Turkey Factoring
Export Factoring For Turkish Exporters
Turkey exports factoring. Turkish exporters that offer credit to their buyers on 30- to 90-day terms and operate without an export factoring facility may experience cash flow shortages from time to time.
An export factoring facility, which is a common funding option for exporters, can eliminate cash flow problems associated with credit term receivables.
Advantages of export factoring for Turkish exporters
- Turkish exporters granting credit to their buyers...
- Can trade with confidence with export factoring
- Non-recourse factoring (export factor assumes the risk)
- High advances on export accounts receivables
- Factoring is not a loan, not a debt on a balance sheet
- Funding generally within 24-48 hours of approval
- Funding is based on the credit quality of your buyers
- Funding increases as your exports grow
- Funding buyers in many countries
- Credit Protection (eliminating credit risk)
- Collections and Reporting (typically an extension to back office)
- Turkish exporters can offer longer payment terms and compete for larger customers
- Our team monitors the creditworthiness of your buyers
- Improved cash flow with export factoring
- Assistance with managing overseas buyers
- Supply Chain Finance (full supply chain funding)
Exporters in Turkey will work with our affiliate for your country. For more information, please contact us at any time. We will get back to you as soon as possible.
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