Factoring is a financial solution that is used to convert receivables into cash in a short time, in return for the transfer of uncollected term receivables arising from sales of all kinds of goods and services, based on invoices or documents replacing invoices, to the factoring company.

In this sense, factoring is a financing method based on the purchase of the receivables of the companies that make forward sales by the factoring companies.

The factoring system is one of the most important methods that provides movement and liquidity to the term receivables and provides the "cash" inflow, which is one of the biggest requirements of a business. With the agreements made with factoring institutions, businesses get a fast, safe and effective collection and cash flow method for their trade receivables. In this way, the companies that transfer their receivables to the factoring company provide easier and faster financing, and become more advantageous in terms of workforce and time.

Simply put, factoring transactions provide funding to meet your fast financing obligations and successfully grow your business. It is difficult to expand the business if there is a shortage of cash. Factoring converts your sales into cash, providing you with a healthy growth opportunity. At this point, factoring services are an effective financial option for all futures entrepreneurs, businesses and companies.