Factoring is a financing method in which businesses convert post-dated checks they receive from their customers into cash before maturity.

With Factoring, you can reach the necessary cash for your business as soon as you make the sale, and continue to provide your customers with the opportunity to pay on the terms they demand.

As you start making collections faster, you can sell more to your customers and continue to grow your business.

Since factoring transactions are fast and practical, you can do it immediately if needed. You know from the beginning how much a deduction will be made transparently, then you do not make any payments.

Moreover, by working with factoring regularly, you can follow the current financial status of your customers and reduce your risk.

Factoring Advantages

Fast and Practical

There are no long procedures, no paperwork. Transactions are fast and simple as you turn your receivables into cash.

Unsecured

As with a bank loan, you don't need to show a mortgage or collateral to get money. Checks act as collateral.

Flexible Limit

You will not be stuck on the limit as in bank loans. You can increase your transaction limit in parallel with your sales.

Free Intelligence

You will be informed about the current status of your customers and your receivables, and you will not encounter bad checks.

Transparent

You can transparently know the amount you will pay from the very beginning. You will not face additional costs such as interest payments, closing penalties, and compulsory insurance.

Balance Sheet Advantage

When you turn your check into cash, your balance sheet becomes more liquid, as you make your collection instantly without borrowing anywhere, the value of your company