1- Funding
Open Account / Invoiced Future Receivables Funding
Providing fast and flexible funding before due date by assigning future invoiced receivables to Factoring institution.
Extension of terms of sales due to competition in the domestic market and collections becoming more difficult cause growing credit risk as well as increase of your working capital needs. This blocks your working capital and your need for funding increases day by day although you have a good portfolio of clients and no risk concern. At this point, you may receive pre-financing without waiting for due date of your receivables.
Funding for Future Receivables with Checks or Promissory Notes
Providing fast and flexible funding before due date by assigning future receivables with checks or promissory notes to Factoring institution.
Public Receivables Funding
This type of transaction provides funding by transferring the current or to arise receivables to our firm from public institutions and organizations by taking their confirmation and by discounting them without waiting until due date.
By turning your receivables from public institutions into cash in a short time, this provides sustainability to the selling of goods and services to the public and accelerates your cash flow
Direct Debiting System Discounting (DBS)
Direct Debiting System is and automated collection system providing guarantee coverage upto the amount of the limit of credit facility provided to each buyer by the bank to the receivables that arise from selling of goods and services of the firms that have widespread distributor and trade network.
with Direct Debiting System, seller may discount the invoices uploaded by buyers that have defined limits before due dates.
You can benefit from DBS discounting transactions via Vakıf Faktoring A.Ş.
Supplier Financing
This is the model of solutions for the suppliers to access funding facilities whenever needed who are providing goods and services regularly to corporate and large scale firms by turning receivables arising from the sales to those firms into cash as well as to optimize cash flow, liquidity and working capital by arranging payment due dates with more flexibility together with the suppliers of the buyers.
Trade Chain Financing System
Trade Chain Financing system implemented by the Association of Financial Institutions is a model that provides quick and low cost funding facility within digital platforms.
Supplier firms, receive funds for the ongoing production process by financing the trade chain when they need cash without waiting until the due date which is provided by the buyer firms to whom they sold goods and services.
2- Guarantee
With our guarantee product, receivable is covered with guarantee if the buyer firm that is granted limit facility experiences difficulty in repayment provided that conditions stated in the agreement are fulfilled.
Delivery of the sold good without any fault is one of the most important conditions.
This service enables especially exporter firms to find new clients and not to carry risk with guarantee limits provided.
They receive up-to-date intelligence information for the their new buyers as well as prospect buyers.
Their power of competition increases with the ability to make business with new firms and terms extension.
In addition, they may increase profit margin with the possibility of expansion of terms.
They may contribute volumes substantially with guaranteed sales.
3- Commercial Collection Management
Financial solution we provide to our clients in commercial and corporate segment who want a professional service for collection management when they realized sales to a diversified portfolio of clients and cannot collect receivables on time and when they have difficulty monitoring collections.
Funding facility is also provided to our client, if they do not want to wait until due dates of the receivables that we are following.
With the collection product, our clients are also benefit from the advantages below:
Saving from your employee number and operational business processes for the collection follow up process.
Sales team may solely focus on sales activities as collection operations will be carried out by Vakıf Faktoring A.Ş.
Successful collection ratio increases as collections are monitored by a financial institution
Regular reporting is realized about collections.