Import Factoring

Import Factoring

Import factoring product enables payment of import amount to the importer firm in cash by granting due date to the receivables arising from import transactions of our clients. With this product, importer firms may realize their payments in the future by taking the advantage of making procurements in cash. Resource Utilization Support Fund (RUSF) obligation does not occur because the amount of the good subject to import is paid by Vakif Faktoring in cash. Importer also may receive cash discount from exporter after paying the amount in cash. Besides taking the advantages of importing in cash, the importer makes payment to Vakıf Faktoring in the future. Importer also receives access to a new funding facility on behalf of exporter without decreasing availability of credit limits.

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