JCR Eurasia Rating upgraded Sümer Faktoring's national rating to 'A (tr)'. Short-term national rating remains 'J1 (tr)' with 'Stable' outlook. International ratings remain 'BB/Stable' in line with Turkish sovereign ratings
Trade finance facilitates international trade through financial instruments. It introduces third parties to remove payment and supply risks. Banks, trade finance companies, importers, exporters, and insurers are involved
U.S. factoring industry valued at $147 billion in 2021. Factoring companies provide immediate payment for outstanding invoices. Average factoring rates range from 1% to 5% of collected invoices
JCR Eurasia Rating affirmed long-term national rating at 'A- (tr)'. Short-term national rating remains 'J1 (tr)' with stable outlook. International ratings assigned as 'BB/Negative'
Deniz Faktoring operates in Şişli, Istanbul under the KVKK. Company acts as Data Controller for personal data processing
Factoring involves selling accounts receivable to a third party at a discount. Three parties involved: factor, seller, and debtor. Used by businesses to meet immediate cash needs