BIC ISBKDEFX
Your benefits:
improved liquidity
reduce receivables on the balance sheet
no need to utilise your own credit line
fixed interest rate for the entire term, allowing you to accurately calculate your businesses costs
low exchange risk (only until the receivable is purchased by the forfaiter)
quick and convenient processing
Alongside conventional types of financing, forfaiting is becoming increasingly important today. Forfaiting is the purchase without recourse (à forfait in French) of a receivable that you are due from a customer. The purchasing bank expressly waives any right to recourse against the seller of the receivable.
Are you a businessperson dealing with bills of exchange? Then forfaiting may be the ideal solution for you. In a forfaiting arrangement, we first verify the creditworthiness of the party liable on the bill and, if necessary, that of the guarantor. We subsequently pay you the proceeds of the bill, less a discount.
İşbank waives the right to recourse in respect of your company so that you no longer have to worry about payment of the bill of exchange on the due date. This process could not be any easier or more secure.
We first verify the creditworthiness of the party liable on the bill and, if necessary, that of the guarantor.
We subsequently pay you the proceeds of the bill, less a discount.
We waive the right to recourse in respect of your company so that you no longer have to worry about payment of the bill of exchange on the due date.
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