Garanti Factoring
With its dynamic, innovative and customer driven approach to business, Garanti Factoring continues its operations as the leading factoring company in the industry.
Established in 1990, Garanti Factoring is one of Turkey's oldest factoring companies with almost two decades of experience in the sector positioning itself as a leading factoring company in the market. Garanti Factoring enjoys a strong shareholder structure and a powerful brand name in Turkey being a subsidiary of Garanti Bank, the second largest private bank in Turkey which operates as a fully-integrated financial services company. The company's remaining shares of 34.82 % is publicly quoted on the Stock Exchange.
Garanti Factoring offers a full range of product-suite with a "win-win" business approach to those companies having an extensive supplier network, as well as to corporate customers that are active in export and import business and last but not least to small and medium size companies which are the backbone of our growing economy.
As export and import finance is growing rapidly in Turkey, the need for structured receivable finance products is increasing in addition to standard banking products. In addition to its traditional and diversified domestic product suite in the local market, Garanti Factoring offers tailor-made products that are structured in line with the nature of the sector and the need of the customer. Garanti Factoring meets the needs of its customers by fast and efficient solutions providing both export factoring and supplier finance. With its dynamic, innovative and customer driven approach to business, Garanti Factoring continues its operations as the leading factoring company in the industry.
Garanti Factoring offers collection, credit protection and financing products for both domestic receivable and international trade finance needs of customers. Garanti Factoring is also one of the leading providers of Import Factoring and Supply Chain Finance serving international suppliers all around the world and adding value to the customers' international supply chain.
Garanti Factoring is pioneer in Commercial Collection Management service for corporate customers providing collection management of their receivables saving the seller on extra cost of an additional headcount for collection process internally as well as improving payment performance through an effective and close collection monitoring process by a professional team who follows up the payment from buyers and makes regular reporting exclusive for the seller showing the collection performance.
Garanti Factoring, being a member of two major global factoring associations which are Factors Chain International (FCI) and International Factors Group (IFG), offers international factoring services through both chains enjoying an extensive correspondent network around the world. The dual membership to both associations adds a great advantage and a competitive edge to Garanti Factoring which can assist its customers to make their open account sales more secure, swift and easy. Through a wide network of correspondent factors, Garanti Factoring is able to provide the most updated information and comprehensive credit investigation reports to its customers.
Garanti Factoring continues improving its close cooperation and synergy with Garanti Bank in an attempt to add value to its customers. In line with this harmony with the parent bank, Garanti
Factoring aims to deepen the cooperation with bank's branch network and portfolio managers that would help to position itself with a complementary factoring product offering that will enable realising a factoring transaction in each and every commercial branch of Garanti Bank.
Garanti Factoring continued its solid performance in 2010 achieving a market share of 22% whilst the balance sheet size of the company reached 1.5 billion TL at the year-end. Garanti Factoring re-instated its strong Fitch ratings of BBB- for the long-term TL and foreign currency at the end of 2010. In 2009 and 2010 Garanti Factoring received the "Most Popular Factoring Company" award by Capital Magazine for two consecutive years following an independent assessment by the magazine.
 |
Address Eski Büyükdere Caddesi Ayazağa Köy Yolu No:23 Maslak / İstanbul |
|
Web Site www.garantifactoring.com |