Import Factoring
This is our factoring product whereby the debts of our customers arising out of their import transactions are deferred; and the import price is paid to the export company in cash. With this product, import companies can benefit from the advantages of cash purchase and make their payments in installments. With Import Factoring,
- No Resource Utilization Support Fund (RUSF) becomes payable since the cost for the imported goods is paid in cash by Garanti BBVA Factoring,
- The importer can get a cash discount from the exporter because the price for the goods is paid.
- Besides benefiting from the advantages of cash import, the importer makes payment to Garanti BBVA Factoring in installments..
- A new funding possibility is provided for the importer without using bank limits.