A transaction where, under an agreement made between a Participation Bank and the borrowing business, the bank pays the seller the cost of any type of raw materials, semi-finished goods, products, real property, machinery, equipment or service, required by the business and then debits such cost to the business.
Corporate Financing Support loan is made available to our clients, either in TL or FX or as FX-indexed, the currency being best suited thereto.
These are loans disbursed in TL, but as indexed to a certain foreign currency, and having repayments collected in TL according to the indexing foreign currency. FX-indexed loans in TL are ideal for our corporate clients having no exports, or operations involving FX receipts, but desiring to use FX loan.
FX loans are other facilities we extend, against a guarantee for fulfillment of the export commitment, to companies having exports, or operations involving FX receipts such as deemed export sales and deliveries. FX loans are exempt from taxes, duties and fees, provided that the export commitment is fulfilled.