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Turk ExIm Bank Loan Facility Increase for Ekspo Faktoring A.Ş.

Turk ExIm Bank and Ekspo Faktoring A.Ş. inks additional $ 5,000,000.00 loan facility to support Turkish exporters. Ekspo Faktoring A.Ş. and Turk ExIm Bank recently signed a kick starter 5,000,000.00 facility nevertheless due to successful down lend additional tranche talks began early June and was signed last week. This brings the total facility up to $ 10,000,000.00. Government backed Turk ExIm Bank mandated to support the Turkish exporters recently added selected Turkish factoring companies to benefit from its low cost Central Bank funds.