Adopting a visionary perspective since the very day it was founded, Ekspo Faktoring takes firm steps forward with its mission of breaking new ground in the industry with its innovative applications, services and products.
Ekspo Faktoring was founded in 2000 with a capital of TRY 1 million, on the solid basis of the banking experience of its founders and top executives that have aggregated 100 years, intending to reconstruct the industry with a different perspective. Thanks to its innovative practices, transparency and trust-based approach, it has become one of the leading companies in the financial industry in a short time. Bringing a breath of fresh air to the rapidly growing factoring industry in Turkey, the Company has always successfully emerged from economic crises with its strong equity structure. Today, the company looks to the future with confidence with its shareholders’ equity exceeding TRY 236 million, as well as its sustainable growth-oriented and innovative vision.
A banking experience of over 100 years
Shareholders’ equity exceeding TRY 236 million
Pioneer of innovations and firsts
Continuing its activities with a focus on quality, efficiency and client satisfaction with its strong capital structure, innovative management approach, competent human resources and sustainable growth goal, Ekspo Faktoring has achieved many firsts in the industry with its innovative applications, services and products. By offering Turkey’s first structured finance products to the use of different industries, it has concluded foreign trade transactions of approximately $702 million, including $102 million of letter of credit transactions in the past 11 years. As the first company in the Turkish factoring industry to publish an annual report, fully disclose its financial statements regularly, audited by independent auditors and switching to the SWIFT (The Society for Worldwide Interbank Financial Telecommunication System), Ekspo Faktoring is raising the standards of the industry with its transparency.
Foreign trade transactions of $702 million in 11 years
The perfect match of traditional and innovative
Built on the robust experience of its founders in the banking sector, Ekspo Faktoring has integrated its innovative perspective into all business processes of the company, preserving its traditional values with the second generation at its helm. In today’s world, as we experience a rapid change and transformation in every aspect of our lives, the Company’s ability to combine tradition and innovation in a harmonious and balanced way has given the Company a significant advantage.
Tailored solutions and services
Always one step ahead in its industry with its superior service quality and proactive approach, Ekspo Faktoring is among the strongest financial institutions in Turkey, and it considers keeping up with the rapid change in the world and predicting the dynamics of the future among its priorities. Offering a wide range of services, primarily contract financing, project financing, order financing, pre-sales financing, supply chain financing and structured products, the Company meets the financing needs of many companies operating in industries including manufacturing, textile, transportation and construction, which form the backbone of the Turkish economy. It also makes a difference with its ability to analyze the needs and expectations of its clients, to develop special, creative products and services, and to offer the most accurate financing, guarantee and cash management solutions for their future needs.
Ekspo Faktoring offers effective solutions for client expectations and needs, while responding quickly to changing needs.
Long-term collaborations based on trust
The client stands at the very center of all business processes and its satisfaction is regarded as the top priority at Ekspo Faktoring. This is why its long-term relationships with its clients are based on trust, as the company offers effective and rapid solutions in line with client expectations and needs, as well as its care for superior service quality. The Company, which has a client retention rate well above the industry average thanks to its rigor and proactive approach to portfolio efficiency, closely monitors the business of its clients and the industries in which they operate, and keeps its relations alive with regular visits and meetings.
Ekspo Faktoring enjoys a client retention rate well above the industry average.
Proactive approach, privileged service
Ekspo Faktoring has accomplished successful business operations with Turkey’s leading companies thanks to its proactive approach, and the company focuses on export activities as well as the transactions carried out by its clients in the domestic market with its mission of providing privileged service. It adds value to the Turkish economy with its successful projects, contracts and orders with companies operating in the steel industry, machinery equipment, durable consumer goods, textile, leather, paper, food and construction industries and importing raw materials mainly for export purposes.
Worldwide correspondent network
Ekspo Faktoring is renowned as a reliable, effective and stable institution in global financial markets thanks to its strong financial structure and management approach shaped within the framework of transparency and accountability principles, and its financial superiority and strength are rated by international rating agencies. The company also has a significant competitive edge with the international correspondent relations it has established. Ekspo Faktoring has a widespread correspondent network spanning from the US to Germany, and from China to Korea, and the company continues to reinforce this network by working in cooperation with domestic and foreign banks and financial institutions. With these partnerships, it supports the competitiveness of its clients by providing them with medium and long-term resources and guarantees in their import operations.
Widespread correspondent network spanning from the US to Germany, and from China to Korea
Qualified intellectual capital
Ekspo Faktoring is among the strongest financial institutions in Turkey in terms of intellectual capital. The secret to its success is that its team of experienced professionals, who closely monitor current developments, offers innovative and customized solutions that meet the needs and expectations of clients. Working within the framework of high ethical standards and with a strong sense of responsibility, this team is the foundation of the corporate culture that carries Ekspo Faktoring to the future. Aiming to further strengthen its service infrastructure and increase the competence of its human resources, the Company supports the development of its employees, who are equipped to develop creative solutions, through tailored training.
Operational speed and efficiency
Ekspo Faktoring made significant investments in information technologies. In order to ensure the security of its relations with banks and international financial institutions, it switched to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system in 2012, becoming the first company in its industry to do so. The Company’s system infrastructure was upgraded in 2014 and this was followed by investments in 2016 to meet the requirements of the Risk Center under the Banks Association of Turkey. With these investments, the virtual platform capacity of the Company was doubled and steps were taken to create logging and testing environments, shift to centralized management of the technological infrastructure, and enhance data security. Ekspo Faktoring follows technological innovations closely while maintaining and strengthening its infrastructure to keep it up-to-date. It has increased data security by taking steps related to logging, creation of test environments and centralized management of technological infrastructure. Ekspo Faktoring prioritizes operational speed and efficiency in its operations, closely follows technological innovations, and constantly updates and strengthens its infrastructure.
Ekspo Faktoring was the first company in its industry to use SWIFT and continues to raise the standards of the industry.