İş Faktoring

What İş Faktoring does

İş Faktoring A.Ş. is a Turkish non-bank financial services company, founded in 1993 as a wholly-owned subsidiary of Türkiye İş Bankası A.Ş., Turkey's largest private bank. It provides receivables-based financing to SMEs, exporters, importers, and government contractors through three core service lines — financing (advance payment against invoice-based receivables), guarantee (insolvency protection for receivables), and collection (third-party receivables management) — delivered via 11 physical branches across Turkey, the parent bank's distribution network, and the ÇekMatik digital self-serve application. Revenues are earned through three transaction-based streams: factoring commissions on assigned receivables, interest/financing fees on advance payments, and transaction expense pass-throughs (EFT, transfers, file processing) plus a 5% BDDK Banking and Insurance Transactions Tax (BSMV) on total deductions.

The company operates a hybrid product portfolio spanning domestic discounting instruments (Faturalı Çek Senet/Açık Hesap İskontosu, Teminat Mektubu Devri, DBS İskontosu, Kamu Alacaklarının Temliki, Tedarikçi Finansmanı) and cross-border services (İthalat Faktoringi, İhracat Faktoringi, Muhabir Garantili İhracat Faktoringi, Eximbank Kredileri), the latter enabled by membership in Factors Chain International (FCI) and its 450+ correspondent network. As of 2025, İş Faktoring reports 38.8 billion TL in total assets, 36.5 billion TL in factoring receivables, and 155.5 billion TL in annual transaction volume (60% year-over-year growth), a DRC credit rating of TR AAA (long-term) / TR A-1 (short-term), and the title of sector leader among private-capital factoring companies in Turkey.

The ownership structure is concentrated: İş Finansal Kiralama A.Ş. (itself an İş Bankası group company) holds 78.23%, TSKB holds 21.75%, and small residual stakes sit with TSKB Gayrimenkul Değerleme, Trakya Yatırım Holding, and İş Merkezleri Yönetim ve İşletim. İş Bankası is therefore the ultimate controlling shareholder. Paid-up capital is 150 million TL divided into 15 billion shares; the company is an unlisted joint-stock company supervised by BDDK and a member of the Financial Institutions Association (Finansal Kurumlar Birliği).

Name

İş Faktoring

Legal name

İş Faktoring A.Ş.

Website

https://isfaktoring.com.tr

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

İş Faktoring is a Turkish non-bank factoring company and wholly-owned subsidiary of Türkiye İş Bankası, providing receivables financing, guarantee, and collection services to SMEs, exporters, importers, and government contractors across 11 branches and the ÇekMatik digital platform.

Ownership category

akta.pro rank

Product category

Commercial Factoring

akta.pro primary industry

Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK)

akta.pro secondary industry

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)

Keywords

• Factoring services
• Receivables financing
• Export factoring
• Supplier financing
• Digital factoring

Headquarters

HQ city

Levent

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Factoring Commission Fees: Commission calculated based on assigned receivables, varying by transaction volume and due date of receivables.
2. Factoring Interest/Financing Fees: Interest charged on advance payments made to customers before due date, determined based on transaction type and market conditions.
3. Transaction Expenses: Fees for EFT, transfers, cheques, notes, and file processing costs.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

İş Faktoring is a commercial factoring company that converts businesses' post-dated trade receivables (invoices, cheques, notes) into immediate cash through advance payments, protects sellers against buyer insolvency via guarantee services, and undertakes professional collection of receivables. It serves both domestic transactions (supplier financing, DBS discounting, assignment of public receivables) and cross-border trade (import factoring, export factoring with 100% correspondent-backed guarantee, Eximbank loans). The ÇekMatik digital application enables 24/7 self-serve submission of factoring requests with preliminary approvals delivered within minutes.

Product overview

İş Faktoring operates as a comprehensive factoring services platform offering three core service categories: Financing (advance payments on invoice-based receivables), Guarantee (protection against buyer insolvency), and Collection (accounts receivable management). The company provides domestic services including Invoiced Cheques-Notes/Open Account Discount, Transfer of Letter of Guarantee, Direct Debiting System Discount, Assignment of Public Receivables, and Supplier Financing. International services encompass Import Factoring, Correspondent-Guaranteed Export Factoring, Export Factoring, and Eximbank Loans. The digital product ÇekMatik serves as an AI-powered mobile and web application enabling 24/7 factoring transaction requests and rapid preliminary approvals. The company also offers educational resources including a Factoring Glossary and Contract templates.

Differentiator

Problem solved

Functional benefit

Brands

• ÇekMatik: Digital factoring application developed by İş Faktoring. An artificial intelligence product that provides users with fast and secure cash conversion of undue receivables. Accessible via mobile app and www.cekmatik.com.tr.

Products and services

• ÇekMatik AI-driven digital factoring application available on mobile and web that lets users convert invoice and cheque receivables into cash before maturity and receive preliminary financing approvals in minutes, 24/7, without visiting a branch.
• Faturalı Çek Senet / Açık Hesap İskontosu (Invoiced Cheque/Note and Open Account Discounting) Domestic discounting of receivables arising from sales of goods and services before their due date upon assignment, processed through invoices, cheques, or notes, providing immediate liquidity to sellers.
• Teminat Mektubu Devri (Transfer of Letter of Guarantee) Domestic factoring product that allows Türkiye İş Bankası letters of guarantee received from buyer firms to intermediate cash credit operations for the seller.
• DBS İskontosu (Direct Debiting System Discount) Direct Debiting System (DBS) Discount enabling sellers with defined limits to discount invoices before due date through an automatic collection system.
• Kamu Alacaklarının Temliki (Assignment of Public Receivables) Assignment of Public Receivables enabling contractors to discount current or future receivables from Turkish public institutions before their due date.
• Tedarikçi Finansmanı (Supplier Financing / Reverse Factoring) Supplier Financing (reverse factoring) that lets sellers collect payments early while giving buyers extended maturity, anchored by the buyer's credit standing.
• İthalat Faktoringi (Import Factoring) Import Factoring where İş Faktoring makes advance payments to foreign sellers on behalf of Turkish importers, with importers paying on post-date terms.
• Muhabir Garantili İhracat Faktoringi (Correspondent-Guaranteed Export Factoring) Correspondent-Guaranteed Export Factoring providing guarantee, collection and financing services for export receivables with 100% guarantee in case of buyer bankruptcy, delivered via FCI's global correspondent network.
• İhracat Faktoringi (Export Factoring) Export Factoring providing guarantee, collection and financing services for international trade receivables, allowing exporters to collect payments before due date.
• Eximbank Kredileri (Eximbank Loans) Eximbank Loans providing customers access to cost-effective export credit through Türk Eximbank via İş Faktoring for cash foreign exchange transactions against goods.

Quantifiable outcome

• 60% year-over-year transaction volume growth reaching 155.5 billion TL in 2025
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Factors Chain International (FCI)coreTechnology or IntegrationInternational factoring association with over 450 member companies and banks worldwide. İş Faktoring leverages FCI's correspondent network to provide international factoring services including export and import factoring.
• İş LeasingminorGTM or Marketing PartnerAffiliate company of İş Bankası group providing leasing services. Cross-promotional relationship.
• BDDK (Bankacılık Düzenleme ve Denetleme Kurumu)coreOthersRegulatory authority overseeing financial institutions including factoring companies. İş Faktoring operates under BDDK supervision.
• Finansal Kurumlar BirliğiminorOthersAssociation of Financial Institutions. İş Faktoring is a member and adopts the Professional Ethical Principles determined by the association.
• Eximbank (Türk Eximbank)minorChannel Partner/ Reseller/ DistributorTürk Eximbank provides export credit and support programs. İş Faktoring offers Eximbank loans as part of its foreign services portfolio.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Birleşik Faktoring: Independently owned Turkish factoring company serving SMEs with invoice discounting and receivables financing. Comparable customer segments and domestic-product mix despite the absence of a large parent-bank balance sheet.
• Vakıf Faktoring: Subsidiary of VakıfBank, providing factoring services to Turkish corporates and SMEs. Closely matched business model with public-bank backing — direct competitor in domestic and export receivables financing.
• Garanti Faktoring: Turkish factoring company, subsidiary of Garanti BBVA, offering financing, guarantee, and collection services to SMEs and exporters with similar bank-backed distribution. Direct competitor operating in the same regulatory and macro environment.
• Yapı Kredi Faktoring: Subsidiary of Yapı Kredi, one of Turkey's largest private banks, providing domestic and international factoring, supplier financing, and receivables management. Closely comparable business model, scale, and customer base to İş Faktoring.
• Deniz Faktoring: Factoring arm of DenizBank, offering domestic and export factoring across Turkey with bank backing. Comparable product portfolio including invoice discounting, supplier financing, and guarantee services for SMEs.
• Halk Faktoring: Factoring subsidiary of Halkbank with state-bank parent backing, serving Turkish SMEs in domestic factoring and export/import receivables financing. Comparable scale and product mix to İş Faktoring.

Broad incumbents

• Bibby Financial Services: One of Europe's largest independent factoring companies serving SMEs with invoice finance, factoring, and FX risk management. Global incumbent used as a comparator for factoring scale, product breadth, and SME-penetration benchmarks.
• Eurofactor (BNP Paribas): Factoring arm of BNP Paribas operating across Western and parts of Central Europe, providing domestic and export factoring with a strong bank-parent distribution model. Comparable as a large, bank-backed European factoring franchise.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/isfaktoring
• YouTubeyoutube.com/@isfaktoring7931
• Facebookfacebook.com/isfaktoring
• LinkedInlinkedin.com/company/isfaktoring
• Instagraminstagram.com/isfaktoring

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about İş Faktoring