What TEB Faktoring does

TEB Faktoring A.Ş. is a Turkish financial institution founded in June 1997 as a wholly-owned subsidiary of Türk Ekonomi Bankası A.Ş. (TEB), itself part of the BNP Paribas Group. The company specializes in factoring services, operating across domestic factoring (Yurt İçi Faktoring) and international/export factoring (Uluslararası Faktoring), with additional offerings including Supplier Financing, Multi-Local Factoring, Women Entrepreneurs Solutions, and SME and Corporate Solutions. Its products are bundled around three core functions: financing against deferred receivables (checks, promissory notes, invoices), receivables guarantee against buyer non-payment, and collection management. The company has been a member of Factors Chain International (FCI) since January 1998 and operates within the BNP Paribas Factoring Group network, which spans markets across Europe, North Africa, and Latin America.

TEB Faktoring operates a hybrid digital-physical platform: the TEB Faktoring CEPTE mobile application, web-based Online Branch portal, and Quick Apply web service enable 24/7 self-serve factoring applications (including via QR code scanning of postpaid checks), real-time transaction tracking, buyer limit monitoring, and account statement retrieval. The TF360 integrated platform unifies domestic and international factoring management. A Digital Transformation Program (initiated 2022, completed 2025) introduced data analytics and AI-supported models for credit and quotation processes. Security infrastructure includes SSL encryption, single-use SMS verification codes, and SIM card blocking protections. The company is headquartered in Istanbul and operates 15 branches across Turkey, with additional customer access through TEB A.Ş.'s wider bank branch network, a call center (444 8323), and email support.

TEB Faktoring's revenue model is transaction-based, generating income from factoring commissions (rates driven by receivables maturity, risk size, and annual transaction volume) and financing fees (set by market conditions, transaction volume, and average maturity). Pricing is quote-based and not publicly disclosed, with bespoke negotiation for export, supplier financing, and multi-local deals. The company has been ranked Turkey's largest and the world's second largest factoring company, and has been selected seven times as the World's Best Export Factoring Company by FCI. It serves a horizontal mix of SMEs, large corporates, women entrepreneurs, and exporters, with primary segments being SMEs and large corporate/enterprise clients.

Name

TEB Faktoring

Legal name

TEB Faktoring A.Ş.

Website

https://tebfaktoring.com.tr

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

TEB Faktoring A.Ş. is a Turkish factoring company founded in 1997, wholly owned by Türk Ekonomi Bankası (TEB) within the BNP Paribas Group. It provides domestic and export factoring, supplier financing, and multi-local cross-border factoring to Turkish SMEs, large corporates, and exporters through 15 branches, a mobile app, and FCI/BNP Paribas correspondent networks.

Ownership category

akta.pro rank

Headquarters

HQ city

Istanbul

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Factoring Commission: Fee collected based on an agreed rate applied to receivables subject to guarantee and/or receivables management services. Rate is determined by maturity of receivables, size of risk, and annual transaction volume. In international/export factoring, additional criteria include buyer's country and number of invoices.
2. Factoring Financing Fee: Fee collected in return for financing services offered by the factoring company. Calculated based on current market conditions, annual transaction volume, and average maturity of receivables. Provides additional working capital to clients by advancing funds against receivables before due date.
3. Receivables Guarantee / Credit Protection: Non-recourse factoring provides protection against bad debts, where TEB Faktoring guarantees payment if buyers fail to pay due to reasons such as bankruptcy or insolvency, with no dispute over goods. This is embedded within the factoring commission structure.
4. Collection Management Services: TEB Faktoring follows up collection of receivables on their due dates, reducing operational burden on clients. This service is offered as part of the bundled factoring package or separately.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels11 records

Core offering

TEB Faktoring provides domestic and international (export) factoring services to businesses in Turkey, converting deferred receivables (checks, promissory notes, invoices) into immediate cash. Its offerings bundle three services — financing against receivables, receivables guarantee (non-recourse protection against buyer non-payment), and collection management — delivered through a hybrid branch and digital platform including a mobile app, online branch, and quick-apply service.

Product overview

TEB Faktoring offers a comprehensive factoring portfolio centered on domestic and international (export) factoring services, supported by the TF360 integrated platform for unified management. The company provides digital-first access through its TEB Faktoring CEPTE mobile application (enabling 24/7 applications via QR code scanning), the Online Branch platform for real-time transaction tracking, and Quick Apply web service for rapid financing decisions. The product range spans core factoring services (domestic and export), segmented offerings for SMEs and corporates, and specialized solutions including Supplier Financing and Multi-Local Factoring (leveraging BNP Paribas global network). Established in 1997 as a subsidiary of Turkish Economy Bank (TEB) and part of BNP Paribas group, the company serves all business sizes across Turkey with widespread branch coverage and digital channels.

Differentiator

Problem solved

Functional benefit

Products and services

• Domestic Factoring (Yurt İçi Faktoring) Factoring service enabling businesses to convert domestic deferred receivables (checks, promissory notes, invoices) into cash before maturity, improving cash flow and strengthening working capital. Includes financing, receivables guarantee, and collection management.
• Domestic Factoring (Yurt İçi Faktoring) Factoring service enabling businesses to convert domestic deferred receivables (checks, promissory notes, invoices) into cash before maturity, improving cash flow and strengthening working capital. Includes financing, receivables guarantee, and collection management.
• International/Export Factoring (Uluslararası/İhracat Faktoringi) Export factoring service providing financing, receivables guarantee, and collection management for deferred receivables from international trade, offered through a two-factor system with correspondent factor network. FCI membership since 1998 gives access to approximately 400 members in 90 countries.
• TF360 Integrated Factoring Platform All-in-one integrated factoring platform managing both domestic and international factoring needs from a single point, combining financing, receivables guarantee, and collection management with a centralized digital monitoring platform.
• TEB Faktoring CEPTE Mobile Application Mobile application enabling 24/7 factoring applications via QR code scanning or photo upload of postpaid checks, with automatic information fill-in, real-time application tracking, branch and contact information, and campaign notifications. Available on Google Play and App Store. Non-customers can apply without being existing customers.
• Online Branch (Online Şube) Web-based platform for existing customers to track factoring transactions in real time, view account statements, download service invoices, monitor buyer limits, and submit quick applications. Accessible 24/7.
• Quick Apply (Hızlı Başvur) Digital service allowing businesses to submit factoring applications by uploading postpaid check images and company information through the website, receiving responses within minutes.
• SME Solutions (KOBİ Çözümleri) Tailored factoring solutions for small and medium enterprises supporting domestic and export growth with dedicated services and support. Aimed at SMEs with deferred receivables from domestic or international trade.
• Corporate Solutions (Kurumsal Çözümler) Large-scale corporate factoring services including multi-local factoring, supplier financing, irrevocable receivables discounting, financing of public receivables, receivables discount under insurance policy, and Direct Borrowing System (DBS) discounting.
• Supplier Financing (Tedarikçi Finansmanı) Factoring service enabling supplier companies to obtain financing at higher limits and favorable rates while providing buyers with forward purchasing opportunities. Buyers in good credit standing enable their suppliers to access larger financing limits and more favorable rates.
• Multi-Local Factoring International factoring service enabling global coordination and local implementation within BNP Paribas Factoring countries (covering Denmark, Belgium, France, Germany, Italy, Morocco, Netherlands, Poland, Portugal, Spain, UK, Mexico, and Senegal), with a centralized digital monitoring platform.
• Women Entrepreneurs Solutions (Kadın Patronlara Özel Çözümlerimiz) Special factoring solutions designed for women-owned businesses with tailored financial support and advantages, spanning domestic and export factoring.

Quantifiable outcome

• Response to factoring applications within minutes via Quick Apply digital service
• +2 more outcomes

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FCI (Factors Chain International)coreStrategic or Co-development Partner · 1 January 1998TEB Faktoring joined FCI in January 1998. FCI is the world's largest international factoring organization with close to 400 members in 90 countries, representing approximately 88% of global international cross-border factoring volume. Through this membership, TEB Faktoring offers export factoring via a two-factor system (export and import factors), accesses buyer intelligence services, and participates in global industry events and best practice development. TEB Faktoring has been selected as the 'World's Best Export Factoring Company' by FCI seven times.
• BNP Paribas Factoring GroupcoreStrategic or Co-development PartnerBNP Paribas Factoring Group provides TEB Faktoring with international factoring capabilities, global standards, and the multi-local factoring platform. The BNP Paribas network covers Denmark, Belgium, France, Germany, Italy, Morocco, Netherlands, Poland, Portugal, Spain, UK, Mexico, and Senegal. TEB Faktoring is a BNP Paribas Group company, leveraging the group's global reach, brand credibility, and ESG leadership. BNP Paribas Group is also a financial partner, providing access to international capital markets and funding.
• GeliverminorGTM or Marketing PartnerGeliver partnership offers TEB Faktoring customers discounted courier and shipping rates. Customers can receive discounted offers from courier companies through the Geliver platform, providing an added value benefit to TEB Faktoring clients and driving customer acquisition and retention.
• FCI and IFG (International Factors Group)coreStrategic or Co-development PartnerIn 2016, FCI integrated the activities of IFG (International Factors Group). TEB Faktoring participated in joint FCI/IFG General Assemblies, including the 48th Annual General Meeting in Cape Town. The integration expanded FCI's global network and educational resources for the factoring industry.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Halk Faktoring A.Ş. Direct Turkish peer affiliated with Halkbank. Competes in domestic and export factoring for SMEs and corporates, offering similar bundled financing, guarantee, and collection products to TEB Faktoring.
• Bibby Financial Services: Global SME-focused factoring and invoice finance provider operating in multiple countries. Directly comparable in product scope (receivables financing, collection, credit protection) and in target segment to TEB Faktoring's SME book.
• QNB Faktoring (formerly Garanti Faktoring): Direct Turkish competitor, formerly a Garanti Bank subsidiary and now part of the QNB Group. Competes head-to-head with TEB Faktoring in domestic factoring, export factoring, and digital SME channels in Turkey.
• İş Faktoring A.Ş. Direct Turkish factoring competitor and a subsidiary of İşbank, one of Turkey's largest banks. Competes with TEB Faktoring across domestic and export factoring, supplier financing, and digital channels for SME and corporate clients in Turkey.
• Deniz Faktoring A.Ş. Turkish factoring company affiliated with DenizBank, providing domestic and export factoring. Operates in the same SME and corporate segments as TEB Faktoring and is a comparable bank-affiliated factor.
• Ak Faktoring A.Ş. Turkish factoring company focused on SME and mid-market receivables financing. Competes with TEB Faktoring for domestic factoring volume and digital SME customers across Turkey.
• Yapı Kredi Faktoring A.Ş. Direct domestic peer: a factoring company owned by Yapı Kredi, a major Turkish bank. Offers a comparable domestic and export factoring product set to Turkish SMEs and corporates, sharing the same parent-bank distribution model as TEB Faktoring.
• Eurofactor (Société Générale): Major European factoring company owned by Société Générale, active across multiple countries with a similar full-service product set (domestic, export, multi-local, supplier financing). Closest Europe-wide functional comparable to TEB Faktoring's full-stack model.

Broad incumbents

• BNP Paribas Factor: Parent group affiliate and one of Europe's largest factoring platforms, with operations across multiple European, North African, and Latin American countries. TEB Faktoring is the Turkey hub inside this network for multi-local programs, making BNP Paribas Factor both a partner and the most directly comparable group-level peer.
• Coface SA: Global trade credit insurer that also runs a factoring business. Overlaps with TEB Faktoring in receivables guarantee, buyer credit intelligence, and export factoring for SMEs and corporates, though Coface operates across a broader credit-insurance portfolio.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat8 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tebfaktoring

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 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 TEB Faktoring