Sümer Faktoring

What Sümer Faktoring does

Sümer Faktoring A.Ş. is a privately held Turkish factoring company founded in 1996, with roughly 30 years of continuous operating history in accounts-receivable financing. The company purchases or advances against receivables owed to Turkish businesses, converting those receivables into immediate cash for clients and providing related receivables-management services. Sümer Faktoring serves three documented customer segments — Anonim Şirketler (joint stock companies), Limited Şirketler (limited liability companies), and Şahıs Firmaları (sole proprietorships) — under a horizontal segmentation approach, with pricing determined per client through direct consultation based on risk profile, volume, and receivable characteristics rather than publicly disclosed fee schedules.

The company operates through a domestic branch network anchored by its Şişli / Istanbul headquarters and twelve additional branches in Ankara, Izmir, Antalya, Bursa, Konya, Adana, Samsun, Gaziantep, Bodrum, and other Istanbul districts. Sümer Faktoring funds its receivables-book by issuing debt instruments (short-term financing bills and longer bonds) to qualified investors, arranged since 2018 primarily through Şeker Yatırım Menkul Değerler A.Ş. and settled via MKK / Takasbank. Its principal funding instruments include TRY-denominated variable-return financing bills with quarterly coupons and 189-day maturities, and 546-day bonds with six coupon payments.

Sümer Faktoring carries a BBB (Trk)/Stable long-term national credit rating from JCR Eurasia Rating (alongside an international BBB-/Stable rating), is supervised by the Turkish Capital Markets Board (SPK), and reports capital-markets activity and shareholder changes through KAP (Public Disclosure Platform). The company has disclosed over 300,000,000 TRY of cumulative bond and financing-bill issuance, with notable scale-up activity in 2026. It operates as a regulated, branch-led SME financing franchise with no identified proprietary technology platform, API, or AI-driven underwriting layer.

Name

Sümer Faktoring

Legal name

Sümer Faktoring A.Ş.

Website

https://sumerfaktoring.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Sümer Faktoring A.Ş. is a privately held Turkish factoring company founded in 1996 that provides accounts receivable financing and receivables management services to joint stock companies, limited companies, and sole proprietors across Turkey through a network of 13 branches.

Ownership category

akta.pro rank

Product category

Factoring Services

NAICS

Sales Financing (52222)

akta.pro primary industry

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

Keywords

• Accounts receivable financing
• Factoring services
• Commercial paper issuance
• Receivables management
• Working capital financing

Headquarters

HQ city

Sisli

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Distribution channels1 record

Marketing channels3 records

Core offering

Sümer Faktoring provides factoring services that purchase trade receivables from businesses, delivering immediate cash against invoices issued to buyers. The company also raises funding through the issuance of bonds and commercial paper (Finansman Bonosu) to support its financing operations. Services are aimed at joint stock companies, limited liability companies, and sole proprietorships operating in Turkey.

Product overview

Sümer Faktoring is a factoring (accounts receivable financing) company providing services to businesses across Turkey. The company offers core factoring services to convert receivables into immediate cash, supported by branch network coverage. The company also issues financial instruments including commercial paper (Finansman Bonosu) and bonds (Tahvil) for financing purposes, with announcements tracked through KAP (Public Disclosure Platform).

Differentiator

Problem solved

Functional benefit

Products and services

• Factoring Services (Faktoring)

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Fibabanka: Smaller Turkish commercial bank with factoring capabilities that overlap with Sümer Faktoring's SME receivables financing business. More limited distribution than the major bank-owned competitors.

Direct peers

• Garanti Faktoring (Garanti BBVA group): Factoring subsidiary of Garanti BBVA, one of Turkey's largest factoring players, offering the same accounts receivable financing services to Turkish SMEs as Sümer Faktoring. Directly competes for SME clients across Turkey with a bank-parent funding advantage.
• Yapı Kredi Faktoring: Factoring subsidiary of Yapı Kredi Bank, providing competing receivables financing to Turkish corporates and SMEs. Shares the same customer profile (joint stock, limited liability companies) as Sümer Faktoring and benefits from parent bank's deposit funding.
• Halk Faktoring (Halkbank group): Factoring subsidiary of Halkbank, directly competing with Sümer Faktoring for Turkish SME factoring business. State-bank parent provides funding cost advantages and broad customer access.
• ING Faktoring (ING Türkiye): Turkey-based factoring operation of ING Group, providing receivables financing in the same Turkish market as Sümer Faktoring. Targets similar SME and mid-market clients with comparable factoring products.
• Deniz Faktoring (DenizBank group): Independent Turkish factoring company affiliated with DenizBank, offering comparable receivables financing services to Sümer Faktoring across multiple Turkish cities with similar customer targeting.
• QNB Finansbank: Major Turkish bank with a factoring arm competing directly with Sümer Faktoring in receivables financing. Serves SME and corporate clients with similar product offerings across Turkey.
• Ziraat Faktoring (Ziraat Bankası group): Factoring subsidiary of Ziraat Bankası, Turkey's largest state bank. Competes with Sümer Faktoring in SME factoring with state-bank funding advantages and the largest branch network in Turkey as parent.
• İş Faktoring (İş Bankası group): Factoring arm of İş Bankası, one of Turkey's largest banks. Operates in the same receivables financing space as Sümer Faktoring with strong SME client overlap and nationwide distribution.

Broad incumbents

• Aktif Yatırım Bankası: Turkish investment bank offering factoring and broader trade finance services that overlap with Sümer Faktoring's core receivables financing business, but as part of a wider product suite including leasing and capital markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Sümer Faktoring