Invoice Financing

Invoice financing is especially suitable for suppliers, who wish to create funding against sales invoices. Such funding would typically be provided by Garanti Bank upon presentation of commercial invoice together with the appropriate shipping documents. Invoice financing may be on a recourse or non-recourse basis towards the supplier. In case of recourse invoice financing, Garanti Bank needs to enter into a credit relationship with the supplier whereas in non-recourse financing, the buyer should be a credit customer of Garanti Bank. A hybrid means of invoice financing can also be structured in the form of a limited recourse basis.