2 articles tagged βSmeβ
Turkey has no standalone participation leasing or factoring company. What it has is Katilim Finans Kefalet: 48 billion TL of surety for 7,000 collateral-short businesses in three years. How the only game in town works.
Three years old, backed by the Treasury and seven participation banks, KFK has guaranteed 48 billion TL of financing for 7,000 collateral-short businesses. What it does well, and the two things it will not publish.