2 articles tagged “Sme”
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.
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.