Supply Chain Financing
It is now possible to apply flexibility in your payment terms. With Figopara, provide uninterrupted cash flow to your strategic suppliers, achieve more efficient working capital and balance sheet management by integrating with banks from a single point.
What is Supply Chain Finance?
Supplier Financing or Supply Chain Finance; is a financing solution that enables the financing of trade between buyer companies and their suppliers. It enables the supplier that provides goods or services to the buyer company to convert its receivables arising from the sale made at a previous date into cash before the invoice maturity.
With Supplier Financing, buyers and suppliers have the opportunity to organize their payments and collections in line with their cash flow and/or balance sheet targets.
With this system, the buyer company claims a maturity advantage in its payments, while the supplier company gets the opportunity to receive early payment for its receivables.
Turkey's largest supply chain network companies using Figopara.
We support SMEs that are often underserved by traditional funding agencies. That’s why we offer the most technological financing product to solve the cash flow and working capital problems of businesses.
Figopara Supplier Financing SAP Package
Thanks to the Figopara SAP package for buyers using SAP, buyer companies can manage all supplier financing transactions only from the Figopara module in SAP, without the need for any other screen.
With the SAP package which was specially coded for Figopara, you can start using the platform without worrying about the long integration processes.
Our Greatest Strength: Our Business Partners
Why Figopara Supplier Financing?
How does supply chain financing work with Figopara?
Integrated platform with Turkey's largest e-Invoice providers
Figopara works with Turkey’s largest e-Invoice Providers.
So it takes less than 1 minute to transfer your invoices and get paid.
Frequently Asked Questions About Figopara
Accelerating cash flow and growing working capital is one of the most critical issues for any business. With Figopara, you can get the cash you need faster by getting an early payment for your undue e-Invoices.
It is a financial solution that enables the supplier providing goods/services to the buyer company to convert the receivables arising from the sale into cash, without waiting for the due date of the invoice, through the banks where the buyer company works, with the most appropriate financial conditions.
The Trade Registry Gazette, Tax Plate, Signature Circular are the documents required for the verification of your company. Therefore, you must submit those when registering.
Before starting to use Figopara, a contract must be signed and each user must approve the “Information and Consent” form on the web within the scope of the Personal Data Protection Law No. 6698. In addition, the integration between Figopara and the accounting system you use will shorten your business processes.
In the field of Supplier Finance, Figopara is the sector leader for 4,000+ suppliers actively with 6 leading banks in Turkey and it mediates 180 million TL worth of invoice financing monthly in average.
Since its foundation in 2016, it has received investments from companies such as Eczacıbaşı, Finberg, IFC (World Bank), Revo Capital, Lima Ventures and Endeavor Catalyst.