Support - Figopara
Support
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General Questions
With Figopara, you can receive cash for your outstanding issued invoices immediately. At Figopara, you have the opportunity to get financing from different institutions at the same time, and you are supported at every step. To give a little more detail, Figo Supply Chain Finance brings together the buyer, supplier, and financial institution, which are the parties on the same platform. It provides the opportunity to perform processes such as notification/confirmation, invoice assignment, pricing, etc., much faster and through a single system; moreover, many financial institutions can send proposals for your invoices for which a discount request is created through Figopara, making the process easier to follow, and the Figopara team supports you at this time.
Koray Gültekin Bahar, the Fintech President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), and and his partners founded Figopara in 2016. Figopara's investors include institutions such as Eczacbaşı, Finberg, the World Bank, JIMCO, the Development Bank, L2G Ventures, Logo Yazılım, Maxis, ScaleX, Oyak Yatırım and TechOne. Click for more
Figopara is not a factoring company.
We routinely review the information and data controls of all the financial institutions and banks with which we have contracts. Our IT infrastructure is regularly audited by all contracted financial institutions, and your information is not shared with any other institution other than these financial institutions, and is stored on our servers. To review our policy on the protection of your personal data in detail, you can read our disclosure by clicking here.
When your e-invoice integrator is connected to Figopara you can select your invoices and complete your transaction at any time. Having your e-invoice integrator connected to Figopara will have a positive impact on the financing limits you get from our partner financial institutions.
Yes. Through our website, you can send the user and company information that will be used to register.
The Platform Agreement must be signed and our users' explicit consent texts must be approved on our website. Integration of Figopara with your e-invoice integrator system shortens your business processes and helps you increase the maximum available amount that financial institutions we cooperate with will work for you.
Definetely yes. Each company gets a user account. New user accounts for the same company can be created by clicking the "Add New User" button on the Users tab in the My Account section.
All of these documents can be provided to you by your accountant.
These files are stored on our servers and are never released to the public to third parties, with the exception of financial institutions.
During the processes of receiving and accepting offers from relevant financial institutions or companies for your invoice/invoices displayed on the Figopara, you must pay this fee to complete the transaction.
Figopara receives the transaction fee for invoices for which you have been quoted, excluding the financial institution's fees.
The transaction is determined by the amounts on the invoices. According to the invoice amounts, the following fees will be charged to you:
100 TL for invoices between 0 TL and 3.600 TL,
2.04% for invoices between 3,601 TL and 4,999.99 TL,
1.70 % for invoices between 5,000 TL and 9,999.99 TL,
1.54% for invoices between 10.000 TL and 49.999.99 TL,
1.44% for invoices between 50,000 TL and 99.999.99 TL,
1.02% for invoices between 100,000 TL and 499.999.99 TL,
0.84% for invoices between
Send us an email at support@figopara.com or give us a call at (216) 599 0022 if you would like more information.
A transaction fee is paid at the stage of accepting the offers/offers made by the financial institution or companies on Figopara.
It is possible to receive an offer for a single invoice during the transaction; offers for multiple invoices are also possible. In the interim, the Figopara Transaction Fee is levied when offers are accepted.
Yes, during the bid finalization phase on Figopara, regardless of the amount traded, a processing fee is required.
You can use both your debit/credit cards for transaction fees.
An invoice is mailed to your registered address or an e-invoice is sent to your email address for credit/debit card payments made to Figopara.
SME Finance
Supply Chain Finance
Figo Supply Chain Finance is a Supply Chain Finance technology product that helps suppliers collect their receivables early, while benefiting from the credit score of their buyers.
After uploading invoices to Supply Chain Finance, the buyer company can receive pre-approval, final approval, or both.
With Figopara, you can receive cash for your outstanding issued invoices immediately. At Figopara, you have the opportunity to get financing from different institutions at the same time, and you are supported at every step. To give a little more detail, Figo Supply Chain Finance brings together the buyer, supplier, and financial institution, which are the parties on the same platform. It provides the opportunity to perform processes such as notification/confirmation, invoice assignment, pricing, etc., much faster and through a single system; moreover, many financial institutions can send proposals for your invoices for which a discount request is created through Figopara, making the process easier to follow, and the Figopara team supports you at this time.