Discount-Redemption Loans

Destekbank Cash Loan Options

Flexible and fast solutions for your company from Destekbank

Discount/Discounting Credits are suitable for companies that want to convert their highly collectible post-dated checks or promissory notes arising from their commercial relations into cash before maturity and add them to their working capital.


Interest is calculated according to the maturity of your receivables. In credit utilization, the interest calculated on the commercial paper amount and the remaining amount after deducting legal taxes and deductions are paid in cash.

Details

Provide financial flexibility

Evaluate your capital and increase your working capital by discounting checks/ promissory notes.

Convenience with assignment endorsement

Sell the Check/Note to the Bank, provide instant liquidity through discounting.

Earn with discounting

Destekbank has financial power with Discount-Discounting Loans.

Frequently Asked Questions

Discount participation loans are financial instruments used to pre-cash trade receivables (for example, future payments from customers). Businesses transfer their receivables that are not yet due to the bank and receive immediate cash payments in exchange for these receivables. The bank, on the other hand, receives the loan amount back by collecting the payments to be received at maturity.

Regulating Cash Flow : Businesses can organize their cash flow by converting future payments into cash today.

 

Fast Financing: Businesses can obtain financing quickly and easily, especially when they need liquidity.

 

Risk Mitigation: By transferring the risk of collection of receivables to the bank, businesses can reduce the risk of delay or non-collection of receivables.

SMEs: Small and Medium-Sized Enterprises (SMEs) can use discount participation loans to regulate their cash flows and meet their financial needs.

 

Retail Sector: Retail businesses can use it to finance stock replenishment or operating costs by converting receivables from customers into immediate cash.

 

Supply Chain Businesses: Suppliers can optimize their supply chain processes by collecting their receivables in advance.

 

Sales Driven Companies: Companies can grow their business by quickly converting anticipated payments for major projects or customer contracts into cash.

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