Discount Credit

It is a loan application that allows your company to convert commercial checks and bills that have arisen from commercial transactions and are not yet due. In short, it is the process of breaking a commercial check or bill. Companies that want to provide short-term financing can benefit from the said loan.

What are the advantages?

• Short-Term Financing: Short-term financing will be provided to your company by liquidating commercial papers that are not yet due.
• NContract Management: Your company will have a more regular cash flow.
• Tax Management: Especially at the end of the year, by discounting the forward-term checks and promissory notes, your company will gain a tax advantage since it pays its interest and taxes in advance.
• No Collateral or Mortgage Required: There is no need for a mortgage on both movable and immovable property in the Discount Credit.