When a company in Turkey seeks financing—whether from banks, private lenders, or investors—security over the company’s assets often becomes a central negotiation point. For creditors, a pledge is a way to reduce credit risk, improve recovery prospects, and strengthen bargaining power in distress. For companies, asset-based security can unlock funding, improve pricing, and make transactions […]
Secured transactions are central to commercial lending. Banks, investors, and trade creditors typically extend credit only when they can manage risk through enforceable security interests. In Turkey, one traditional security device used in business finance is the commercial enterprise pledge (commonly discussed in practice under the umbrella of “ticari işletme rehni”). The underlying logic is […]