Asset-based financing—often called Asset-Based Lending (ABL)—is one of the most practical, collateral-driven forms of commercial credit. In a traditional loan, lenders mainly assess a company’s overall balance sheet, projected cash flows, and credit profile. In ABL, the logic shifts: the facility is built around specific assets—typically receivables, inventory, machinery/equipment, and sometimes bank accounts/cash controls—and the […]
Foreign investors entering Turkey often focus on corporate set-up, tax, and regulatory licensing. Yet when it comes to financing—whether through bank debt, shareholder loans, private credit, or supply-chain funding—the most decisive issue is frequently collateral. In many sectors, the value of a Turkish operating company sits primarily in movable assets: machinery, equipment, inventory, receivables, and […]
In commercial finance, the lender’s primary concern is not whether the borrower can present an attractive business plan, but whether the lender can control downside risk if repayment fails. This is where security interests (teminat hakları) matter. In Turkey, security structures over commercial enterprises are shaped by a combination of classical civil-law concepts (pledge and […]