Leasing can be described as gaining the right of use of any property for a temporary period of time without having its ownership. In other words it is a tool of financing which can be described as granting the right of usage of an investment good, the ownership of which is held by financial leasing company, to the buyer in exchange for the leasing fee designated before and giving the ownership to the user at the end of the agreement as per the purchasing option.
With the approval of the new Leasing Act, the diversity of the leasing market is expected to increase. This situation is regarded as a development that will have an effect on positive growth.
Factoring is a financial activity which is based on financial organizations’ called ‘factor’ or ‘factoring company’, purchasing the claims of companies which make so much sale on credit. A factor undertakes several duties related with the credit sales made by the seller company such as keeping accounts, receiving the amounts receivable of the credited sales in a timely manner and tracking the process, compensating all damages if the receivables could not be received, lending credit to the seller company over the rate of selling amount, gathering information about the existing and potential customers and making market survey in order to increase sale opportunities.
Factoring companies are in a more stable growth than leasing companies and play an important role in the financial sector. The new sector law, which entered into force in December 2012, is expected to affect Factoring positively as it is in Leasing. Factoring has a significant profit share in 2013 targets and is expected to grow between 15% and 20%.
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GURELI provides the below basic services as the solution partners of its costumers:
· Independent External Auditing,
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· Due Diligence,
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