Figopara, which provides SMEs and businesses with fast, easy, and secure access to financing, has brought together loan products from various financial institutions on a single platform. Thanks to its partnership with three leading Turkish banks, Figopara users will be able to easily access İş Bankası’s invoice-free Spot Loan, Fibabanka’s Installment Commercial Loan, Invoiced Spot Loan, and TEB’s Revolving Loan, all through a digital and secure infrastructure.
Figopara, which provides SMEs and businesses with fast, easy, and secure access to financing through innovative solutions like Corporate Finance, SME Finance, and FigoSkor, continues to strengthen their finances by helping businesses manage their cash flow. By bringing together loan products from various financial institutions on a single platform, Figopara helps businesses manage financial uncertainty and maintain the sustainability of their operations.
Figopara, ushering in a new era in access to finance thanks to its strong partnerships with three leading Turkish banks, offers users Installment Commercial Loans, Spot Loans, and Revolving Loans with special interest rates all from a single screen, ensuring transparency, speed, and flexibility in accessing financing. This allows businesses of all sizes, and particularly SMEs, to quickly access the most suitable financing solutions. Figopara customers can easily access collateral-free Spot Loans from İş Bankası, Installment Commercial Loans and Invoice Spot Loans from Fibabanka, and Revolving Loans from TEB, all through a digital and secure infrastructure, to meet their urgent financing needs.
Fast and Flexible Spot Loan
As part of Figopara’s partnership with İş Bankası, businesses can easily meet their urgent financing needs with the invoice-free Spot Loan, offered exclusively to Figopara customers. Spot Loan, which streamlines businesses’ short-term cash flow and strengthens their finances, allows businesses to set loan terms weekly, monthly, or even daily, based on their digital credit limit. Because the interest rate determined at the time of disbursement remains the same until the end of the term, it offers SMEs a new cash flow option and the ability to access loans without invoice collateral. Furthermore, through Figopara’s partnership with Fibabanka, businesses can meet their urgent financing needs with the invoice-free Spot Loan, which they can apply for digitally from a single screen, without having to be a bank customer.
Installment Commercial Loans with Interest Rates Starting at 3.99%
In our partnership with Fibabanka, Figopara offers loans with interest rates starting at just 3.99%. Businesses can access loans up to 1 million TL quickly and easily through the Figopara platform, without having to visit a branch. Businesses that don’t have a Fibabanka account can create an account and start using their loans in just a few minutes using Fibabanka Corporate Mobile via Video Banking.
Revolving Loan
In a partnership with TEB to meet the flexible and short-term financing needs of businesses, Figopara customers can access a dynamic financing source through the Revolving Loan option. This flexible payment structure allows businesses to meet their daily cash flow needs. The loan term and interest rates are tailored to the business’s tenure. This type of loan stands out as a powerful solution for SMEs seeking flexible repayment options. Its ease of use allows for rapid deployment when needed, contributing to financial planning.
“We are ushering in a new era in access to credit.”
We have implemented numerous collaborations and innovations to provide solutions to the financing needs of businesses, with the goal of becoming a platform where businesses can meet all their financial needs.
Figopara Co-Founder and CEO Koray Bahar emphasized: “As a fintech company, we are ushering in a new era in access to credit by bringing together loan products offered by different financial institutions on a single platform with our transparent, fast, and reliable technological infrastructure. Figopara users can easily access all loan options based on their needs from a single platform. In this era of accelerating digitalization, we are maximizing flexibility and accessibility with this service that instantly responds to the financial needs of Figopara users.”
Access Multiple Financial Institutions from a Single Point
Bahar stated that while Figopara has previously offered services primarily in receivables financing, it now offers installment loans of up to 24 months with its Commercial Installment Loan. He added that two more banks will be added soon, bringing the total number of banks they will serve. Bahar said, “Our greatest advantage for SMEs and businesses is that we offer access to multiple financial institutions from a single point. Since launching the invoice-free Spot Loan with İş Bankası, and the invoice-paid Spot Loan and Commercial Installment Loan with Fibabanka, we have seen rapidly growing demand. Furthermore, we support the daily cash flow of businesses with the Revolving Loan we developed in collaboration with TEB.”
Bahar emphasized the importance of partnerships with leading Turkish banks like İş Bankası, TEB, and Fibabanka, saying, “We can offer our customers a wider range of financing solutions through a single platform. Currently, we manage a monthly transaction volume of 2.5 billion Turkish Lira, and we expect this figure to reach 6-7 billion Turkish Lira in the second quarter of the year.”
weekly, monthly, or even daily, based on their digital credit limit. Because the interest rate determined at the time of disbursement remains the same until the end of the term, it offers SMEs a new cash flow option and the ability to access loans without invoice collateral. Furthermore, through Figopara’s partnership with Fibabanka, businesses can meet their urgent financing needs with the invoice-free Spot Loan, which they can apply for digitally from a single screen, without having to be a bank customer.
Installment Commercial Loans with Interest Rates Starting at 3.99%
In our partnership with Fibabanka, Figopara offers loans with interest rates starting at just 3.99%. Businesses can access loans up to 1 million TL quickly and easily through the Figopara platform, without having to visit a branch. Businesses that don’t have a Fibabanka account can create an account and start using their loans in just a few minutes using Fibabanka Corporate Mobile via Video Banking.
Revolving Loan
In a partnership with TEB to meet the flexible and short-term financing needs of businesses, Figopara customers can access a dynamic financing source through the Revolving Loan option. This flexible payment structure allows businesses to meet their daily cash flow needs. The loan term and interest rates are tailored to the business’s tenure. This type of loan stands out as a powerful solution for SMEs seeking flexible repayment options. Its ease of use allows for rapid deployment when needed, contributing to financial planning.
“We are ushering in a new era in access to credit.”
We have implemented numerous collaborations and innovations to provide solutions to the financing needs of businesses, with the goal of becoming a platform where businesses can meet all their financial needs.
Figopara Co-Founder and CEO Koray Bahar emphasized: “As a fintech company, we are ushering in a new era in access to credit by bringing together loan products offered by different financial institutions on a single platform with our transparent, fast, and reliable technological infrastructure. Figopara users can easily access all loan options based on their needs from a single platform. In this era of accelerating digitalization, we are maximizing flexibility and accessibility with this service that instantly responds to the financial needs of Figopara users.”
Bahar stated that while Figopara has previously offered services primarily in receivables financing, it now offers installment loans of up to 24 months with its Commercial Installment Loan. He added that two more banks will be added soon, bringing the total number of banks they will serve. Bahar said, “Our greatest advantage for SMEs and businesses is that we offer access to multiple financial institutions from a single point. Since launching the invoice-free Spot Loan with İş Bankası, and the invoice-paid Spot Loan and Commercial Installment Loan with Fibabanka, we have seen rapidly growing demand. Furthermore, we support the daily cash flow of businesses with the Revolving Loan we developed in collaboration with TEB.”
Bahar emphasized the importance of partnerships with leading Turkish banks like İş Bankası, TEB, and Fibabanka, saying, “We can offer our customers a wider range of financing solutions through a single platform. Currently, we manage a monthly transaction volume of 2.5 billion Turkish Lira, and we expect this figure to reach 6-7 billion Turkish Lira in the second quarter of the year.”