KentFactoring increased its profits more than 100%
Due to the cautious policies, Kent Factoring’s revenue reached 316 million TL by the end of October 2015. Based on that figure, it is estimated that Kent Factoring will have an increase in its profits more than 100% compared to last year.
Kent Factoring, in accordance with its goal to be a leader in its sector, is providing services to its clients through its four branches, two located in Asian and European side of Istanbul, one in Ankara and one in Antalya. With new legal regulations put in to work by official authorities, factoring companies’ share in financial markets are increasing and they are becoming an alternative to banks.