Transparent and Fair
Pricing
No hidden costs. No surprises. See all costs clearly before your transaction.
Interest Rate
Determined by market conditions and maturity.
Platform Service Fee
Fixed or proportional fee based on transaction volume.
Legal Deductions
Legal taxes collected by the state (BSMV).
Example Cost Table
| Check Amount | Maturity | Estimated Deduction | Net Received |
|---|---|---|---|
| TRY 100,000 | 30 days | TRY 3,150 – TRY 6,300 | TRY 93,700 – TRY 96,850 |
| TRY 250,000 | 60 days | TRY 14,438 – TRY 27,563 | TRY 222,438 – TRY 235,563 |
| TRY 500,000 | 90 days | TRY 42,000 – TRY 78,750 | TRY 421,250 – TRY 458,000 |
| TRY 1,000,000 | 120 days | TRY 110,250 – TRY 204,750 | TRY 795,250 – TRY 889,750 |
Figures assume a monthly interest rate of 2.5%-4.5%, a platform service fee of 0.5%-1.5% and 5% BSMV on the sum of those two items. The lower bound uses the lowest rates, the upper bound the highest.
*Figures in the table are representative. They may vary according to current market conditions and your company's risk score.
How are check discounting rates determined?
Check discounting rates are not a fixed list; they are calculated for each check. Four main factors set the rate: the days remaining until maturity, the amount of the check, the payment record of the company that issued it, and the market interest level at the time of the transaction. A check maturing in 30 days is not subject to the same rate as one maturing in 120 days.
Different factoring companies may quote different rates for the same check, and that is the biggest source of price variation in the sector. Cekinpara collects offers from several licensed institutions with a single application so you can pick the most favourable rate. The table above shows representative lower and upper bounds for maturities of 30, 60, 90 and 120 days.
All your transactions are under state supervision and legal guarantee.
Çekinpara, finansal teknolojiler alanında en yüksek güvenlik standartlarını uygular. Verileriniz ve işlemleriniz yasal güvence altındadır.
BRSA Supervision
All financial institutions on our platform are licensed by the Banking Regulation and Supervision Agency.
Data Security
Your data is protected at international standards with ISO 27001 Information Security Management System certification.
Encrypted Communication
All data transfers are end-to-end encrypted with 256-bit SSL encryption technology.
Çekinpara, finansal kuruluşlarla işletmeler arasında köprü görevi gören bir teknoloji platformudur.