Lider Factoring

Lider Faktoring A.S. is a factoring company founded in 1992 and headquartered in Sariyer, Istanbul. Its shares have traded on Borsa Istanbul under the ticker LIDFA since 2014.

Factoring is a financial service that provides businesses with upfront financing by taking over receivables with future due dates arising from their sales of goods and services. The company offers domestic factoring to businesses and international factoring to exporters; tracking receivables and managing collection processes are also part of this service. The group includes Denge Varlik Yonetim A.S., an affiliate dealing with the management of non-performing receivables.

For factoring companies, the interest rate environment and funding costs, the collectability of trade receivables, changes in the non-performing receivables ratio and regulations affecting the sector are followed. The LIDFA stock page on Lzzo.com includes a price chart, technical indicators and a section for comparison with similar companies in the financial sector. Factoring companies operate under license within the legislation that regulates the sector.