As a long-used financing tool, factoring does not have a single, generally accepted definition. The most important feature in its definition is the use of factoring as a general term that refers to multi-faceted financing services, and the diversification of those services according to the conditions in the market --> [...]
 
Factoring sector, having started to take its niche in the Turkish financial system in the beginning of 1990s, and attained its first legal arrangement in 1994, has gained dynamism and shown a rapid growth during the last five years by establishment of new companies --> [...]
 
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