Collaborative Workplace Financing

Our "Collaborative Workplace Financing" product is an installment-based commercial financing solution designed for our customers who wish to own a workplace for investment purposes but are unable to purchase one individually.

By utilizing individual financing proportional to the requested title deed share, our customers can purchase the workplace with a joint title deed and make their financing payments according to their respective shares. Collaborative Workplace Financing covers the acquisition of commercial real estate properties such as shops, offices, business centers, warehouses, etc.

Account Features

•  Collaborative Workplace Financing is provided to our individual customers within the scope of Installment Commercial Financing (TTK).
•  Transactions within the scope of this financing are exempt from the Resource Utilization Support Fund (KKDF), in accordance with the Communiqué on the Resource Utilization Support Fund regarding Decree No. 88/12944 dated May 2, 1988 (Serial No: 6).
•  Customers may utilize financing in Turkish Lira (TRY).
•  Collaborative Workplace Financing can be granted to a minimum of two and a maximum of five partners.
•  The maximum maturity for this product is 60 months.
•  Financing of up to 75% of the appraised value of the workplace to be purchased can be provided. This ratio may vary based on allocation criteria.
•  Individual financing is granted to each customer based on their requested title deed share.
•  Customers become shareholders in proportion to the financing utilized and the down payment amounts provided.
•  A cross-guarantee relationship (risk group) is established, with customers acting as guarantors for each other’s debt.
•  A mortgage is established on the workplace subject to the financing.
•  Additional collateral may be requested if deemed necessary.

Required Documents and Agreements

Each customer utilizing our Collaborative Workplace Financing product is required to sign a General Loan Agreement (GKS).

Additionally, the documents that may be requested by our Bank are as follows:

•  Application form, national ID card, driver's license, or passport.
•  Income statement based on employment status.
•  For self-employed professionals, a membership certificate from their respective professional organization.
•  For individuals who are partners in a legal entity, the Trade Registry Gazette(s) publishing the articles of association of the company they are a partner in.
•  Title deed of the workplace intended for purchase.
•  Other documents that may be requested by our Bank.
• Agreements required for Collaborative Workplace Financing:
•  General Loan Agreement (GKS)
•  Insurance Information and Request Form
•  Release Document (İbraname)
•  Collateral Information Form

You can complete your Collaborative Workplace Financing applications through all of our branches.