The most fundamental principle of PLATON is to provide its corporate customers with a quality financial consultancy. Under the financial consultancy service, PLATON serves and guides its customers so that they can improve themselves in financial, strategic, and operational areas and attain their targets. The main services in those areas include preparing a status quo analysis, detecting potentials and strengths of companies, finding efficient solutions for financial predicaments, accurate financing of investments, seizing financial flexibility and power. PLATON offers financial consultancy services for numerous companies that operate in different sectors.
Business Finance
Working capital is required to provide continuance of activities. As long as activities continue, companies’ needs for business finance automatically change due to rises in business volumes, alterations in buying-selling and stock policies or technological changes. Working capital that is more or less than its adequate number might create opportunity costs as well as big risks.
– Determining working and/or investment capital needs
– Providing an optimum source of finance that fits needs
– Choosing the most suitable loan type through the optimisation of loan costs
– Creating a bargain and financing model for the working capital and establishing connections with financiers
– Enabling the entire credit allocation process to be managed exclusively and professionally
– Performing price research and analysis after the credit allocation
Investment and Project Finance
PLATON’s team of experts reviews investment projects of customers under numerous scenarios within the project financing consultancy service, determines risks that investments might encounter in various stages to support the risk measurement, and performs comprehensive studies on how to prevent those risks. The formation of investments in financial terms are analyzed systematically and analysis results are presented to customers in a format that they can be shared with creditor organizations and potential investors. While investments are analyzed thoroughly via analytic and dynamic financial models prepared, they are also tested with numerous scenarios within the model and worthiness of investments are measured with sensitive issues such as macroeconomic developments, cost increases, price alterations, and timeouts.
Consultancy for Project Finance
1. Forming the investment analysis and financing structure, preparing the information memorandum for creditors and investors
2. Sharing the investment with the appropriate organizations for the project and presenting it in detail
3. Investments are comprised of 3 main stages including managing the process with relevant organizations to provide the necessary finance.
Long-term investments of companies must be financed with long-term sources so that their balance sheet structure is not ruined. In this process, the feasibility of investments, their additional cash flow and their comeback are vital as much as the credibility of companies. The feasibility of investments must be certainly presented to financial institutions in detail and their cash flows compatible with the loan term. In project finance, on the other hand, what matters for the loan repayment is cash flow and profits that this project will create along with the company credibility. Rather than companies, project assets and loans with the expectation of forward-looking cash flow are regarded as guarantees in project finance.
In creating successful project finance, while company owners have relatively a less guarantee burden, creditors can reduce risks thanks to indemnities provided via different financial instruments.
– Reviewing the business plan and evaluating the project
– Making an estimated projection of project cash flows
– Calculating the total investment amount as well as optimum liability/equity ratio
– Delivering presentations for creditor organizations and tracking the project
Financial Analysis and Evaluation
PLATON’s financial analysis consultancy includes the stages of analyzing all the financial activities together with financial statements, reviewing their cause-effect relations, introducing and evaluating financial positions of companies.
Efficient finance management has critical importance so that companies can work with full capacity and continue producing non-stop, business volumes to boost, risks of failing to pay debts to be reduced, the creditworthiness of companies to be increased, getting into difficult positions in extraordinary transition periods to be avoided, and activities to be maintained profitably and efficiently.
– Evaluating financial data for the last three years and interim periods in financial analysis format for banks
– Performing optimization of financial statements on balance sheet items that are detected in companies and have differences
– Making comparisons with sectoral balance sheet data by TCMB (The Central Bank of the Republic of Turkey), analyzing sectoral averages, detecting and arranging differences
– Creating ratio analysis statements
– Determining net working capitals, active, passive and equity positions of companies
– Detecting turnovers of stocks and credit-debit payments, analyzing the items causing the working capital deficit, and reducing the working capital deficit
– Analyzing EBITDA (Earnings Before Interests, Taxes, Depreciation, and Amortization) to be used in determining the company valuation and calculating the company value
– Performing general analysis of the loans utilized and optimizing their price, maturity, and interest rates
Restructuring
Comprehensive services are offered for customers to evaluate their restructuring alternatives, implement the rightest plan, develop corporate financing activities, and reach their strategic targets.
– Setting targets such as primary cash flow for the continuity of companies, making a plan for short-term payments, reducing costs, and establishing a long-term and solid relations
– Determining financial and operational actions and methods, creating models and business plans, performing asset valuation, searching sources, offering alternative solutions for productivity analysis and financial problems
– Planning financial liabilities according to the new business plan, negotiating with banks and other financial institutions on financial liabilities
– Finalizing the negotiations on financial liabilities, organizing bank credit limits
– Tracking operational and strategic changes/developments according to the new business plan
Alternative Sources of Finance
Improving market conditions and financial instruments provide companies with a wide range of opportunities during the process of meeting financing needs. Along with the conventional financing techniques, using those elements have today great significance for companies due to their diversity as well as cost advantages and risk management.
– Initiating any kind of transactions on leasing, preparing and submitting application files, forming a bargain and financing model
– Initiating any kind of transactions on factoring, preparing and submitting application files, forming a bargain and financing model
– Initiating transactions on forfaiting, preparing and submitting application files, forming a bargain and financing model
Government Supports and Incentives
The necessity of the incentives that are granted for companies today is no longer an issue of discussion. It has become applicable by all the developed and developing countries in different ratios and methods. Incentive policies in Turkey greatly contribute to the growth of government supports and the private sector under the incentive practices. Entrepreneurs have gained an important role in the developed countries and the global market in recent years upon the development of the information economy. Consequently, incentives and new strategies for companies have started to be implemented across the world.
As PLATON, we review common and particularly finance-related problems of companies operating in numerous sectors in Turkey as well as government incentives for companies and thus offer solutions via:
– KOSGEB (Small and Medium Enterprises Development Organization) Supports (Grants / Loans)
– R&D and Innovation Support Programme
– Supports by the Ministry of Economy
– TUBITAK (The Scientific and Technological Research Council of Turkey) Supports
– Teknokent Supports
– Investment Incentive Certificates
– Development Agency Supports
