Şişecam's Digital Financing Model Wins "Best Deal" Award at GTR Awards 2025

Şişecam has been recognized with the "Best Transaction" award at GTR Awards 2025, a prestigious international finance organization, for its innovative Working Capital Note (WCN) model developed in the field of digital trade finance. The transaction executed by the company represents the world's first Working Capital Note application structured and financed in digital negotiable instrument (DNI) format.

Şişecam, operating in the glass and chemicals sectors, achieved significant international recognition with a financing model developed to address varying payment terms and working capital needs across multinational supply chains.

First Step of USD 250 Million Global Program Launched
Under the global program targeting a total size of USD 250 million, the first transaction was financed by İş Bankası UK with an initial tranche of USD 500,000.

The system, developed using Faturalab platform and ETR Digital's Flownote™ technology, was deployed within just 10 business days.

Digital Financing Model Enhances Operational Efficiency
The financing model, which enables rapid and secure creation of digital policies, supports operational efficiency by integrating with existing payment processes.

The system also allows more effective utilization of working capital assets between trade finance and capital markets, creating a more flexible financing structure for companies.

Strengthens Supply Chain Liquidity
The new financing model enables early payment of supplier invoices while allowing the company to manage payment terms more effectively. In addition to supporting balance sheet management, it contributes to strengthening liquidity across the supply chain.

Şişecam's innovative model in digital trade finance is expected to serve as a reference in international supply chain financing practices and promote the adoption of financial technologies.