DUN'S 100 - 2016

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Financial Services
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2016 | DUN’S 100 DUN’S 100 | 2016
DUN’S 100 | 2016 2016 | DUN’S 100
Services 67 5 Credit Cards
RANK
Gama Management & Clearing Ltd.
G ama is Israel’s largest company for credit
card financial and factoring services, as
well asmanagement and financing of re-
ceivables, invoices, and notes (49% of the com-
pany’s shares are held by the Phoenix Group).
Gama serves thousands of businesses, leading
companies, and marketing chains, found in all
sectors of the Israeli economy. The volume of credit
services that it provides exceeds NIS19 billion per
annum. The company specializes in the optimiza-
tion and processing of various credit products, and
their tailoring to the unique financial needs of com-
panies andmerchants. By using Gama’s services,
and by drawing on additional credits, a company
can improve its capital structure or write-off its
uncollectible receivables from the balance sheet,
thus increasing its financing sources, matched by
full control over credit charges and costs. The com-
pany specializes in providing services to Israel’s
largest companies, leadingmarketing chains, and
bothmidsize and small businesses. Gama, which
started operations in 1998, benefits froma strong
equity base and the best professionals in the field,
affording it the strength to offer its financial ser-
vices at the highest level possible with themost at-
tractive financing costs for the long term. All these
factors have contributed tomaking Gama the larg-
est and leading Israeli company in its field.
Services Available
• Managing, financing and clearing credit vouch-
ers of all credit companies in Israel, up to 36
payments • Factoring services to early-collect
on companies and merchants’ invoices • Work-
ing capital credits, and an expansion of compa-
nies’ and merchants’ businesses • Optimizing
and diversifying sources of merchant financing
•Managing, financing and discounting of checks,
receivables, and notes • Direct and automatic
processing to bookkeeping software programs,
including accounting entries for the merchants’
financial turnover • Clearing Services, Manage-
ment and Financing of Credit • Insurance Services
• Import Financing.
Card Voucher Services
Gama provides credit voucher management, fi-
nancing and clearance services, and offers im-
mediate payment of credit card deferred payment
transactions, with tracks of up to 36 payments.
Businesses can therefore reap the benefits of sig-
nificant improvements in their cash flows, with full
control and supervision over credit card charges
and credits. The company offers its clients innova-
tive systems in the field of credit card financing,
enabling companies and merchants to establish
their own parameters for the financing services
which the company can offer, according to their
own financial requirements, and to automatically
make any credit card adjustments in the interface,
including accounting entries directly to the busi-
ness’s bookkeeping software programs. Gama’s
unique systems empower its customer base with
great advantages in the marketplace, and makes
credit card control and supervision simpler and
more convenient. When a company uses Gama for
its credit card financial services, it receives daily
credit card transaction reconciliations directly to
its bookkeeping and operations systems, thereby
avoiding any reconciliation problems. In addition,
Gama enables merchants and public companies
towrite-off various receivables/customer balances
from their balance sheets, including according to
International Financial Reporting Standards.
Factoring Services and Invoice Financing
• Purchasing commercial receivables and convert-
ing them from future receivables to immediate
cash • Non-recourse financing advances of 70%
to 80%, except for commercial defaults. • Factor-
ing advantages - broadening financing sources;
improving working capital through balance sheet
receivable write-offs, reducing company debtor
credit risks, borrowings management, debtors’
financial stability tests, and credit without any col-
lateral • And above all - because of Gama’smarket
size - obtaining the best andmost attractive credit
terms available.
Import Financing
Many businesses are engaged in the import of
Commodities from various countries around the
world. Often importers are required to pay suppli-
ers in cash or by wire transfers when purchasing
these commodities. Many suppliers experience
difficulties withmeeting the terms of payment put
to them by foreign suppliers. Since it is often a
heavy financial burden, they look for sources that
can help them cope with the terms of payment.
Service Benefits:
• Extension of credit days - Gamma extends credit
for up to 150 days, from the date of invoice in re-
spect of goods to the importer, and is based on the
repayment capabilities of the importer.
• Cash Payment - as a result of this settlement
the importer could provide cash payment to the
supplier without getting into financial distress,
which will affect his credit and indebtedness of
the business.
• Fast approval - the provision of financing and
payment before the required documents.
A Commitment to Excellence
Gama, its managers, and employees consider
their clients to be central to company operations,
and are committed to offering the best service
possible, while capitalizing on its economies of
scale, its strong equity base and the volume of its
financial activities.
Technological Innovations
Gama draws on its exclusive and innovative IT,
software, and control systems. The company
provides merchants and companies with online
information vis-à-vis transactions, transmission
dates, payment dates, and bank account depos-
its. Gama’s Internet site is updated online, im-
mediately displaying information on the client’s
position around the clock, allowing for control,
management, and follow-up on all transactions
executed. Through the Gama site, the client can
analyze costs and transaction volumes by payment
spread and date of bank deposits.
Dependable Management
The expertise, professionalism and experience of
Gama’smanagers, who have served in senior posi-
tions in banks, and financial and capital markets,
have combined to make Gama into Israel’s larg-
est and leading company in its fields. Today, the
company employs 90 managers and employees,
with representatives located nationwide, to recruit
clients and provide service.
Esta b l i s h e d
1998
L i n e o f B u s i n ess
Credit Card Voucher Financing, Management
and Clearance, Factoring Services, Receivables,
Notes Management and Discounting, Insurance
Services, Import Financing
l e a d i n g e x ecu t i v es
Ariel Genut CEO
Yaron Soifer V.P. Marketing and Sales
Vita Towers, 11 Ben Gurion St.,
Bnei Braq 5126015
Tel: 972-3-6162939
Fax: 972-3-6162940
Eli Unger
Chairman