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Egypt Factors is the first licensed Egyptian company specializing in factoring services. It has been established on November 14th, 2006, under company registration no. 21145 as a joint stock company equipped with a paid-in capital of USD 25 million.
Over the years, Egypt Factors has established a reputation as a company that is extremely responsive to clients’ individual requirements. The cornerstone of the company’s success has been the provision of a quality accounts receivable management service with together tailor-made finance based on underlying commercial trade transactions, and thereby supporting suppliers in meeting their buyers’ expectations.
Classified as a non-bank financial institution, Egypt Factors falls under the supervision and control of the Financial Regulatory Authority (FRA), which is the primary governmental authority concerned with regulating and facilitating the non-bank financial sector in Egypt.