Egypt factors’ factoring solutions are designed to help both suppliers as well as buyers in their domestic or international trade. Our typical client is a small or mid size business that is growing but has cash flow constraints. Our prospective clients usually sell their products or services to medium sized and large corporations on a cash basis or short payment terms, and are required by their customers to extend the payment facilities by 30, 60, 90 or even 120 days, which most companies can’t afford to grant.
On the other hand, our clients may have large purchase orders that cannot be fulfilled due to lack of funds, and accordingly they need immediate funding so as not to waste the business opportunity or to let go of a customer.
If you are a growing company generating at least EGP 60 million (USD 7.5 million) of annual sales or monthly turnover of EGP 5 million (USD 625k) in the form of commercial receivables, we are glad to tell you that Egypt factors can be your business partner.
Do you may find any of the points below true for you?
• You always hope that your customers will pay soon.
• You will be able to pay your suppliers promptly if your customers paid on time.
• You have huge purchase orders from big client that can’t be fulfilled.
• You have a hard time to manage enough funds for payroll.
• You need to extend your payment terms in order to introduce new client to your portfolio.
If you find some or all of these statements matching your needs and position, you are lucky to be here on Egypt Factors website, where there is a very good opportunity that we may be able to help you. To learn more about the different types of factoring (click here). While if you want to test your suitability to factoring please fill in the instant quote application (click here). If you need more information about factoring please (click here)