Egypt Factors is the first licensed Egyptian company specialized in factoring services. It was established on November 14th, 2006 under companies’ registration no. 21145 as a joint stock company equipped with a paid-in capital of USD 15 million .
Egypt Factors is a company that will respond and adapt to its client needs. The cornerstone of its success is providing a first class accounts receivable management service based on underlying commercial trade transactions, which will strongly support suppliers to meet their buyers’ expectations.
Classified as a non-banking financial institution, Egypt Factors is under the supervision and the control of the Egyptian Financial Supervisory Authority (EFSA), which is the primary governmental authority concerned with regulating and facilitating the non banking financial sectors in Egypt.