Egypt Factors

What Egypt Factors does

Egypt Factors, officially The Egyptian Company for Factoring S.A.E., is Egypt's first licensed factoring company, established on November 14, 2006 under Financial Regulatory Authority (FRA) License No. 1/2007 and headquartered in the Nasr City Public Free Zone in Cairo. Since 2017 it has operated as a wholly-owned subsidiary of Malta-based FIMBank p.l.c., itself part of Kuwait's KIPCO Group, with paid-in capital of USD 25 million following a post-acquisition capital infusion from USD 15 million.

The company provides receivables financing and credit risk management to Egyptian corporations with annual turnover exceeding USD 10 million, across a tiered product stack covering Domestic Factoring, Export Factoring, Import Factoring, and Purchase Factoring, with variants including Secure Plus, Secure, Admin, and Admin-Plus. Underlying infrastructure relies on FCI (Factors Chain International) membership and its IFIS private network of 400 factoring companies in 90 countries, which underpins the company's cross-border correspondent relationships spanning approximately 60 export markets.

Egypt Factors monetizes through a transaction-based revenue model: commissions of 0.3%–2% on gross factored turnover depending on service tier, USD 15 per-invoice handling fees, USD 10–45 per-buyer annual account maintenance fees, interest income on financing of up to 90% of approved invoice value, and negotiated one-time setup fees. Distribution is entirely direct, with named relationship managers covering Credit & Marketing, Client Service, International Business, HR, and Finance functions, and the CEO (Ahmed Shaheen) personally engaged on enterprise relationships and complaint resolution.

Name

Egypt Factors

Legal name

The Egyptian Company for Factoring S.A.E.

Website

https://egyptfactors.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Egypt Factors is Egypt's first licensed factoring company, providing receivables financing, credit protection, and collections services to Egyptian corporations with turnover exceeding USD 10 million, operating as a wholly-owned subsidiary of FIMBank p.l.c. (KIPCO Group).

Ownership category

akta.pro rank

Product category

Commercial Factoring

NAICS

Credit Intermediation and Related Activities (522), Activities Related to Credit Intermediation (5223)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

akta.pro secondary industry

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)

Keywords

• Factoring services
• Receivables financing
• Export factoring
• Domestic factoring
• Trade credit management

Headquarters

HQ city

Nasr

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Factoring Commissions: Commission fees charged on gross turnover of factored receivables. Rates vary by service tier and risk profile: Export Factoring Admin (0.3%-0.5%), Export Factoring Admin-Plus (0.3%-0.8%), Export Factoring Secure/Secure-Plus (1.2%-2%).
2. Invoice Handling Charges: Handling charge of USD 15 per invoice or credit note processed.
3. Account Maintenance Fees: Annual account maintenance fees of USD 10-45 per buyer, covering credit checking and account management services.
4. Financing/Interest Income: Interest income from providing immediate financing of up to 90% of approved invoice value. Interest rates depend on market situation and currency.
5. Setup and Application Fees: One-time application fees and set-up costs for new client accounts (subject to negotiation).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Egypt Factors (The Egyptian Company for Factoring S.A.E.) provides factoring services to Egyptian corporations selling goods on credit terms, including domestic, export, import, and purchase factoring. The company advances up to 90% of approved invoice value, provides up to 100% credit risk protection against buyer default, and manages professional receivables collection in Egypt and 80+ countries through the FCI correspondent network.

Product overview

Egypt Factors operates as a single unified factoring service platform offering multiple product tiers. The core offering includes Domestic Factoring, Export Factoring, Import Factoring, and Purchase Factoring services. These are organized under two main platforms: Trade Receivables Management – Sales (covering export and domestic sales factoring) and Trade Receivables Management – Purchases (covering import and vendor financing). Within the Export Factoring platform, products are tiered as Secure Plus (full-service with funding), Secure (with bad debt protection), Admin (debtor management), and Admin-Plus (admin with financing). Domestic Factoring follows a similar tiered structure with Secure Plus, Secure, and Admin variants. The company also offers specialized Term Factoring for single larger transactions on extended payment terms. All services leverage the FCI global network of over 400 factoring companies in 90 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Domestic Factoring Factoring services for domestic sales in Egypt, providing financing up to 90% of approved invoice value and receivables collection to improve cash flow for Egyptian businesses selling to local buyers on credit terms.
• Export Factoring International factoring services for Egyptian exporters selling on credit terms to foreign buyers, offering financing, credit risk protection up to 100%, and receivables administration through correspondents in over 80 countries.
• Import Factoring Factoring services provided to Egyptian buyers on a case-by-case basis, available through correspondent factors via the FCI private network.
• Purchase Factoring Service designed to improve purchasing power against domestic or foreign suppliers by ensuring prompt payments to vendors, enabling early payment discounts and extended payment terms for larger buyers.
• Trade Receivables Management – Sales Comprehensive trade receivables management platform covering Export and Domestic Factoring with multiple service tiers including Secure Plus, Secure, Admin, and Admin-Plus packages.
• Trade Receivables Management – Purchases Purchase factoring services platform including Import and Domestic Factoring, Term Factoring, and Vendor-Finance Programme.
• Domestic Factoring Secure Plus Full-service domestic factoring with debtor management, bad debts protection, and funding for receivables.
• Domestic Factoring Secure Domestic factoring focused on secured basis with buyer payment guarantee and professional receivables collection.
• Domestic Factoring Admin Receivables management service for domestic sales including systematic reminder letters and dunning procedures.
• Export Factoring Secure Plus Full-service export factoring package including debtor management, bad debts protection, and funding up to 90% of invoice value.
• Export Factoring Secure Export factoring with bad debt protection up to 100% and professional debtor management, with legal collection costs borne by the factor.
• Export Factoring Admin Debtor management service for export receivables including systematic reminder letters and dunning procedures.
• Export Factoring Admin-Plus Combines debtor management and collection services with financing of receivables up to 90% of invoice value.
• Term Factoring Service designed for single larger transactions on extended payment terms.
• Import and Domestic Factoring Specialized service enabling purchases at competitive terms while satisfying export supplier's desire for security and funding.
• Vendor-Finance Programme Personalized service allowing larger buyers to purchase at favorable terms while enabling smaller business partners to receive early payments.

Quantifiable outcome

• Up to 90% of invoice value available immediately as financing
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• FCI (Factors Chain International)coreStrategic or Co-development PartnerEgypt Factors is a member of FCI, the world's largest association of independent factoring companies. FCI has 400 member companies across 90 countries, handling more than 80% of world's cross-border factoring volume. Provides global network for international factoring services and correspondent relationships.
• London Forfaiting Company LtdcoreStrategic or Co-development PartnerPart of FIMBank Group network. Provides forfaiting services alongside factoring. Contact offices in London, Singapore, Moscow, and representation in France and Germany.
• BrasilFactors S.A.minorStrategic or Co-development PartnerAssociated company of FIMBank Group in Brazil. Located in Sao Paulo, provides factoring services in Latin America's largest economy.
• India Factoring & Finance Solutions Private LimitedminorStrategic or Co-development PartnerFIMBank Group subsidiary in India. Located in Mumbai, Maharashtra, providing factoring and finance solutions in the Indian market.
• FCI Correspondent Factors NetworkcoreChannel Partner/ Reseller/ DistributorNetwork of correspondent factors in 80+ countries enabling international receivables collection, credit evaluation of foreign buyers, and import/export factoring services. Correspondent relationships enable professional collection following local laws and practices.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egypt Factors