Beltone Leasing and Factoring Inks EGP 400 Million Take care of Madkour Group

Beltone Holding, by means of its subsidiary Beltone Leasing and Factoring, has signed a major settlement with Madkour Group value EGP 400 million, the corporate introduced on Monday. The deal features a gross sales and leaseback association for Madkour’s administrative unit belongings in New Cairo’s “Zizinia” challenge, valued at EGP 300 million, in addition to EGP 100 million in factoring to help the group’s working capital and development throughout Egypt.

The settlement is seen as a strategic transfer to strengthen Madkour Group’s monetary place and supply them with the sources essential to pursue additional enlargement. This deal displays Beltone’s dedication to providing monetary options that empower companies to develop.

“This partnership underscores our strategic strategy to delivering personalized monetary options,” mentioned Amir Ghannam, CEO of Beltone Leasing and Factoring.

Dr. Mostafa Madkour, Chairman and CEO of Madkour Group, welcomed the partnership. “This can be a vital step ahead for Madkour Group, strengthening our monetary place and enabling us to pursue new development plans in varied markets,” Madkour mentioned.

Beltone Leasing and Factoring has established itself because the fastest-growing participant in Egypt’s monetary leasing and factoring market, finishing quite a few offers throughout industries resembling healthcare, training, actual property, logistics, and manufacturing. The corporate has a paid-up capital of EGP 1 billion, positioning it as the biggest monetary leasing entity in Egypt.

With a powerful market presence and a confirmed observe file of delivering monetary options to firms throughout key sectors, Beltone’s newest take care of Madkour Group reinforces its function in supporting enterprise enlargement and growth throughout the nation.

Beltone Leasing and Factoring is subsidiary of Beltone Holding, a significant monetary companies supplier within the Center East and North Africa, and focuses on offering revolutionary monetary options to firms in sectors resembling actual property, logistics, healthcare, and training. It has a number one place in Egypt’s monetary market.