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Types of Factoring

1- Export Factoring

ECGE provides export factoring service which is a package of financial services including finance, protection and collection through the purchase of export sales invoices without recourse.

 

2- Import Factoring

ECGE offers “Import Factoring” service including issuing guarantees on Egyptian importers to the export factor, in order to facilitate importation from foreign suppliers through open account transactions without cash collateral or bank guarantees.

 

3- Domestic Factoring

ECGE offers its Domestic Factoring Service to provide clients with a complete service package including:

  • Protection against non payment of buyers
  • Collection of receivables
  • Financing of receivables for Domestic Sales

This contributes to business development and growth in sales in the local market through liquidating domestic receivables into cash on insured buyers.

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