Factoring is a way to finance exports very similar to selling accounts
receivable. This type of financing offers Egyptian export companies,
the possibility of transferring their accounts receivable to a
factoring company in return for the payment of a commission
corresponding to the payment conditions and to the risk of insolvency.
The factor will then become the owner of the debt and is responsible
for its recovery and the risk involved.
Banque Misr through its Euromisr Export System
offer, provides Egyptian exporters with a competitive tool:
Modern and well adapted financing solutions,
Payment conditions in line with Egyptian practices,
Guarantees against default.
Banque Misr Paris participates in the development of international
trade between Egypt, Europe and France, with the help of specialists
who enjoy a solid reputation and who are able to handle all situations
requiring an extensive knowledge of the local economy and total
Our experience in the forfaiting field can alleviate treasury pressure
on Export Companies, whatever their size or their sector of activity.