Egypt’s Contact factoring provides £5.3m to food supplier


Contact Factoring, a Subsidiary of Contact Financial Holding one of the leading non-banking financial services company in Egypt, signed a finance agreement worth 125m Egyptian pounds (£5.3m) with OneOrder, an online one-stop shop that provides food supplies to hotels, restaurants and cafes.

The agreement comes as part of a series of partnerships that Contact is keen to complete within the framework of its expansion plan, which aims to provide a wide range of integrated financial solutions to Egypt’s businesses.



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