PHOTO
ArabFinance: Finlease obtained a medium-term loan worth EGP 200 million from Banque Misr, according to a recent press release.
The loan will be allocated for financing financial leasing contracts with tenants for a period ranging between 3-7 years.
The financing aims to support the companys expansion plan in business and activities, as the company has recently joined the field of financial leasing.
Finlease is a startup in the Egyptian leasing market as of 2019. The company provides leasing products and services all tailored to meet corporate capital expenditure needs for a wide variety of assets, which includes commercial and administrative real estate, equipment financing, plant and machinery, transportation assets, systems & IT, office equipment and fleet management.
Copyright 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).