Introduction to Factoring

Factoring is a non-banking financial instrument that provides working capital and accelerates its cycle. It is a tailor-made package of services designed to secure receivables collection and improve cash flow, offering a competitive edge both locally and internationally. Factoring involves the purchase by a factoring company of present and future financial rights resulting from the sale of goods or services, in addition to related services for managing those rights. In collaboration with EBI, this comprehensive workshop aims to enrich participants’ knowledge and skills in factoring. It includes an overview of the Egyptian market, competition, and future prospects. Participants will cover the definition, benefits, operations, sales and marketing, as well as risk management and legal considerations in factoring. This training is essential for developing a world-class factoring team within financial institutions