Financial Leasing
EFG Corp-Solutions is a leading company in the financial leasing sector, operating under Law No. 176 of 2018, which regulates financial leasing and factoring activities. The company is licensed by the Financial Regulatory Authority under number (282) to conduct financial leasing activities. EFG Corp-Solutions offers a diverse range of financial leasing services to a wide range of investors across various sectors. The company's team possesses extensive expertise in all market sectors, positively impacting the planned operations of all clients. Financial leasing is one of the most important non-banking financial activities that contributes to economic growth in the Egyptian market by providing investment and financing opportunities for all companies operating in the Egyptian market. It is also a source of medium and long-term financing for projects undertaken under a contractual agreement between the lessor (the financial leasing company) and the lessee (the company's client). This agreement grants the lessor the right to possess and use the leased asset for a specified period in exchange for periodic lease payments determined and agreed upon in the financial lease contract. The lessee has the right to purchase all or part of the leased asset at the end of the lease contract term in accordance with the provisions of Law No. 176 of 2018. Financial lease contracts are most suitable for assets that the lessee intends to own in the long term, such as real estate, vehicles, machinery, and equipment.
Our Services
We are specialists in providing financial and operating leasing solutions for businesses of all sizes, offering long-term, expert advisory. We're a force multiplier, allowing you to call on our decades of experience across industries and geographies to deploy your capital where it will make the biggest difference to your business plans.
Direct Financial Lease
Involves purchasing a specific asset for the lessee through a specific supplier of their choice. In returns the lessee pays the agreed-upon lease payments in the contract signed between them and EFG Corp-Solutions. At the end of the contract term, the lessee notifies EFG Corp-Solutions of their desire to own the asset or not.
Sale and Leaseback
Involves EFG Corp-Solutions purchasing the asset from the client and leasing it back to them as a lessee. The client retains possession and benefits from the asset throughout the lease contract term in exchange for paying the lease payments specified in the contract. This type of financial leasing product enables the lessee to use the proceeds from the sale of the asset to finance their working capital, capital investments, or pay off debts, in accordance with the regulatory decrees issued by the Financial Regulatory Authority.
Financial Lease
Think of financial leases as a fixed-term loan that allows you to buy a capital asset and pay for it on installments. In practical terms, we purchase and own the asset and lease it to you for a set period of time, generally a medium-to-long-term period. At the end of the period, you'll either own the asset or have the option to buy it for a value of EGP 1. Financial leases — sometimes called “Capital Leasing” — is best suited to assets you want to own for the long-term: Real estate, for example, or handling machinery. At the end of the contract, the outcome is usually an asset on your balance sheet with a book value of EGP 1.
Operating Lease
Operating leases are for the cases in which you need an asset today – and want to replace it before it becomes obsolete. Think of it as something more like a regular car rental you use the asset for a period of time, and have the right to return the vehicle to us when your lease term is up and get a replacement. An operating lease doesn’t create an asset on your books at the end of lease tenor.
Financing decisions' time that are half
the industry norm
We Finance
- Technology systems (servers, software, licenses, and various user terminals)
- All types of vehicles, including all fleet purposes, passenger and commercial vehicles, heavy trucks and more
- All kinds of equipment, from medical equipment including diagnostics suites, full lab setups and hospital equipment, to solar, office, cars manufacturing, industrial equipment and more
- Plant & Machinery (handling and heavy equipment, rigs, cranes, forklifts, generators and more)
- Real Estate and Projects Finance
Equipment and turnkey solutions for
- Building owners and small developers
- Communications
- Construction
- Energy systems, including renewable energy, RDF, waste heat recovery systems and other small captive power sources
- Industrial equipment for manufacturers of all sizes
- Machine tool systems
- Waste management