Beltone Leasing and Factoring, Cairo Leasing Corporation, and Easy Lease signs a club deal agreement

Beltone Leasing and Factoring, Cairo Leasing Corporation, and Easy Lease signs a club deal agreement

Cairo: Beltone Financial Holding ("Beltone") one of the fastest growing financial institutions, announces that its wholly owned subsidiary Beltone Leasing and Factoring has signed a club deal agreement with Cairo Leasing Corporation and Easy Lease to finance Egyptians for Healthcare Services ("EHCS") through a sale and leaseback worth EGP600 million.

Cairo Leasing Corporation invited Beltone Leasing and Factoring and Easy Lease to collaborate on this transaction with the aim of financing the remaining costs associated with the development of EHCS’s service center building and its land, which will enable EHCS to unlock value of its real estate assets while retaining operational control and benefiting from the facilities.

Amir Ghannam, CEO of Beltone Leasing and Factoring, commented: "We are proud to partner with EHCS, a leader in the healthcare sector, and provide the necessary financing solutions to enable the company’s expansion plans. This collaboration reinforces our position as a trusted provider of innovative financing options and underscores our dedication to driving economic progress in Egypt. The signing of this club deal agreement with Cairo Leasing Corporation and Easy Lease is a testament to Beltone Leasing and Factoring's commitment to supporting the growth and development of prominent organizations in Egypt".

Ahmed Sherif, CEO and Managing