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Drive Finance

Financial Services

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Drive Finance

Overview

What is Drive Finance? • Drive is one of Egypt’s top three factoring companies, according to the FRA. Since receiving its license in 3Q12, Drive extends its services to a diversified client base, ranging from business-to-business (SMEs) to business-to-consumer (retail), with a focus on auto finance. • Since its establishment, it has taken remarkable strides in market presence and carved out a place for itself in the very competitive automotive financing sector. • The company has a well-developed portfolio, offers medium-term tenors, and focuses on risk diversification by finance product types, client base, and brands (as far as auto loans are concerned). • Drive is non-exclusive to GB Auto and offers a multitude of financial solutions for various SMEs and consumers. The company fully complies with all regulations and operates under the auspices of the FRA