Contact Financial Holding, a non-banking financial services company, signs a cooperation agreement with Estadat Sports investment, to finance City Club memberships as well as grant City Club members benefits and services that Contact provides with a competitive interest rate.
“Signing this agreement is only the beginning of supporting clubs’ goers and exploring new horizons for various financing services, within the framework of the company’s goals as part of its plan to provide non-banking financial services to individuals. Contact’s services will enable the club members to manage their financial resources with ease by paying the club membership fees in installments, as well as giving them the opportunity to enjoy the various financing benefits that Contact offers to all its current and prospective clients in all fields,” Said Zater, CEO of Contact Financial Holding, said.
Contact provides many financial services, including car and truck finance, consumer finance, finishing finance, mortgage finance, and insurance brokerage, in addition to leasing and factoring. Contact recently partnered with Trella to finance its working capital needs and support its regional expansion.
“This cooperation would contribute effectively to meeting the desires of citizens to join the family of City Club members across Egypt with facilities that allow them to benefit from the activities and services provided in the clubs, with facilities in payment methods and in a manner that does not add huge additional burdens to the budget of those wishing to join. As the company is keen to increase its investment share and enhance its presence in the sports field in the MENA region. Estadat currently has 6 operating branches,” Seif El Wazery, CEO & Chairman of Estadat, said.
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