Beltone Leasing and Factoring, a subsidiary of Egypt-based Beltone Holding, has secured $20 million in financing to advance support for micro, small, and medium enterprises (MSMEs) as well as environmentally sustainable projects across the MENA region. The funding, evenly split between the SANAD Fund for MSME and the Green for Growth Fund (GGF), carries a five-year repayment term. This move strengthens Beltone’s strategy of promoting financial inclusion and sustainable investment as part of Egypt’s broader Vision 2030 agenda.
Supporting Economic Empowerment Across MENA
The portion of funding from the SANAD Fund will be allocated to empower MSMEs and low-income households throughout the MENA region. The goal is to create accessible financial solutions for underserved communities, a move that reflects Beltone’s ongoing commitment to inclusive economic development. These efforts are especially crucial in emerging economies, where MSMEs are often the backbone of job creation and innovation, yet face significant barriers to accessing finance.
Accelerating Green Finance and Sustainability Goals
Meanwhile, the GGF’s share of the funding will be directed toward projects focused on renewable energy, energy efficiency, and the sustainable use of natural resources. With climate change and environmental degradation continuing to pose significant challenges in the region, this investment positions Beltone Leasing as a key player in the green transition. The company aims to stimulate private sector participation in environmental stewardship, aligning financial services with long-term ecological resilience.
A Vote of Confidence from Global Impact Investors
The two contributing funds, SANAD and GGF, are managed by Germany-based Finance in Motion, a firm known for facilitating investments that drive development and sustainability in emerging markets. Both funds work closely with development finance institutions, private investors, and national governments to provide capital with a measurable impact. The partnership with Beltone underscores the growing recognition of Egypt’s non-bank financial sector as a vital conduit for achieving regional development goals.
Enhancing Competitive Advantage and Capital Diversity
Amir Ghannam, Deputy Head of Non-Bank Financial Institutions (NBFIs) for Leasing, Factoring, and Consumer Finance at Beltone, emphasized the strategic value of the transaction. He noted that accessing foreign currency funding through institutions like SANAD and GGF allows Beltone Leasing to diversify its capital base and offer more attractive financing terms to its clients. This ability to tap into international funding sources strengthens the company’s positioning in a competitive financial market while enhancing its developmental impact.
Alignment with National and Regional Agendas
This funding round is not only a financial milestone but also a strategic alignment with Egypt’s Vision 2030, a national agenda focused on sustainable economic growth and social equity. By investing in MSMEs and environmental initiatives, Beltone contributes to both pillars of this vision—economic empowerment and environmental sustainability. The transaction also demonstrates how non-bank financial institutions can play a leading role in driving national development objectives.
Beltone Leasing’s $20 million loan agreement with SANAD and GGF marks a pivotal step in its mission to redefine financial services across the MENA region. Through targeted support for underserved businesses and green projects, the company is helping build a more inclusive and sustainable economic landscape. As global investors increasingly prioritize impact, Beltone’s model offers a blueprint for how finance can be a force for good in emerging markets.