Belton SME Financing, a subsidiary of Belton Holding, has officially joined the Small and Medium Enterprises (SME) Financing Forum, a global alliance led by the International Finance Corporation (IFC), part of the World Bank Group. This new membership marks a significant milestone for the company as it becomes the latest addition to a network comprising over 300 members and partners across 190 countries, all working together to improve access to finance for small and medium enterprises (SMEs) worldwide.
The SME Financing Forum is dedicated to fostering the growth and sustainability of SMEs by facilitating the exchange of knowledge, innovations, and best practices. The forum plays a crucial role in creating a global ecosystem where financial solutions can be tailored to meet the unique needs of entrepreneurs. Through this new partnership, Belton SME Financing aims to leverage the collective expertise of the forum’s members to drive financial inclusion and economic development, particularly in Egypt’s rapidly growing SME sector.
Belton SME Financing provides a range of customized financial solutions designed to support the diverse needs of small and medium businesses. With a strong focus on innovation and customer-centricity, the company empowers entrepreneurs to navigate the complexities of the modern business landscape. The company’s core mission is to support the growth and development of SMEs by offering the financial resources necessary to help businesses achieve their goals. In August 2024, Belton SME Financing received a license from the Egyptian Financial Supervisory Authority, solidifying its role as a key player in Egypt’s SME financing sector.
CEO of Belton SME Financing, Ashraf Abdel-Fattah, expressed the strategic importance of the company’s new membership in the forum. “Joining the Small and Medium Enterprises Financing Forum is a significant step in strengthening our commitment to promoting financial inclusion and supporting economic growth,” said Abdel-Fattah. “This partnership gives us the opportunity to access valuable insights, build strong partnerships, and integrate cutting-edge innovations into our business model. Our goal is to empower SMEs in Egypt, contribute to best practices in the sector, and drive sustainable growth. We are excited to use this global platform to enhance our impact and contribute to the broader entrepreneurial ecosystem.”
The CEO of the Small and Medium Enterprises Financing Forum also welcomed Belton SME Financing to the network. “We are thrilled to have Belton SME Financing join our global community,” he said. “The company’s vision of expanding its operations and supporting Egypt’s rapidly growing SME sector aligns perfectly with our mission to empower businesses at a global level. We are confident that Belton’s expertise and commitment will add significant value to our shared goals and help drive meaningful progress in the sector.”
As Belton SME Financing steps into this global partnership, it looks forward to playing a central role in transforming the SME landscape, not only in Egypt but also across the broader region. The company’s membership in the SME Financing Forum underscores its dedication to providing innovative financial solutions that will help entrepreneurs thrive in an increasingly competitive and evolving market.
