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Valu and Felix Maritime partnered to offer flexible financing for maritime and yachting services in Egypt, covering purchases across ticket sizes.
Valu has partnered with Felix Maritime to make Valu financing available to Felix Maritime customers in Egypt.
The companies say the financing will cover purchases and services across different ticket sizes.
Valu will let Felix Maritime customers finance a wide range of purchases and services, from smaller everyday expenses to higher value transactions.
The partnership covers vessel-related operating costs and services. These include yacht and agency husbandry services such as provisioning, crew management, and port clearance. It also includes Suez Canal transit services, including paperwork and logistics.
Other covered areas include spare parts logistics to reduce vessel downtime, maintenance and repair arrangements involving qualified technicians, spare parts, and specialised equipment. Customers can also finance provision supplies, including food and beverages, water, ice, cleaning and household supplies, and other speciality items.
Under the agreement, customers get two financing options based on purchase value. Revolving Limit financing is available for purchases of up to EGP 350,000. Non-Revolving Limit financing is for purchases exceeding EGP 350,000.
The companies also said customers looking to purchase a yacht can access financing through Valu’s luxury financing program, Ulter, with amounts of up to EGP 60 million.
Felix Maritime has operated in Egypt since 1984 and says it has served more than 3,000 unique clients.
The partnership adds a structured way for Felix Maritime customers to manage upfront costs, including higher value maritime services.
By offering financing across different ticket sizes, Valu and Felix Maritime are positioning financing as part of the customer payment flow for Egypt’s maritime and yachting sector.
Primary Source: ZAWYA
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