Shabli Signs a Partnership Agreement with Contact for Financing

Shabli Signs a Partnership Agreement with Contact for Financing

Shatably Company, the owner of the first electronic platform specialized in the design and implementation of decoration and finishing works, signed a partnership agreement with Contact Finance, the leading company in the field of non-banking financial services in Egypt.

This comes with the aim of achieving Shatabli Company’s vision and expansion plans in the real estate development sector, by providing innovative financing programs offered by the company in cooperation with Contact.

The partnership agreement comes within the framework of the Egyptian state’s orientations towards digital transformation through technological applications supported by innovative financial solutions, which is integrated with the vision of both Shatbly and Contact.

This also coincides with the time when Shatbly Company succeeded in presenting a unique and innovative model aimed at bridging the large gap that the real estate market suffers from due to the delay in the finishing of housing units. Interactive and flexible and operates under the slogan “Choose your home design in less than 60 minutes… and live within 90 days.”

The Shatbly platform relies on an easy and simple interactive interface, allowing customers to choose the designs, finishing materials and decorations for their residential units through simple steps, so that the platform displays prices with utmost accuracy, and therefore an accompanying digital interactive calculator has been added that immediately updates the cost when making any change, and shows the customer the cost The total and the value of the monthly installment, without any other hidden costs, in order to clarify the cost of the design of each client in line with his budget and monthly income, provided that this process is completed in a few minutes, after which the implementation work begins in a maximum period of only 90 days.

Said Zaatar, Managing Director and CEO of Contact Financial Holding, said: “The cooperation with Shatbly Company comes within the framework of our support for new digital solutions in the Egyptian market, especially those that aim to support and develop the real estate sector, where Contact has the ability to provide solutions that integrate with Shatabli Company’s ambitious vision through several different financing programs that will provide the opportunity for the largest number of customers to complete the design and implementation of decoration and finishing works for their residential units through simple steps.”

For his part, Mostafa Amer, CEO of the Shatbly platform, expressed his happiness with the partnership agreement with Contact Holding, stressing that it comes within the framework of the company’s expansion plan after the success of the first pilot phase and after ensuring that customers need innovative financing solutions that guarantee them access to the service in the shortest period of time. Possible with the highest quality and the best payment methods.

Amer also pointed out that Shatbly owns an integrated work team that includes decor engineers, experts and professional technicians in the finishing work, along with a technical support team and a base of the best raw materials suppliers, which guarantees the customer the best model that helps solve a major crisis suffered by the Egyptian real estate market, which is the length of the finishing period and disputes Resulting in either the price discrepancy or poor quality provided, especially in luxury housing units.

Also read: Egypt’s Shatabli raises $1.2 million in funding

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