FCI Welcomes a new Associate Member in UgandaTuesday 25 June 2019
Financial Access Commerce and Trade Services (Uganda) Limited (‘‘FACTS Uganda’’) is a non-bank financial institution, specialized in Supply Chain Finance (SCF) and Factoring, incorporated under the laws of the Republic of Uganda in 2015 with its registered office in Kampala. FACTS Uganda is a subsidiary of FACTS East Africa B.V. (‘‘FACTS EA’’), a finance group based in Amsterdam, the Netherlands.
FACTS Uganda is focusing on the agribusiness, health and manufacturing sectors, as well as other emerging entrepreneurs that have limited access to finance from mainstream Financial Institutions. FACTS Uganda has succeeded in building a client portfolio in various industries and market segments. Originally FACTS’s focus was on the domestic market but sees potential in the East Africa regional market and in particular in cross-border trade finance.
FACTS Uganda’s vision is to become the leading SCF and Factoring Institution in Uganda. FACTS understand the challenges of the market, while being dedicated to increasing awareness of the SCF and Factoring products with highly skilled and experienced staff in the field.
FACTS Uganda operates on a sustainable commercial footing and is convinced that economic IMPACT is best achieved through developing a vibrant and resilient SME sector. FACTS Uganda seeks responsible investment and is signatory to United Nations Principles for Responsible Investment (UNPRI) as it strives for impact in the form of demonstrable and reportable links to the UN Social Development Goals (SDGs).
As a member of FCI, FACTS Uganda will support the international trade of its clients and provide all stakeholders with better risk management.