Tunisie Leasing & Factoring

Subsidy : November 2021 - January 2023

BIO has granted EUR 37 K of technical assistance to Tunisie Leasing & Factoring, a leasing, factoring, and long-term rental company in Tunisia.

Amount

€ 37,000.00

Type of investment

Subsidy

Beneficiary locations

Africa: Tunisia
Middle East:

Investment field

Financial Institutions

Activity

K64.91 Financial leasing

Organisation

Tunisie Leasing & Factoring

Domicile

Tunisia

More investments in

Tunisie Leasing & Factoring

  • Debt € 15,000,000.00 (2019)

Tunisie Leasing & Factoring is a leasing, factoring and long-term rental company founded in 1984 in Tunisia.

TLF is involved both in equipment leasing (trucks, buses, cars, public works equipment, medical equipment, industrial equipment, etc.) and real estate leasing (acquisition or construction of offices, practices, clinics, workshops, warehouses or factories).

Technical Assistance

Development of a credit scoring model : Implementation of a new internal rating model, credit scoring and provision calculation according to IFRS 9

Expected impact

  • Reduced delinquencies and overdue loans
  • Automated granting of small loans
  • Closing and presentation of accounts according to IFRS

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