Tunisie Leasing & Factoring

Debt : December 2019

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

Amount

€ 15,000,000.00

Type of investment

Debt

Development impacts

Local economic growth
Financial inclusion
Promotion of ESG best practices

Beneficiary locations

Middle East & North Africa: Tunisia

Investment field

Financial Institutions

Activity

Leasing

Organisation

Tunisie Leasing & Factoring

Website

http://www.tlf.com.tn/

Domicile

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).

Development impacts

Local economic growth
By supporting access to leasing and factoring products for MSMEs and micro-entrepreneurs, especially in the context of banks’ lending less to this segment due to severe liquidity crisis, BIO’s investment will support local economic activity.
Financial inclusion
Leasing and factoring products are key for micro-entrepreneurs to support and scale up their operations and growth
Promotion of ESG best practices
The Environmental & Social Management System will support the company to better manage E&S risks and flag potential business opportunities.