Med Factor

What Med Factor does

Med Factor is a Tunisian "Établissement financier" specializing in factoring (affacturage) and operating as a wholly-owned subsidiary of PGH Group. The company purchases receivables from businesses and advances 80-90% of the invoice value within 24 hours, retaining an 8-15% guarantee buffer and earning revenue through a combination of factoring commissions, financing interest, and annual minimum commission commitments. Its product set spans domestic factoring, international/export factoring, reverse factoring, and outsourced debt collection (recouvrement de créances), supported by an online member portal (Espace Adhérant) and a public financing simulator for prospect engagement.

The company targets a horizontal mix of customer segments in Tunisia — professionals, very small enterprises (TPE), small and medium enterprises (PME), and large enterprises (GE) — addressing cash flow gaps caused by long client payment terms and limited access to traditional bank financing. Its go-to-market is sales-led, with a commercial team reachable by phone and email, complemented by self-service digital channels. Operations are headquartered in Ezzahra, Ben Arous, with reported scale of 71 active members, 2,535 invoices processed, 94mD TND of billed turnover, 37mD TND of outstanding financing volume, and an estimated 6% share of the Tunisian factoring market.

The underlying technology is conventional rather than differentiated: a web-based member portal for account access, a public financing simulator for cost estimation, and a 24-hour approval workflow. No AI/ML capabilities, third-party integrations, or proprietary risk models are disclosed in the source material. Pricing is quote-based and not publicly listed, structured as multi-year contracts with recurring annual minimum commissions layered on top of per-transaction fees and interest income.

Name

Med Factor

Legal name

Med Factor

Website

https://medfactor.com.tn

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Med Factor is a Tunisia-based licensed financial institution and subsidiary of PGH Group that provides domestic, export, and reverse factoring services to micro, small, medium, and large enterprises, advancing 80-90% of invoice values within 24 hours.

Ownership category

akta.pro rank

Product category

Commercial Factoring Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

Keywords

• Commercial factoring services
• Receivables financing
• Invoice financing
• Debt collection services
• Credit insurance

Headquarters

HQ city

Ben Arous

HQ country

Tunisia

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Factoring Commission: Med Factor charges a commission on the amount of invoices factored (cedent). This commission covers invoice management, debt collection services, and credit risk guarantee (in non-recourse factoring). The commission is calculated as a percentage of the invoice amount ceded to the factor.
2. Financing Interest: Interest charged on the financing provided against invoices. Interest can be pre-computed (based on forecasted payment timelines) or post-computed (based on actual payment timelines).
3. Annual Commission Minimum: Contracts include an annual minimum commission commitment, typically set at 80% of projected activity at contract signing or 80% of the previous period's factoring commission.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Med Factor is a Tunisian financial institution that provides factoring (affacturage) services to businesses, delivering immediate liquidity of 80-90% of invoice values within 24 hours. Its core offerings include domestic factoring (affacturage domestique), international/export factoring (affacturage export), and reverse factoring (affacturage inversé), complemented by outsourced debt collection (recouvrement de créances) and credit insurance against client insolvency.

Product overview

Med Factor is a financial services company offering a comprehensive factoring (affacturage) platform for businesses in Tunisia. The core offering consists of three main factoring products: domestic factoring (affacturage domestique), international/export factoring (affacturage export), and reverse factoring (affacturage inversé). These are complemented by debt collection services, an online financing simulator tool, and structured contract procedures. The company provides financing of 80-90% of invoice values within 24 hours, credit insurance against payment defaults, and outsourced accounts receivable management. Med Factor targets professionals, micro-enterprises (TPE), small and medium enterprises (PME), and large enterprises (GE) across various industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Affacturage domestique (Domestic Factoring) Factoring service for domestic invoices that provides immediate financing of 80-90% of invoice amounts within 24 hours, along with credit insurance against client payment defaults and outsourced debt collection management. Targeted at Tunisian businesses (PME, TPE, GE, and professionals).
• Affacturage export (International Factoring) International factoring service for export invoices where the debtor is a non-resident, mitigating payment default risks, providing expertise in international trade practices, and protecting against currency exchange risk. Targeted at Tunisian exporters and large enterprises engaged in cross-border trade.
• Affacturage inversé (Reverse Factoring) Reverse factoring solution that allows businesses to pay their suppliers within 24 hours after delivery while settling the factor only at the original due date, preserving working capital without tapping into company treasury. Targeted at Tunisian businesses seeking supply chain financing.
• Recouvrement de créances (Debt Collection) Outsourced accounts receivable management service that includes invoice chasing, collection activities, and administrative optimization. Targeted at businesses that want to delegate receivables collection to focus on core operations.

Quantifiable outcome

• 80-90% of invoice amount received immediately
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Fundbox: US fintech providing invoice-based working capital and lines of credit to small businesses via an automated, data-driven underwriting model. Represents the technology-led evolution of factoring that Med Factor would compete against as it modernizes.
• BlueVine: US-based fintech offering invoice factoring and lines of credit to SMBs through a digital, self-serve platform. Comparable invoice-financing product to Med Factor, with a stronger digital/embedded-finance distribution model — represents the fintech disruption vector facing traditional factors.

Direct peers

• AltLine (Interface Financial Group): North American invoice-factoring franchise network providing working capital to SMEs through recourse and non-recourse factoring. Comparable SME customer base, factoring commission model, and small-business GTM motion to Med Factor's.
• RTS Financial Services: US-based factoring company providing invoice factoring, accounts receivable financing, and credit-insurance-style protection to SMBs. Operates the same commission-on-cession revenue model with recourse and non-recourse offerings similar to Med Factor.
• Tunisie Factoring: Tunisian factoring company operating in the same domestic market as Med Factor, offering comparable invoice-financing, debt collection, and credit-insurance services to Tunisian SMEs and large enterprises. Most direct head-to-head competitor within BCT-supervised factoring.

Broad incumbents

• Bibby Financial Services: International invoice finance and factoring provider serving SMEs in multiple European markets. Comparable SME-focused factoring, invoice discounting, and asset-based lending offering with similar sales-led B2B motion to Med Factor's.
• Corcentric: Provider of working-capital solutions including factoring, supply-chain financing, and reverse factoring to mid-market and enterprise clients. Comparable reverse-factoring and supply-chain-finance product offering to Med Factor's affacturage inversé.
• Coface: Global trade credit insurance and factoring incumbent offering export factoring, receivables management, and credit-risk services across 100+ markets. Comparable to Med Factor's combined factoring-plus-credit-insurance value proposition, but at much greater scale and geographic reach.
• Eurofactor: European factoring subsidiary of Crédit Agricole, providing domestic and international factoring, receivables management, and credit insurance to SMEs and large corporates. Directly comparable business model to Med Factor's three-pillar (domestic/export/reverse) factoring suite.

Regional players

• Société Générale de Factoring (SG Factoring): European factoring arm of Société Générale providing domestic and export factoring across continental Europe. Comparable three-pillar factoring suite and bank-affiliated institutional credibility to Med Factor's PGH Group-backed positioning — regional rather than Tunisian market overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Medfactor.tn
• LinkedInlinkedin.com/company/med-factor

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Med Factor