DGAP-News: creditshelf reaches milestone of more than EUR 100 million new business while maintaining a stable portfolio performance

creditshelf reaches milestone of more than EUR 100 million new business while maintaining a stable portfolio performance

• More than EUR 100 million of new loan business as early as September 09, 2021 (full year 2020: EUR 98.9 million)
• Cumulative arranged loan volume in the last 12 months of more than EUR 135 million
• Successful blend of distinct marketing approach and diverse sales channels
• Stable portfolio performance and attractive yields provide basis for institutional funding
• Growth in 2021 expected to continue

Frankfurt am Main, Germany, September 14, 2021 ‒ creditshelf, the leading financier for digital SME loans in Germany, generated more than EUR 100 million in new loan business between January and September 2021, already exceeding the total loan volume of EUR 98.9 million arranged in fiscal year 2020. This success is based on creditshelf's distinct and data-driven marketing approach and continuously expanded sales channels. With high granularity and rewarding yields in a low interest rate environment, creditshelf's loans present an attractive asset class and opportunity for institutional investors.

credithelf CEO Dr. Tim Thabe comments on the success: "We are very proud to have reached the 'magic' EUR 100 million milestone in September, while the historically strong months of the year still lie ahead. Exceeding this threshold clearly shows that alternative financiers play an important role in the SME lending industry and continue to grow in importance. Leaving the Covid crisis behind, we are a reliable partner to the German Mittelstand and ready to deliver."

The loans arranged by creditshelf cover the full spectrum of the German SME sector and their individual financing needs. The company has arranged approx. 500 loans since its foundation, which result in a highly diversified portfolio. Not only does it reflect all classic Mittelstand industries, but it also provides high granularity with an average ticket size of around EUR 1 million and a mix of annuity and bullet loans. The historical, annual net return has been stable between 5% and 6%. Combined with the strongly growing arranged loan volume, creditshelf offers relevant investment opportunities and an attractive asset class for institutional investors, especially in a low-interest environment.

Dr. Daniel Bartsch, COO of creditshelf, is satisfied with the company's development: "For this success, all key elements of our business model have worked together perfectly: Modern technology, in-depth credit risk analysis, an institutional funding approach with strong partners, distinct marketing and strong, customer-focused sales. We look forward to continuing and extending our strong growth together with an outstanding team and many partners."

 

About creditshelf
ir.creditshelf.com


creditshelf is the leading financier for digital SME loans in Germany. Founded in 2014 and headquartered in Frankfurt am Main, the company arranges bank-independent, flexible financing solutions via a constantly growing network. creditshelf combines complementary needs: While SME entrepreneurs can easily access attractive financing alternatives, institutional investors can invest directly in German SMEs and partners can support their clients as innovative providers of new credit solutions. The core of creditshelf's business model is a unique, data-driven risk analysis and unbureaucratic, fast and digital processes. Thereby, creditshelf covers the entire value chain: its platform is used to select suitable credit projects, analyze the creditworthiness of potential borrowers, and provide credit scoring as well as risk-adequate pricing. For these services creditshelf receives fees from both borrowers and investors.

creditshelf has been listed in the Prime Standard Segment of the Frankfurt Stock Exchange since 2018. The experts in the creditshelf team offer many years of experience in SME financing and are trusted partners and visionaries for the entrepreneurship of tomorrow.