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    CSQ   DE000A2LQUA5

CREDITSHELF AG

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Creditshelf Aktiengesellschaft: AMSTERDAM TRADE BANK INCREASES INVESTMENT VOLUME VIA CREDITSHELF PLATFORM TO EUR 60 MN

07/16/2021 | 01:31am EDT

DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Alliance/Agreement
creditshelf Aktiengesellschaft: AMSTERDAM TRADE BANK INCREASES INVESTMENT VOLUME VIA CREDITSHELF PLATFORM TO EUR 60 MN

16.07.2021 / 07:30
The issuer is solely responsible for the content of this announcement.


AMSTERDAM TRADE BANK INCREASES INVESTMENT VOLUME VIA CREDITSHELF PLATFORM TO EUR 60 MN

- Amsterdam Trade Bank expands debt funding on creditshelf platform by EUR 20 mn, now totaling EUR 60 mn

- Extension of successful cooperation that has been in place since the beginning of the year

- Loans to German SMEs via creditshelf platform remain attractive asset class for investors

Frankfurt am Main, Germany, July 16, 2021 ? creditshelf Aktiengesellschaft, the leading credit platform for digital SME finance in Germany, and its important financing partner Amsterdam Trade Bank further expand their successful collaboration. Amsterdam Trade Bank increases the funding volume for SME loans via the creditshelf platform by another EUR 20 mn, totaling Amsterdam Trade's commitment to EUR 60 mn.

Matt Kus, Head of SME Credit Origination at Amsterdam Trade Bank: "So far, we have been very satisfied with the collaboration. creditshelf has steadily delivered increased loan volume over the past months without compromising the credit criteria we set for the facility. In all of our interactions we have experienced nothing but professional execution and we appreciate the active monitoring creditshelf performs on our exposures. We are happy to support the German SME sector with the additional funds in this important phase of economic upswing."

Dr. Daniel Bartsch, founding partner and Chief Operating Officer of creditshelf, adds: "We are honored by the trust placed in us by Amsterdam Trade Bank. It shows that our platform works and meets the requirements of highly regulated investors, especially when it comes to our selection and risk analysis processes. Via creditshelf, institutional investors like Amsterdam Trade can benefit from a unique access to the German Mittelstand, and at the same time receive a "full-service" package."

Amsterdam Trade Bank had agreed to invest in loans arranged via creditshelf's platform at the beginning of this year. The original commitment amounted to EUR 40 mn. This commitment will now be increased to EUR 60 mn. Until today, the creditshelf platform has arranged over EUR 350 mn in loans for German SMEs. This was made possible by significant commitments of institutional investors such as the European Investment Fund, BNP Paribas Asset Management or Amsterdam Trade Bank, investing in SME loans either directly via creditshelf's platform or via the creditshelf Loan Fund.

Corporate Communications:
creditshelf Aktiengesellschaft
Jan Stechele (CPO)
Birgit Hass (Leiterin PR)
Mainzer Landstraße 33a
60329 Frankfurt
Tel.: +49 (69) 348 77 2413
presse@creditshelf.com
www.creditshelf.com
Investor Relations:
creditshelf Aktiengesellschaft
Fabian Brügmann (CFO)
Maximilian Franz (Investor Relations Manager)
Mainzer Landstraße 33a
60329 Frankfurt
Tel.: +49 69 348 719 113
ir@creditshelf.com
www.creditshelf.com
 
 

ABOUT CREDITSHELF

creditshelf is the leading credit platform for digital SME finance 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.

ABOUT AMSTERDAM TRADE BANK

Amsterdam Trade Bank is a Dutch bank with a 27 year track record of funding European businesses. As part of its mission to support the European small businesses, it seeks to provide funding to the strongest, most effective, prudent SME originators across Europe. Amsterdam Trade Bank has been active in the German market since 2006.



16.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: creditshelf Aktiengesellschaft
Mainzer Landstrasse 33a
60329 Frankfurt/Main
Germany
E-mail: ir@creditshelf.com
Internet: www.creditshelf.com
ISIN: DE000A2LQUA5
WKN: A2LQUA
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1219252

 
End of News DGAP News Service

1219252  16.07.2021 

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Sales 2021 7,30 M 8,55 M 8,55 M
Net income 2021 -3,50 M -4,10 M -4,10 M
Net Debt 2021 - - -
P/E ratio 2021 -15,8x
Yield 2021 -
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Tim Thabe Chairman-Management Board
Fabian BrŘgmann Chief Financial Officer
Rolf Elgeti Chairman-Supervisory Board
Gregor Heinrich Chief Technology Officer
Daniel Bartsch COO & Vice Chairman-Management Board
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