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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

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

09/14/2021 | 01:31am EDT

DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Miscellaneous
creditshelf reaches milestone of more than EUR 100 million new business while maintaining a stable portfolio performance

14.09.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

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."

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

About creditshelf

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.

14.09.2021 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
E-mail: ir@creditshelf.com
Internet: www.creditshelf.com
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1233045

End of News DGAP News Service

1233045  14.09.2021 


© EQS 2021
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Sales 2021 7,30 M 8,45 M 8,45 M
Net income 2021 -3,50 M -4,05 M -4,05 M
Net Debt 2021 - - -
P/E ratio 2021 -16,1x
Yield 2021 -
Capitalization 56,2 M 65,1 M 65,0 M
Capi. / Sales 2021 7,69x
Capi. / Sales 2022 4,78x
Nbr of Employees 57
Free-Float 66,5%
Duration : Period :
creditshelf Aktiengesellschaft Technical Analysis Chart | MarketScreener
Full-screen chart
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 40,80 €
Average target price 65,50 €
Spread / Average Target 60,5%
EPS Revisions
Managers and Directors
Tim Thabe Chairman-Management Board
Fabian Brügmann Chief Financial Officer
Rolf Elgeti Chairman-Supervisory Board
Gregor Heinrich Chief Technology Officer
Daniel Bartsch COO & Vice Chairman-Management Board