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    CSQ   DE000A2LQUA5

CREDITSHELF AG

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FIBR Bank increases SME debt funding volume via creditshelf platform to EUR 120 mn

10/29/2021 | 01:32am EST

DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Alliance
FIBR Bank increases SME debt funding volume via creditshelf platform to EUR 120 mn

29.10.2021 / 07:30
The issuer is solely responsible for the content of this announcement.


FIBR Bank increases SME debt funding volume via creditshelf platform to EUR 120 mn

  • FIBR Bank (former Amsterdam Trade Bank) expands debt funding on creditshelf platform by up to EUR 60 mn, now totaling EUR 120 mn
  • Second extension shows strong commitment of both partners to German SME sector
  • Partnership illustrates the attractiveness of creditshelf's investment opportunities for professional and institutional investors
  • Private institutional funding represents an important source of financing for German SMEs

Frankfurt am Main, Germany, October 29, 2021 ? creditshelf Aktiengesellschaft, the leading financier for digital SME loans in Germany, and its debt financing partner FIBR Bank (former Amsterdam Trade Bank) intensify their successful collaboration. FIBR Bank increases the funding volume for SME loans via the creditshelf platform by up to EUR 60 mn, expanding their potential funding capacity to EUR 120 mn.

Matt Kus, Head of Lending Partnerships at FIRB Bank: "Our lending partnership strategy, focused on providing SME lenders with funding for their origination is gaining momentum. By expanding our existing successful partnership with creditshelf, we are strengthening our footprint in Germany, addressing the urgent need for SME debt capital."

Dr. Daniel Bartsch, founding partner and Chief Operating Officer of creditshelf, adds: "We are very happy that FIBR Bank has agreed to intensify our partnership. This shows that we offer real added value for institutional investors. In order not to fall behind in a highly dynamic market environment, German SMEs need funding alternatives right now - which is exactly what our co-operation is aiming at."
 

Press Relations:

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 (IR 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 FIBR Bank

FIBR is a connected digital bank powering SME lending across Europe, both directly and indirectly through local lenders such as creditshelf. FIBR is the new trade name of Amsterdam Trade Bank N.V. under which the new SME strategy will be rolled out. It is the only European bank solely focused on supporting SMEs, blending the stability of a bank with the agility and technology of a fintech. Its highly automated technology platform enables its lenders to finance SMEs quickly and efficiently whilst providing business owners access to a range of working capital and secured lending products at fair rates. FIBR (previously operating as Amsterdam Trade Bank) has been active in the German market since 2006.



29.10.2021 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: 1244565

 
End of News DGAP News Service

1244565  29.10.2021 

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