CREDITSHELF RECORDS BEST-EVER START TO THE YEAR

• Already EUR 18.6 million of total loans arranged after the first two months of the year
• This means the arranged loan volume in the quarter to date is already significantly higher than Q1 2020 (EUR 11.6 million)
• Next milestone reached: creditshelf has brokered more than EUR 300 million of debt capital to German SMEs since the platform was launched

Frankfurt am Main, March 3, 2021 ‒ creditshelf Aktiengesellschaft, the leading credit platform for digital SME finance in Germany, is seeing the strongest start to a fiscal year since the company was founded.

Its success is due to more intense activity both on the borrower side and on the funding side of the creditshelf platform. This had led to creditshelf arranging EUR 18.6 million in SME loans since the start of the year. At the end of February, the company has already clearly exceeded the first-quarter figure for previous year (Q1 2020: EUR 11.6 million) with a promisingly filled pipeline for the next weeks. This growth comes from a balanced mix of existing and new clients and was largely the result of faster, technology-based loan analysis. creditshelf has already brokered more than EUR 300 million of debt capital to German SMEs since the platform was launched. This underscores the growing role played by digital platforms in the lending process.

Dr. Daniel Bartsch, a creditshelf founding partner and the company's Management Board member, Markets, commented on the successful start to the year as follows: "Our offering is clearly attractive. Consistently high volumes of loan requests and the clear rise in arranged loan volumes at the start of the year show that German SMEs aim to leverage the opportunities offered by the coronavirus crisis. We are delighted to be helping these dynamic German companies to transform and innovate by providing complementary finance solutions."
 

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 its constantly growing network. creditshelf caters to complementary needs: SME entrepreneurs gain easy access to attractive alternative financing solutions, institutional investors can invest directly in German SMEs, and the company's partners can support their clients as innovative providers of new credit solutions. creditshelf's business model revolves around its unique, data-driven risk analysis and unbureaucratic, fast digital processes. creditshelf covers the entire value chain: Its platform is used to select suitable credit projects, analyze potential borrowers' credit quality, perform credit scoring, and price risk adequately. The company receives fees from both borrowers and investors for these services.

creditshelf has been listed on the Frankfurt Stock Exchange's Prime Standard segment since 2018. The experts making up its team have many years' experience of SME financing and are trusted partners and visionaries for building tomorrow's businesses.