DGAP-News: creditshelf Aktiengesellschaft / Keyword (s): Figures over 9 months creditshelf: The pursuit of operational success characterizes Q3 2021 2021-10-06 / 07:30 The issuer is solely responsible for the content of this announcement.

————————————————– ————————————————– ——————-

creditshelf: continued operational success characterizes the third quarter of 2021

Frankfurt am Main, October 6, 2021? creditshelf, the leading funder of digital lending to SMEs in Germany, continued its successful growth in the third quarter of 2021.

Strong points: . creditshelf increased new credit activities by 58% in 9M 2021 to reach 110.9 million euros (9M 2020: 70.3 million euros). Looking at the last 12 months on a rolling basis, new business amounted to just under 140 million euros. . € 39.1 million of new credit business in the third quarter of 2021 alone (Q3 2020: € 24.7 million) illustrates a sustainable and solid performance by generating attractive investment opportunities for institutional investors. . Loan applications have accumulated for a total volume of more than 5.7 billion euros since the launch of the platform. During this period, creditshelf arranged loans of over 400 million euros. . At € 1,160.2 million, the volume of loans requested in 9M 2021 stabilized compared to the period of the previous year (9M 2020: € 1,248.9 million), while the quality requests increased. . The average ticket size was 1,018 kEUR as of 9M 2021 (9M 2020: 890 kEUR), reflecting the growing demand from SMEs for larger loan volumes.

Dr Daniel Bartsch, COO of creditshelf, said:

“After 9 very successful first months, we remain optimistic for the remainder of 2021. The usual ‘summer crisis’ was absent this year, and in the third quarter of 2021 we recorded the strongest quarter in the history of the year. ‘company. Until the end of the year, we are looking forward to many promising projects. Our constantly increasing production of digital SME loans reflects the growing importance of our financing solution for the German Mittelstand. time, it illustrates that we can offer a significant volume of investment opportunities to long-term institutional investors. ”

The full Q3 2021 version will be released by creditshelf on November 11, 2021. Alternative KPIs Overview

                                              9M 2021 9M 2020      +/- 
Volume of requested loans (in EUR mn)         1,160.2 1,248.9     -7 % 
Volume of arranged loans (in EUR mn)            110.9    70.3    +58 % 
Number of arranged loans                          109      79    +38 % 
Average ticket size (in kEUR)                   1,018     890    +14 % 
Average tenor (in months)                        26.2    25.7     +2 % 
Average interest rate (in % volume-weighted)    10.13    8.94 +124 bps 

Upcoming Investor Relations events

November 11, 2021 Publication of the quarterly statement for Q3 2021 November 22, 2021 German Equity Forum, Presentation & 1-on-1s, Frankfurt / Main

Business communication :

creditshelf Aktiengesellschaft Jan Stechele (CPO) Birgit Hass (Head of PR) Mainzer Landstrasse 33a 60329 Frankfurt Germany Tel. : +49 (69) 348 77 2413 [email protected] www.creditshelf.com Investor Relations:

creditshelf Aktiengesellschaft Fabian Brügmann (CFO) Maximilian Franz (Investor Relations Manager) Mainzer Landstrasse 33a 60329 Frankfurt Germany Tel. : +49 69 348 719 113 [email protected] ir.creditshelf.com About creditshelf

ir.creditshelf.com

creditshelf is the leading funder for digital loans to SMEs in Germany. Founded in 2014 and headquartered in Frankfurt am Main, the company offers flexible and bank independent financing solutions through 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 heart of creditshelf’s business model is unique, data-driven risk analysis and unbureaucratic, fast and digital processes. Thus, creditshelf covers the entire value chain: its platform is used to select suitable credit projects, analyze the solvency of potential borrowers and provide a credit rating and pricing adapted to the risk. For these services, creditshelf receives commissions from borrowers and investors.

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

————————————————– ————————————————– ——————-

2021-10-06 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this advertisement. DGAP’s distribution services include regulatory announcements, financial / corporate news, and press releases. Archives on www.dgap.de

————————————————– ————————————————– ——————-

Language:     English 
Company:      creditshelf Aktiengesellschaft 
              Mainzer Landstrasse 33a 
              60329 Frankfurt/Main 
              Germany 
E-mail:       [email protected] 
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:  1238502 
 
End of News   DGAP News Service 
=------------ 

1238502 2021-10-06

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1238502&application_name=news

(END) Dow Jones Newswires

October 06, 2021 01:30 ET (05:30 GMT)


Source link

Leave a Reply

Your email address will not be published.