UK markets closed
  • FTSE 100

    7,032.30
    -46.12 (-0.65%)
     
  • FTSE 250

    22,948.83
    -101.63 (-0.44%)
     
  • AIM

    1,251.11
    +3.84 (+0.31%)
     
  • GBP/EUR

    1.1707
    -0.0030 (-0.26%)
     
  • GBP/USD

    1.3906
    -0.0051 (-0.37%)
     
  • BTC-GBP

    29,521.36
    +801.76 (+2.79%)
     
  • CMC Crypto 200

    955.03
    +5.13 (+0.54%)
     
  • S&P 500

    4,395.26
    -23.89 (-0.54%)
     
  • DOW

    34,935.47
    -149.06 (-0.42%)
     
  • CRUDE OIL

    73.81
    +0.19 (+0.26%)
     
  • GOLD FUTURES

    1,812.50
    -18.70 (-1.02%)
     
  • NIKKEI 225

    27,283.59
    -498.83 (-1.80%)
     
  • HANG SENG

    25,961.03
    -354.29 (-1.35%)
     
  • DAX

    15,544.39
    -96.08 (-0.61%)
     
  • CAC 40

    6,612.76
    -21.01 (-0.32%)
     

creditshelf on track: High double-digit growth in H1 2021

·4-min read

DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Quarter Results
08.07.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

creditshelf on track: High double-digit growth in H1 2021

Frankfurt am Main, July 8, 2021 ‒ creditshelf, the leading credit platform for digital SME finance in Germany, significantly increased the arranged loan volume in H1 2021 and continues its envisaged growth path. A strong Q2 confirmed a positive trend which had already become apparent in the preceding quarters.

Highlights:


Dr. Tim Thabe, CEO of creditshelf, stated:

"For me, H1 2021 clearly demonstrates the accelerating momentum of our platform's expanding network. In the first half-year of 2021 we were able to build on the growth trend we had established since the beginning of the year. After May showed slower business, this positive development was mainly driven by a strong June. German SMEs are willing to invest again, and companies are looking for suitable financing that is quickly and easily available. We expect additional growth impetus from new bank partnerships, which we successfully initiated in H1 2021."

The complete H1 2021 release will be published by creditshelf on September 9, 2021.
 

Overview of alternative KPIs

 

H1 2021

H1 2020

+/-

Volume of requested loans (in EUR mn)

744.5

860.1

- 13%

Volume of arranged loans (in EUR mn)

71.8

45.6

+ 57%

Number of arranged loans

67

45

+ 49%

Average ticket size (in kEUR)

1,071

1,014

+ 6%

Average tenor (in months)

29.1

24.5

+ 19%

Average interest rate (in % volume-weighted)

8.58*

9.03

- 45 bps


*Adjusted for a single, particularly high-interest loan. Beforementioned loan included, the average interest rate was 9.73%.
 

Upcoming Investor Relations events

September 2, 2021

Commerzbank & Oddo Corporate Conference, Frankfurt/ Main

September 9, 2021

Publication of the half-year financial report 2021

September 24, 2021

Baader Small Cap Day, Munich

November 11, 2021

Publication of the quarterly statement for Q3 2021

November 22, 2021

German Equity Forum, Presentation & 1-on-1s, Frankfurt /Main

 

Corporate Communications:

creditshelf Aktiengesellschaft
Jan Stechele (CPO)
Birgit Hass (Head of PR)
Mainzer Landstrasse 33a
60329 Frankfurt
Germany
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
Germany
Tel.: +49 69 348 719 113
ir@creditshelf.com
ir.creditshelf.com


About creditshelf

ir.creditshelf.com

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.


08.07.2021 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:

1216318


 

End of News

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting