DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Quarter Results
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.
"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.
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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.
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