DGAP-News: creditshelf Aktiengesellschaft
/ Key word(s): 9 Month figures
creditshelf - Update business development in Q3
Frankfurt am Main, Germany, October 04, 2019 - creditshelf Aktiengesellschaft, a pioneer in digital SME financing in Germany, was able to arrange a higher loan volume in the first nine months of 2019 than in 2018 as a whole. The positive development of its loan business in the first nine months of 2019 is reflected in the following numbers:
"Digital SME financing continues to gain importance in Germany and has by no means fully realized its market potential. Despite a tense economic environment, we had the highest volume of requests in the history of our company in the third quarter, in total 43% above the previous quarter. Our pipeline is well filled and marks a good starting point for a traditionally strong fourth quarter."
The complete Q3 release will be published by creditshelf on November 21, 2019.
Overview of alternative KPIs
About creditshelf - www.creditshelf.com
creditshelf is a pioneer in the field of digital SME finance in Germany that arranges loans via its easy-to-use online platform, www.creditshelf.com. The company, which was founded in 2014 and is based in Frankfurt am Main, sees itself as a market and technology leader in the fast-growing digital SME finance business in Germany. As a provider of SME finance, creditshelf has developed its platform to meet the financing needs of German SME borrowers through loans from investors interested in this asset class. By offering to arrange corporate loans in this way, creditshelf enables small and medium-sized companies to access highly attractive alternative finance options. At the same time, creditshelf offers professional investors looking for attractive investment opportunities access to SME finance. The company's core competencies include the selection of suitable credit projects, credit quality analysis for potential borrowers, credit scoring, and risk-adequate pricing. creditshelf receives fees for its services from both the SME borrowers and the investors.
creditshelf news posted daily at
04.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Mainzer Landstrasse 33a|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||885505|
|End of News||DGAP News Service|