10/06/2021

creditshelf: Continued operational success characterizes Q3 2021

DGAP-News: creditshelf: Continued operational success characterizes Q3 2021

DGAP-News: creditshelf Aktiengesellschaft / Key word(s): 9 Month figures
06.10.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

creditshelf: Continued operational success characterizes Q3 2021

Frankfurt am Main, October 6, 2021 ‒ creditshelf, the leading financier for digital SME loans in Germany, continued its successful growth path in Q3 2021.

Highlights:

  • creditshelf increased new loan business in 9M 2021 by 58% to EUR 110.9 mn (9M 2020: EUR 70.3 mn). Looking at the last 12 months on a rolling basis, new business amounted to just under EUR 140 mn.
  • EUR 39.1 mn new loan business in Q3 2021 alone (Q3 2020: EUR 24.7 million) illustrates a sustainable, strong performance in generating attractive investment opportunities for institutional investors.
  • Loan requests have accumulated to a total volume of more than EUR 5.7 bn since the platform was launched. In this time span, creditshelf has arranged loans of more than EUR 400 mn.
  • At EUR 1,160.2 mn, the volume of loans requested in 9M 2021 levelled with the prior-year-period (9M 2020: EUR 1,248.9 mn), while request quality increased.
  • The average ticket size was kEUR 1,018 in 9M 2021 (9M 2020: kEUR 890), reflecting SMEs' increasing demand for larger loan volumes.

Dr. Daniel Bartsch, COO of creditshelf, stated:

"After a very successful first 9 months, we remain optimistic for the rest of 2021. The usual 'summer slump' was absent this year, and in Q3 2021 we recorded the strongest quarter in company history. Until year-end, we are looking forward to numerous promising projects. Our continuously growing production of digital SME loans reflects the increasing importance of our financing solution for the German Mittelstand. At the same time, it illustrates that we can provide a relevant volume of investment opportunities for institutional investors in the long term."

The complete Q3 2021 release will be published by creditshelf on November 11, 2021.


Overview of alternative KPIs

  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
 

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 financier for digital SME loans in Germany. Founded in 2014 and headquartered in Frankfurt am Main, the company arranges bank-independent, flexible financing solutions via 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 core of creditshelf's business model is a unique, data-driven risk analysis and unbureaucratic, fast and digital processes. Thereby, creditshelf covers the entire value chain: its platform is used to select suitable credit projects, analyze the creditworthiness of potential borrowers, and provide credit scoring as well as risk-adequate pricing. For these services creditshelf receives fees from both borrowers and investors.

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



06.10.2021 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.

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