Tagged: creditshelf

Germany: SMEs are Finding it Harder to Receive Bank Financing Reports creditshelf

SME online lender creditshelf says banks are becoming more skeptical about investing in small businesses in Germany. creditshelf claims that last year only every third company had problems with bank financing, now every second medium-sized company encounters resistance from its house bank. It has been… Read More

Online Lender creditshelf Expands with Physical Branch in Munich

creditshelf Aktiengesellschaft, a Fintech providing access to capital for SMEs, is opening a physical branch in Munich. While many Fintechs are focusing on less real estate, creditshelf believes a localized office can help expand its services. Jan Stechele, Head of Product Management, Head of Business… Read More

Germany: Digital SME Lender creditshelf Says More Loans Originated in 2019 So Far than All of 2018

creditshelf Aktiengesellschaft, a peer to peer lender providing financing options to German SMEs, says that more loans have been originated on its platform in the 9 months of 2019 than all of 2018. According to creditshelf, loan volume through the past 9 months stands at… Read More

P2P Lender creditshelf to Acquire SME Finance Provider Valendo

creditshelf Aktiengesellschaft has signed a purchase agreement for the acquisition of all shares in Valendo – part of the finleap Fintech ecosystem. According to a company release, the purchase price was in the “low seven-digit amount.” Payment will take place in two separate tranches. creditshelf… Read More

Fintech Lender creditshelf Doubles Loan Volume in First Half of 2019

creditshelf Aktiengesellschaft, a Germany based online lender, says it lending volume has more than doubled in volume during the first 6 months of 2019. In comparing the first half of 2019 versus the first six months of 2018,  creditshelf reports that the volume of arranged… Read More

Online Lender creditshelf Reports Growth During First Quarter

Online lender creditshelf (CSQ.F) has reported financial results for the first quarter of fiscal year 2019. According to the Germany-based Fintech, revenues tripled in the first quarter versus the same period year prior. creditshelf is a marketplace lender that matches investors to SMEs in need… Read More

Following IPO, German Fintech creditshelf Holds First Annual Meeting

creditshelf Aktiengesellschaft (CSQ.F), a Fintech marketplace for small and medium-sized enterprises (SMEs) in Germany, has held its first annual general meeting in Frankfurt am Main following its IPO in July 2018. The company reports solid shareholder participation as 52.16 % of share capital was represented… Read More

creditshelf Report: German SMEs are Looking for Larger Loans & Longer Maturities in Preparation for More Challenges Ahead

Online lender creditshelf has shared the results of their “Financing Monitor 2019.” According to their research, Germany-based SMEs are feeling the consequences of international trade conflicts and questions. “Every second company reports that access to credit has deteriorated compared to the previous year.” creditshelf states… Read More

German SME Lender creditshelf Appoints Dr. Gregor Heinrich As New CTO

creditshelf AG, a digital SME financing lender in Germany, announced on Tuesday it has appointed Dr. Gregor Heinrich as Chief Technology Officer. According to creditshelf, Dr. Gregor Heinrich has more than 10 years’ experience as a CTO, with most recently at Stonebranch, a mid-size provider of… Read More

Online Lender Creditshelf Partners with CrossLend to Offer First Digital Securitization of Loans

Germany based Fintech creditshelf Aktiengesellschaft, an SME financing platform, is launching a new partnership with CrossLend to offer the first digital securitization of SME loans in Germany. According to creditshelf, CrossLend is an investor on the creditshelf platform and purchases loan receivables as part of the… Read More

Mittelstand und Finanzierung 4.0: Data & Fintech Can Provide Faster, Better Loans

Germany based Fintech creditshelf has completed a study entitled “Industrial SMEs and Financing 4.0” (Industrieller Mittelstand und Finanzierung 4.0). Partnering with TU Darmstadt, the research queried 244 board members and managing directors to garner the results this past July. According to the study, SMEs are more… Read More

SME Online Lender Creditshelf Names Fabian Brügmann New CFO

Creditshelf Aktiengesellschaft, a Germany based online lender, announced on Wednesday it has appointed Fabian Brügmann as its new CFO, effective on January 15, 2019. The lender reported that this appointment continues its planned expansion of its management team and in the newly formed position, Brügmann… Read More

creditshelf to Now Offer Loans With Terms Up to Five Years; Maximum Loan Size Will Be Doubled

On Tuesday, German marketplace lender for SMEs, creditshelf, announced it is extending the maximum term of its arranged loans from 36 to 60 months. The online lending platform also reported that the maximum loan amount will double from previous €2.5 million to €5 million with… Read More

Banco BNI Europa to Invest Up to €15 Million via SME Lending Platform Creditshelf

  Banco BNI Europa has formed a strategic partnership with marketplace lender Creditshelf to help provide financing to German SMEs. Creditshelf is an SME lending specialist and BNI Europa is slated to invest up to €15 million into German SMEs over the coming months. Launched in 2014,… Read More

Big Ticket Borrowing: Midsized Companies Turn to Marketplace Lending at Lendix & Creditshelf

At the onset of the marketplace lending market, lending to businesses was equated with lending to small and very small businesses: businesses at the low end of the small and medium-size enterprise (SME) market who were borrowing on average under €100,000.  However, as the alternative lending… Read More

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