Creditshelf makes 100 million euros in new business

The start-up wants to finance medium-sized companies. With the new figures, it speaks of breaking through a "sound barrier".

According to its own information, the SME financier Creditshelf has cracked the 100 million euro mark for new business. The company announced this in a press release on Tuesday and speaks euphorically of having broken through a "sound barrier". Over twelve months, the new business was therefore even at 135 million euros, in 2021, they also expect further growth.

Creditshelf calls itself the "leading financier" for digitally granted SME loans in Germany and is a financing platform. Last year, the new business of the start-up, founded in 2014, was still almost 99 million euros, which they were able to increase significantly this year. Tim Thabe, CEO of Creditshelf, says he is very "proud" to have already reached the "magic mark of 100 million euros, where historically the strong months are still ahead. This illustrates that alternative financiers like Creditshelf play an important role in the SME lending industry and their importance for SMEs continues to grow."

Creditshelf was founded in Frankfurt am Main in 2014 and provides loans to German SMEs. Since 2018, the company has been listed in the Prime Standard of the Frankfurt Stock Exchange, but the share price has not really been able to develop happily since then. In 2018, this was still over 80 euros per share, now it is not even 50 euros that shareholders get for the paper of the financier.