DGAP-Adhoc: creditshelf AG acquires lending platform Main Funders and agrees on cooperation with Commerzbank AG

2019. április 30., kedd, 18:15





DGAP-Ad-hoc: creditshelf Aktiengesellschaft / Key word(s): Alliance/Strategic Company Decision


creditshelf AG acquires lending platform Main Funders and agrees on cooperation with Commerzbank AG


30-Apr-2019 / 18:15 CET/CEST


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Public disclosure of an insider information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse, as amended (Market Abuse Regulation - MAR)



creditshelf AG acquires lending platform Main Funders and agrees on cooperation with Commerzbank AG


Frankfurt am Main, 30 April 2019 - creditshelf Aktiengesellschaft (WKN A2LQUA, ISIN DE000A2LQUA5, stock exchange symbol CSQ) acquires the peer-to-peer lending platform Main Funders from Commerzbank AG. The platform concept of Main Funders fits in with creditshelf"s strategy of bringing potential investors together with medium-sized companies.



In this context, creditshelf and Commerzbank have entered into a fundamental lending cooperation agreement. Commerzbank will refer select loan requests to creditshelf that have so far met the profile of Main Funders.



With the potential borrower"s authorisation, creditshelf contacts the interested borrower and decides ‒ subject to the outcome of its review process ‒ whether the respective loan project will be placed on its platform. If a loan project is successfully arranged, Commerzbank in return receives a one-off commission from creditshelf. In 2019, the first year of the agreement, an executed loan volume in the higher double-digit million range is targeted.



Cooperations with banks are an important pillar of creditshelf"s growth strategy, which targets a medium-term executed loan volume of EUR 500 million per annum.






About creditshelf - www.creditshelf.com



creditshelf is a pioneer in the field of digital SME financing in Germany that arranges loans via its easy-to-use online platform www.creditshelf.com. creditshelf, which was founded in 2014 and is based in Frankfurt/Main, sees itself as a market and technology leader in the fast-growing business of digital SME financing in Germany. As a provider of SME financing, creditshelf has developed its platform to meet the financing needs of German SME borrowers through loans from investors interested in this asset class. In this process, creditshelf offers to arrange corporate loans and thus enables small and medium-sized companies to access highly attractive financing alternatives. At the same time, creditshelf offers professional investors looking for attractive investment opportunities access to SME financing. The core competencies of creditshelf include the selection of suitable credit projects, analysis of the creditworthiness of potential borrowers, the provision of credit scoring and risk-adequate pricing. creditshelf receives fees for its services from both SME borrowers and investors.




Contact:



creditshelf Aktiengesellschaft:



Investor Relations:

creditshelf Aktiengesellschaft

Fabian Brügmann

CFO

Mainzer Landstraße 33a

60329 Frankfurt

Tel.: +49 (69) 348 77 24-27
ir@creditshelf.com
www.creditshelf.com


cometis AG

Maximilian Franz

Unter den Eichen 7

65195 Wiesbaden

Tel: +49 (611) 20 58 55 22
franz@cometis.de

www.cometis.de




Commerzbank AG:



Commerzbank AG

Josefin Altrichter

Kaiserstraße 16

60311 Frankfurt am Main

Tel: +49(0)69 - 136 80209
JosefinMarie.Altrichter@commerzbank.com
www.commerzbank.de











30-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de























Language: English
Company: creditshelf Aktiengesellschaft

Mainzer Landstrasse 33a

60329 Frankfurt/Main

Germany
E-mail: ir@creditshelf.com
Internet: www.creditshelf.com
ISIN: DE000A2LQUA5
WKN: A2LQUA
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 805803





 
End of Announcement DGAP News Service




805803  30-Apr-2019 CET/CEST







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