creditshelf announces the launch of a diversified loan fund providing senior financing to SMEs in Germany

Frankfurt am Main (ots) - creditshelf Aktiengesellschaft, a pioneer in online
SME financing in Germany, launches a diversified debt fund for institutional
investors supporting German SMEs. The European Investment Fund (EIF) will be a
cornerstone investor, using resources from the European Fund for Strategic
Investments (EFSI), the main pillar of the Investment Plan for Europe, or
Juncker Plan.

The European Investment Fund (EIF) makes a cornerstone investment of EUR 30
million in the creditshelf Loan Fund, a diversified loan fund providing senior
financing to SMEs and small-mid-caps in Germany originated via the German online
lending platform creditshelf. The fund is a close ended private debt fund
available for qualified investors that seek exposure in this asset class. The
fund target size will be up to EUR 150m, targeting to invest in more than 150
loans to German SMEs. The fund will invest through the platform alongside
creditshelf's existing institutional investors. As a result, creditshelf's SME
borrowers will profit from increased funding.

creditshelf is the first online lending platform specifically focused on the
German market that EIF supports. The EIF subscription follows a thorough
commercial and risk review process during which the EIF and creditshelf shared
expertise in private debt and online direct lending market dynamics. Under the
new investment programme for debt funds created within the Juncker Plan, called
the "Private Credit Tailored for SMEs", the EIF seeks to invest in diversified
pools of SME credits supporting its mandate to foster a functioning capital
market across the European Union helping to propel the transmission mechanism of
funds flowing into private credit markets.

European Commission Vice-President Valdis Dombrovskis, responsible for the Euro
and Social Dialogue, also in charge of Financial Stability, Financial Services
and Capital Markets Union, said: "Small and medium businesses are the main
drivers of the EU's economy. We need to nurture and sustain them using all means
at our disposal. Thanks to this EIF investment under the Juncker Plan, 150 SMEs
in Germany will have the opportunity to apply for financing to grow their
businesses."

EIF Chief Executive Pier Luigi Gilibert said: "Through its diversified debt
fund, creditshelf will provide innovative non-bank finance solutions to SMEs
based on swift deployment and a flexible approach. Our cooperation with
creditshelf - with the support of the Juncker Plan - demonstrates Europe's
strong commitment to improving access to finance for small and medium sized
businesses in Europe. This will also help to strengthen the alternative private
credit market in Germany, which is still lagging behind compared to some other
EU economies."

"We are very glad to welcome the EIF as an additional investor providing credit
funding to our SME clients. Convincing a renowned investor like the EIF
demonstrates the quality of our platform and our data-driven credit selection
and origination process", explains Dr. Daniel Bartsch, creditshelf founding
partner and COO. "We expect a significant pull effect on additional prospective
investors thus boosting our institutional funding base", adds creditshelf CFO
Fabian Brügmann.

About the Investment Plan for Europe

The Investment Plan for Europe, known as the Juncker Plan, is one of the
European Commission's top priorities. It focuses on boosting investments to
create jobs and growth by making smarter use of new and existing financial
resources, removing obstacles to investment and providing visibility and
technical assistance to investment projects. The European Fund for Strategic
Investments (EFSI) is the central pillar of the Juncker Plan. It provides a
first loss guarantee, allowing the EIB Group to invest in more, often riskier,
projects. The projects and agreements approved for financing under the EFSI so
far are expected to mobilize almost EUR 439.4 billion in investments and support
around more than one million start-ups and SMEs across all 28 Member States.

About the EIF

The European Investment Fund (EIF) is part of the European Investment Bank
group. Its central mission is to support Europe's micro, small and medium-sized
businesses (SMEs) by helping them to access finance. EIF designs and develops
venture and growth capital, guarantees and microfinance instruments which
specifically target this market segment. In this role, EIF fosters EU objectives
in support of innovation, research and development, entrepreneurship, growth,
and employment.

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.

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Press contacts:
EIF:
Christof Roche
c.roche@eib.org
tel.: +352 43 79 89013
Mobile: +32 479 65 05 88
Website: www.eib.org/press
Press Office: +352 4379 21000
press@eib.org

Further information:
creditshelf Aktiengesellschaft
Birgit Hass
Head of Marketing and Communication
Mainzer Landstrasse 33a
60329 Frankfurt
Phone: +49 (69) 348 77 24-13
birgit.hass@creditshelf.com
www.creditshelf.com

Press and Public Relations:
Thöring & Stuhr
Kommunikationsberatung GmbH
Arne Stuhr
Managing Partner
Mittelweg 142
20148 Hamburg
Phone: +49 (40) 207 6969 83
Cell: +49 (177) 3055 194
arne.stuhr@corpnewsmedia.de

Investor Relations:
creditshelf Aktiengesellschaft
Fabian Brügmann
CFO
Mainzer Landstrasse 33a
60329 Frankfurt
Phone: +49 (69) 348 77 24-27
ir@creditshelf.com
www.creditshelf.com

cometis AG
Maximilian Franz
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (611) 20 58 55 22
franz@cometis.de
www.cometis.de

Original-Content von: creditshelf, übermittelt durch news aktuell