The creditshelf platform is used to select suitable credit projects, analyse the creditworthiness of potential borrowers, and provide credit scoring as well as risk-adequate pricing. FIBR is a digital bank for entrepreneurs and offers business borrowing, such as business mortgages and credit facilities, with interest from 3% on amounts from EUR 250,000 to EUR 5,000,000.
FIBR Bank is doubling its investment volume for the granting of loans to small and medium-sized companies on creditshelf's platform from EUR 60 million to EUR 120 million. According to a FIBR Bank representative, by expanding their existing partnership with creditshelf, the company is strengthening its presence in Germany and addressing the need for borrowed capital in medium-sized companies.
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