Credion and Capsearch join forces: breakthrough in better access to financing for SME entrepreneurs
Credion and Capsearch join forces to provide better access to financing for SME entrepreneurs.
Credion, the largest independent network for business financing, today announces the strategic acquisition of Capsearch, an innovative fintech company specialized in efficiently applying for SME financing from financiers. Together they create the most powerful independent financing platform in the Netherlands for SME and real estate financing.
The Dutch economy is locked down. SMEs, the engine of our economy, are increasingly struggling to gain access to suitable business financing. This problem is recognized in the recent National Covenant for SME Financing, drawn up under the leadership of Menno Snel. Credion and fintech company Capsearch are now working together to finally open up this financing market.
The acquisition will provide thousands of entrepreneurs with immediate better access to financing solutions, allowing them to finally fully utilise their growth potential. The combination of Capsearch's smart advisory software and Credion's strong distribution network – with more than 50 offices and over 100 financial specialists – provides a unique mix of powerful technology and local, personal guidance.
The technologies of both parties reinforce each other: where Credion already offers entrepreneurs direct insight into financing options via an online application, Capsearch's credit application software has direct links with lenders. This allows a lender to quickly and efficiently provide customised quotes.
Carlo van der Weg, founder of Credion:
"This is a turning point for SME financing in the Netherlands. Integrating Capsearch's software not only provides entrepreneurs with better access to financing, but also creates unprecedented efficiency in the application process. We can now serve our clients faster and more effectively than ever before."
The strategic acquisition represents a significant step forward in democratizing access to business financing for small and medium enterprises across the Netherlands. By combining Credion's extensive network with Capsearch's innovative technology, the partnership aims to streamline the traditionally complex and time-consuming process of securing business loans.
This move comes at a crucial time when many SMEs are facing unprecedented challenges in accessing capital for growth and operational needs. The enhanced platform will enable faster decision-making, more transparent pricing, and improved matching between borrowers and lenders.
Key Highlights
- •Strategic acquisition creating the most powerful independent financing platform in the Netherlands
- •Credion operates more than 50 offices with over 100 financial specialists
- •Capsearch specializes in efficient SME financing applications with direct lender connections
- •Combined platform serves both SME and real estate financing needs
- •Technology integration enables faster, more efficient customized quotes