Credion and Capsearch join forces: breakthrough in 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 speed and ease of use, but also increases the chance of successful financing for entrepreneurs. With this acquisition, we are strengthening our ambition to jointly provide more than 3 billion euros in business financing by 2025.

Arjan Buis, co-founder of Capsearch, also emphasizes the impact of this collaboration:

Thanks to the powerful synergy between our innovative advisory software and Credion's strong advisory network, we can now create a real breakthrough for entrepreneurs and real estate investors. Together, we will not only find better financing matches between entrepreneurs and financiers, but we will also remove unnecessary obstacles that entrepreneurs encounter every day in their search for financing.

Credion is part of the Hendrick Group, which also includes Fundion. Fundion offers specialized loan acceptance and management services to financiers, which contributes to a more efficient and effective financing chain. This strategic collaboration fits seamlessly with the vision of Hendrick Group: making the Dutch financing market more accessible and transparent for every entrepreneur. The acquisition was made possible in part by the financing of Finch Capital and PMH Investments.