Bank Meets Digital Lender: Ascory Bank's New Facility for Teylor
A new facility for SME lending
Ascory Bank has structured a new financing facility for Teylor. It adds lending capacity for small and mid-sized companies in Germany, the market Teylor has served since it was founded in 2018. Credibur is part of the structure and live with the transaction.
Teylor today
Teylor started as a digital lender to German SMEs, focused on working capital loans of up to about one million euros. Applications run online, pricing is automated, and approved loans pay out within a couple of days.
The last two years changed the size of the business. Teylor acquired creditshelf in 2024, which brought larger SME clients and an experienced sales team. In 2025 it took over grenke's entire factoring division, close to a billion euros of annual factoring volume, and with it operations in the UK, Ireland, Poland and Hungary on top of Germany.
That is a lot of integration work for a lender that still has to underwrite cleanly every month. It also needs funding that keeps pace with the book. Teylor has been raising debt facilities since 2023, and Ascory Bank is the latest partner.
Why a bank funds a digital lender this way
Ascory Bank is a Hamburg-based bank that spent 2025 repositioning itself as a specialist in structured finance and took its current name in January 2026. Fintech lending is one of its focus areas, alongside energy transition and leveraged finance. With Teylor, the bank says it wants to support further credit growth and make financing easier to reach for SMEs.
The model is straightforward. The digital lender finds the borrowers, underwrites them and services the loans. The bank provides capital through a facility rather than lending to each company itself. Patrick Stäuble has made the point publicly that bank capital and lending technology complement each other, and that it is a mistake to assume non-bank lenders mainly serve weaker borrowers.
For the bank, the facility turns thousands of small loans into something it can underwrite as one exposure, with eligibility criteria, an advance rate and regular reporting. More German banks are moving in this direction, as we described in SPVs in Lending: Why Banks are Increasingly Investing in Portfolios.
What these structures need to run well
A facility like this only works if everyone in it is looking at the same numbers. The bank does not see each SME loan as it is written. It relies on the loan tape, on checks that each loan meets the agreed criteria, and on cash arriving where the reports say it should. The originator has to produce all of that on schedule while running its actual business.
That gets harder as a lender grows across products and countries, which is exactly where Teylor is now. The facilities that hold up are the ones where data moves between the parties directly and on a set rhythm, instead of through spreadsheets assembled at month end. We wrote more about that gap in How Credibur Solves the Operational Gap in European Debt Facilities.
On stage in Paris
Patrick Stäuble and Daniel Niebuhr of Ascory Bank are presenting the partnership as a live case study at What's Up Digital Lending in Paris on 24 September, under the title "Bank Meets Digital Lender". Nicolas Kipp and Natalie Schleiz speak for Credibur on the same day. Our talk is written up in The Control Gap.
Congratulations to Patrick Stäuble and the Teylor team, and to Daniel Niebuhr and the team at Ascory Bank.