Patch of Land
PofLand is a crowdfunding solution for real estate financing that brings together borrowers and lenders through a simple online interface
- Website
- patchofland.com
- Founded
- February 02, 2013
- Location
- United States, California
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About Patch of Land
Patch of Land is a Peer-to-Real-Estate (“P2RE”) lending marketplace that matches accredited and institutional investors seeking high-yield, short-term, asset-collateralized investments to borrowers seeking more timely and consistent sources of funding for rehabbing properties across America.
Patch of Land’s goal is to solve the problem of inefficient, fragmented, and opaque real estate private lending by using technology and data-driven processes to create transparency and to efficiently underwrite projects for borrowers with real estate projects that are routinely bypassed by traditional lenders.
Patch of Land’s goal is to solve the problem of inefficient, fragmented, and opaque real estate private lending by using technology and data-driven processes to create transparency and to efficiently underwrite projects for borrowers with real estate projects that are routinely bypassed by traditional lenders.
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Patch of Land funding
Add funding round- Series A $ 23,600,000
- Debt Financing $ 125,000
- Seed $ 1,200,000
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