Category: Finance

Patch of Land Expands Debt Facility With SF Capital to $30 Million
Press Release Jun 14, 2017
Patch of Land Expands Debt Facility With SF Capital to $30 Million

The expanded facility fortifies the company's prefunding capabilities and the continued growth of its online crowdfunding platform.
Patch of Land Reaches 3 Key Milestones in Q1: $100M in Origination, Over $25M Returned to Investors, Introduces New Products
Press Release Mar 24, 2016
Patch of Land Reaches 3 Key Milestones in Q1: $100M in Origination, Over $25M Returned to Investors, Introduces New Products

Patch of Land (POL), a leading online marketplace lender for real estate, announced today that it has originated over $100 million in short-term loans for real estate professionals who purchase, rehabilitate and refinance undervalued residential and commercial properties. This notable milestone comes with another important statistic: the company has returned over $25 million in principal and interest to its investors, representing a quarter of the volume of originated loans.