When it comes to finding funding for commercial real estate deals, time is of the essence. Patch of Land (POL) provides real estate developers with reliable, fast access to both accredited investors and capital. The industry-leading crowdfunding portal connects accredited investors seeking to diversify their portfolios using short-term investment properties with real estate developers in need of fast funding. State-of-the-art technology is deployed to provide greater transparency to a real estate lending landscape that has often been fragmented and inefficient in the past. Using a "Makes Sense" underwriting process, combined with comprehensive due diligence, Patch of Land is helping to revolutionize real estate lending.
Bank-Level Encryption Ensures Complete Security
Security is obviously a natural concern in the world of online lending.
Patch of Land Offers Numerous Benefits to Developers, Investors, and Communities
Loans issued by Patch of Land typically provide a 12-percent return on investment. The unique lending solution offered by Patch of Land also generates a number of other benefits, including helping to rebuild metro areas, increasing property values, stimulating local economies, and creating new jobs.
Commercial real estate developers have found Patch of Land to be beneficial because it provides a consistent and reliable source of funding. Developers are able to gain access to a large pool of capital thanks to POL's network of accredited investors and institutional investor base.
Speed to closing is also fast.
Patch of Land reports that commercial developers will often make use of the crowdfunding platform as a way to obtain bridge financing. With this option, borrowers are able to acquire properties quickly and rehab the properties as necessary in order to execute exit strategies efficiently.