What is Normandy?
Normandy Corporation is a licensed mortgage banker with a specialization in construction lending. Since its inception in 1985, the company has facilitated over $1 billion in loans, offering a comprehensive suite of loan products. These include residential construction loans, lot/land loans, bridge loans, and commercial loans, designed to provide flexible and streamlined financial solutions. Normandy caters to a diverse clientele, encompassing individual borrowers and builders, with a commitment to quality service and client satisfaction across multiple states.
How much funding has Normandy raised?
Normandy has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Normandy?
The substantial late-stage funding indicates Normandy is poised for significant expansion and operational scaling. This capital infusion is likely to be directed towards enhancing its loan product offerings, expanding its geographic reach, and potentially investing in technological advancements to further streamline its lending processes. The strategic nature of the recent investment suggests a focus on solidifying its market leadership and pursuing new opportunities within the dynamic construction finance landscape.
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