Ignacio Yllera, Executive Director of Growth Financing at Santander CIB, says, 'We are delighted to provide NORNORM with this facility which will support their growth, expand their business and strengthen their leading position in circular workplace furniture solutions.'
Anders Jepsen, Founder and CEO at NORNORM, adds, 'With this partnership, we are enabled to accelerate our mission, to offer circular workspaces that are better for people, businesses and the planet - thereby proving that circular business models can drive exponential growth and profit.'
NORNORM offers furniture-as-a-service through a circular subscription model, helping cut CO2 emissions by up to 70% compared to buying new furniture, aiming to tap into the €201B office furniture market.
Each piece of furniture by NORNORM is maintained, refurbished, and kept in a loop, extending its lifespan in alignment with circular economy principles, benefiting businesses, people, and the planet.
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