Noble Capital held its recent State Of The Company meeting with members of it's private lender network, where it shared company financials for the 3rd quarter of 2014 as well as projections for the remainder of the year.
Our lenders are a part of our team and they challenge us and offer perspective from all industries
Austin-San Marcos, TX (1888PressRelease) November 13, 2014 - Noble Capital, the premier private lending network in Texas, held their Q3 2014 State of the Company meeting at Sullivan's Steakhouse on Wednesday, November 5, where they announced that their loan portfolio was 83.75% larger than this time last year. To view the entire video presentation of the event, please call Noble Capital at 512-492-3810.
The purpose of the event was to reveal financial performance for the quarter and detail the future vision of the company to members of Noble Capital's Private Lender Network.
"Our lenders are a part of our team and they challenge us and offer perspective from all industries," says Noble Capital Chief Operating Officer Chris Ragland. "When we draw predictions from the data, they come back the following quarter to see if we were right. Accountability and transparency are cornerstones to our program and we value the candid discussions that creates."
Noble Capital originates and services loan opportunities to its private lender network, where members are able to earn a high yield on those loans (8-10% interest) secured by Texas real estate. Through its wholly owned subsidiary named Streamline Funding, they identify borrowers that are qualified and ready to take on the responsibility of one of these types of short term real estate loans. Given the high demand for Texas real estate, due to a strong job market and continued economic growth, the Texas real estate market should continue its positive trends.
At the event, Mr. Ragland spent 20 minutes presenting to Noble Capital's members and then held a Q&A session to discuss.
"We are pleased to see so many of our Private Lender Network members join us on a regular basis," continues Mr. Ragland. "It gives us an opportunity to gather feedback directly from our lenders in a group setting where everyone can benefit from the discussion."
For more information about Noble Capital, please visit the website at http://www.noblecapital.com or call 512-492-3810.