As we develop relationships over time with repeat Borrowers, we do additional due diligence to determine if they are able to scale. It's exciting when they pass our lending criteria to do more projects.
(PRWEB) January 06, 2014
Noble Capital, the premier private lending network in Texas, announces that it has funded a $1,600,000 deal in East Austin for the construction of six new homes to be developed.
Noble Capital has funded several new construction projects in recent months, including a $900,000 Tarrytown project by Watermark, designed by Dick Clark and Associates.
Recently, Noble increased its funding capacity in order to fund the construction of six new high-end, craftsman style homes in the rapidly growing east Austin area.
Unlike other private money lending companies, Noble Capital is more likely to consider land acquisition and construction financing in the major metro areas of Texas.
"As we develop relationships over time with repeat Borrowers, we do additional due diligence to determine if they are able to scale. It's exciting when they pass our lending criteria to do more projects, and even more exciting as we see them completed in a timely manner." Chris Ragland COO for Noble Capital.
For more information on Noble Capital, please visit http://www.noblecapital.com/about/media/
About The Noble Capital Group:
Noble Capital was formed in 2004 to service and manage lender relationships. The mission of Noble Capital is to be Texas' premiere Private Real Estate Lending Platform, providing quality lending opportunities to members of our Private Lender Network.