Title: Noble Capital Releases 2014 Financial Results
1Noble Capital Releases 2014 Financial Results
(1888 PressRelease) Noble Capital, the premier
private money lending network in Texas, has
released its financials for 2014. Included is a
growth comparison for 2014 versus
2013. Austin-San Marcos, TX - Noble Capital, the
premiere private money lending network in Texas,
has released its 2014 year end financial results.
The following are highlights from 2014, as
compared to the previous years' results 1)
Revenue for 2014 is up 137 from 2013 2) Net
Income for 2014 is up 242 from 2013 3) Loan
portfolio size is up 98 This marks the 3rd
straight year where the loan portfolio for Noble
Capital has nearly doubled in size, and Noble
Capital expects to see continued growth in
2015. "As our loan portfolio continues to grow,
we have added personnel and software to give us
the support and reporting features we need to
manage the portfolio," states Noble Capital
C.F.O. Grady Collins.
2Noble Capital serves as the loan servicer for the
privately funded loans originated in Texas by its
subsidiary, Streamline Funding, a Texas hard
money company. These first lien trust deed notes
are written for 6-12 months and generate up to a
10 interest to participating lenders. While the
2014 financial numbers for Noble Capital looked
very strong, Chief Operating Officer Chris
Ragland projects 2015 to be even better. "We
have set ambitious goals for the upcoming year.
We continue to add infrastructure and capital to
support the growing demand for our product in the
Texas marketplace. Noble Capital anticipates
another record year as we head into 2015." For
more information about Noble Capital and its
private lender network, please visit
http//www.noblecapital.com or call
512-249-2800. About Noble Capital Noble
Capital serves as the conduit between the Lender
and the Borrower in a Private Money Loan. Noble
performs the pre-screening, underwriting and due
diligence on the borrowers their projects on
behalf of the Private Lender Network. The allure
of the Private Lender Network is the ability to
earn a simple, high quality private lending
opportunity that provides a short-term, 8-10
return secured by Texas real estate.