Ebor Capital – a "new breed"of lender

Dec. 1, 2012
It has been recently reported that radical measures could be introduced to give the Bank of England the power to impose LTV caps on property loans to prevent another economic crash. This would be a further setback to an industry almost strangled through lack of finance, comments Ebor Capital.<br> <br> Ebor Capital says that it is a new breed of lender which has been created to provide residential development finance to housebuilders, offering conventional senior loans but stretched up to 65% of GDV/85% costs. Director Tim Noble (pictured) has more than 25 years of direct banking experience in funding housebuilders and has recently joined Ebor to spearhead new business.<br> <br> Noble says: "The lack of traditional bank finance creates an opportunity for Ebor to work with experienced developers who have a proven track record and who are looking to spread their equity further to take advantage of these opportunities" <br> <br> www.eborcapital.com

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