Equities First Holdings Sees a Growing Trend Among Borrowers Who Use Stock as Loan Collateral to Secure Working Capital
Equities First Holdings is an alternative loan provider that issues loans using stocks as the main collateral. For the company, nothing gives them more value than working to meet the needs of their clients during the harsh economic crisis. Since the enterprise was incepted, it has completed more than 2,000 transactions. For this reason, they have also issued more than $2 billion to their clients for the last one decade. In 2002, Equities First Holdings was founded by Al Christy to become the best company in providing loan products to their customers. When Equities First Holdings was incepted in the United States, it determined to create a presence in all parts of the world. For this reason, it is now worth more than $40 million with offices in all continents of the world. Its main offices include South Africa, the United Kingdom, Canada, Bangkok, Hong Kong, Singapore, Sydney, and Australia.
During the harsh economic crisis, banks and other credit institutions have their loan qualification procedures highlighted. As a matter of fact, they increase their interest rates to scare away most of their new applicants. For this reason, they end up looking for other innovative ways of securing fast working capital. For those who do not qualify for the credit-based loans, you might consider the use of stock-based loans provided by Equities First Holdings as the best company in this category.
While banks are cutting down the lending capabilities, many other options still exist for the stock-based loan seekers. Al Christy is the Founder and CEO of Equities First Holdings. Since he founded the company, he has majored in the issuance of loans using stocks as collateral. While many people consider that margin loans are similar to stock-based loans, they have a marked difference. Margin loans require you to state the use of the credit to qualify. However, stock-based loans don’t require you to state the intended use of the loans.
You can also meet their team: http://www.equitiesfirst.com/team to learn more about them.