People have disregarded stock-based loans as a source of capital for a long time. Previously, lenders would fail to return the stocks given up as collateral after the period or they dumped them into the public market. In the face of the existing restrictive loan qualifications and conditions in financial institution, borrowers and lenders have been forced to explore this as a financial option and Equity First Holdings is proud to say that it might be the best option for most of the borrowers and lenders and more information click here.
Equity First Holdings is a finance firm situated in Indianapolis. It provides alternative financial solutions for businesses and individual borrowers by providing capital against their publicly traded stocks. The company was started in 2002 and has since completed more than 650 transactions and raised close to $1.4 billion. Their most appealing value is that their loans have a relatively low interest rate.
Unlike the traditional loans, stock-based loans at Equity First Holdings have a lower and fixed rate of interest. Additionally, it is not restricted to a specific purpose making it very favorable for business owners who need a loan to cater for their working capital. It is also quite convenient for those who do not qualify for bank loans or do not want to suffer the various qualifications and high interest rates. Stock-based loans also give the borrower the option to walk away any time with the already made loan proceedings without having further obligations to the lender. Most importantly, this kind of loan has a higher loan to value ratio as compared to margin-based loans. The company has grown to 50 employees and nine different locations in London, Singapore, Australia and Hong Kong. Most importantly, in its 15 years of operation, it has been able to build trust with its customers and always returns the stocks offered up as collateral at the end of the period and learn more about Equities First.