A global leader in shareholder financing solutions, Equities First Holdings is providing more stock-based and margin loans to the business economy while banks and other similar institutions seem to be making it harder to obtain them. Borrowers needing to quickly gain capital or who do not meet the specific criteria lenders have set, are finding that equities lending is a great alternative.
Many banks have recently severed their lending options to prospective borrowers, increased their interest rates, and even tightened their loan qualifications. However there are still options available to borrowers in the market. Al Christy, Jr. is the CEO as well as the founder of EFH and has found an innovative borrowing solution that collateralizes loans by stocks. It is available to borrowers seeking working capital and these stock-based loans often have a fixed rate, and typically a higher loan-to-value ratio than margin loans.
According to Christy, a margin loan requires a pre-qualified borrower and normally needs the borrowed money to be used for a specific purpose. The interest rates vary and the loan-to-value ratios scale form 10 to 50 percent. The borrower’s collateral can even be liquidated without any warning by the lender, should a margin call arise. But with a stock-based loan borrowers have the stability of a fixed interest rate ranging from 3 to 4 percent, with the loan-to-value ratios staying between 50 to 75 percent. There are no restrictions either, so the lender doesn’t decide what the money is used for. Also these loans are non-recourse, even if the stock should decrease.
Equities First Holdings has been providing its clients with better financing choices since 2002. They are a supplier of capital against stock publicly traded in order to allow clients to meet their financial goals. EFH has had over 650 successful transactions that is worth over $1.4 billion. This company has become successful due to the fact that it offers its customers low fixed interest rates and high loan to values.
EFH is a global company in nine countries, including subsidiaries in London, in Hong Kong, in Singapore, and in Austrailia.
about Equities First : equitiesfirst.com/team