Equities First Holdings are an organization of a kind since they provide lending solutions for the people that need funding for either professional or personal goals. It provides alternative lending for the people that do not qualify for bank loans due to the different regulations imposed by the bank. A majority of the people view bank lending as a rigid process and this makes them turn to alternative lending offered by Equities First Holdings. The company was established in the year 2002 and uses securities backed lending. It uses securities listed in the stock exchange as security for the loan. The company gives customers a fixed lower rate as compared to a number of banks. This makes it easier for the organization to attract clientele since they have better offers as compared to a majority of the banks. Read BusinessWire News for EFH.
There are several categories of people who would benefit from Equities First Holdings lending mechanism. First, are the clients that need capital urgently since the process of acquiring the loan is simpler as compared to banks. In this organization the key determinant is the value of securities in the stock exchange whereas in the bank a loan goes through a longer chain towards approval. Secondly, individuals and business that use stock loan as collateral can benefit from the loan as the company uses stock as security for a period of three years. People in this case can use security by transferring it to Equities First especially in cases where they anticipate the value of the stock to appreciate. The third category is people who need capital to finance their own personal goals or to pay up huge debts. They may benefit from the loan advanced by Equities First Holdings since the loans are non-purpose. visit http://newsboost.com/newsroom/marketwired/equities-first-holdings-relocates-melbourne-offices
The company is doing well for instance, in Hong Kong the organization just received money lending license in the month of December. The license will facilitate increased lending by the organization to all borrowers even those that do not meet bank lending qualifications.