Sometimes business goes sour for a while. Things like the weather, international events, and a sluggish economy can make cash flow tentative in a small or medium-sized business. If you own such a business and some stocks to boot, you might consider asking for a loan on equities during a slow time or an emergency.
You can ask your local banker about a loan on equities, and they will usually tell you that they will make a loan on stocks. Any conventional lender, it seems, will make a loan using equities as collateral.
But then you find out the way it has to be done. First of all, they will lend against only 40% of the value of the equities. After that, they will tell you that there are some equities that can not be used as collateral because government regulations will not allow it. Then they will tell you that the interest rate will be very high due to the nature of the collateral, and to make matters even more insulting, they will want a business proposal to let them know the purpose of the loan. The worst part is, it will take a while to get the loan together.
You may as well simply sell the stocks.
Not so! See Equities First AU before you make a rash decision. They will lend up to 80% of the value of the equities. They are a private company, so they do not have to abide by the government regulations that control institutional lenders and banks.
They will not ask for you to give them a proposal describing the purpose of the loan. They will charge a much lower interest rate. And the funding is right away. There was no reason to ask the conventional lenders in the first place. It is far wiser to see Equities First first.
https://beta.companieshouse.gov.uk/company/08120457 for more .
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.
Equities First Holdings (EFH) is a global lender and alternative investment powerhouse. EFH was founded in 2002 and specializes in giving loans to businesses and individual investors. Equities First Holdings also supplies capital against publicly traded shares globally. Equities First Holdings has its headquarters based in Indianapolis, Indiana and have a satellite office in New York City.
Being a global company, EFH owns subsidiary companies world over, the most notable of all being EFH Hong Kong Ltd, EFH London Ltd, EFH Australia Ltd, and EFH Singapore Ltd. The company is famous for offering high loan-to-value at low fixed rates to its customers. In its 15 years of existence, EFH has accumulated over $1.4 billion from their transactions.
According to Mr. Al Christy, the EFH is committed to ensuring that its clients get maximum benefits from loans with minimum risk. By June last year, EFH’s loan-to-value ratio for margin loans was between 10 percent and 50 percent with variable interest rates. The stock-based loans, on the other hand, had a loan-to-value ratio of between 50 percent and 75 percent with fixed interest rates of between 3 percent and 4 percent. Borrowing at EFL is advantageous since, after the completion of the loan, all pledged collateral is returned to the borrower.
Equities First Holdings puts a lot of emphasis on high levels of customer satisfaction. It has employed quality control professionals who work tirelessly to ensure that all clients are satisfied. It is the company’s policy that every client must be well advised to get a clear understanding of its services before engaging the company in any transaction.
EFL boasts of an incredibly talented and experienced executive team led by the Chairman and CEO Al Christy. Jeff Smith is the chief managing director while Simon Moore is the chief risk officer. The director of operations is Julie LaPoint, and Vincent DeFillipo is the chief executive of EFH Asia.
https://www.linkedin.com/company/equities-first-holdings-llc for more.