Equity First Holdings, LLC is a company based in Indiana, Indianapolis that provides securities-based lending solutions to businesses and individual investors. The company has a satellite office in New York. It was founded in 2002 by Al Christy Jr., who is also the CEO of the company. Al Christy saw the need to provide an alternative to conventional loans as many people and institutions could not qualify for them. Banks and other lending institutions imposed very high interest rates on loans and their loan qualifications were too restrictive. He therefore took advantage of this and started providing the much-needed solution to this problem. The company has an excellent staff that provides top-notch services. It has grown rapidly over the years and now has 9 global offices. The company is built on the core values of integrity and transparency and has an excellent track record in the finance industry.
Advantages of Stock-Based Loans
Equities lending has gained popularity over the years, especially among borrowers who may need quick capital to meet their working capital needs or who find the conventional credit-based loans too restrictive. The high and varying interest rates charged on conventional loans are a strong disincentive for anyone who would have wanted to apply for these loans. The collateral required for these loans may also be very restrictive. This has made things difficult for individuals who may not be able to meet all these restricting criteria.
Equities First saw this need and came up with an efficient and reliable alternative for these borrowers. They provide loans secured on shares traded on the stock exchange. When the borrower repays all he/she owes upon maturity, Equities First returns the shares that were used as collateral. Such loans carry very low interest rates and most of them have no restrictions on what the money can be used for.
The interest rates on these loans are fixed. Therefore, the borrowers know exactly how much the loan will cost them right from the onset. With such an efficient, reliable and affordable borrowing alternative, no one has to suffer in the hands of banks and other lending institutions. Thanks to Equities First, everyone can get the funds they need without much of a hassle.
More visit: http://www.equitiesfirst.com/contact