Equity First Holdings (EFH) has made a name for itself by offering alternative financial solutions to its clients who range from individuals to corporate entities. The company focuses offering stock-based and margin loans in a financing climate that has seen traditional lenders such as banks tightening their lending criteria. This is particularly beneficial to borrowers who are in urgent need of funds but do not qualify for traditional credit-based loans.
Equity landing remains the most suitable financial option for such individuals since they can easily receive working capital. EFH’s CEO and founder Al Christy, points out that stock-collateralized loans are an inventive borrowing alternative. Such loans have a bigger loan to value ratio than traditional loans. In addition, they come with a fixed interest rate. This provides a degree of certainty throughout the transaction. These are some of the reasons why stock-based loans have gained popularity among upstart entrepreneurs and those who wish to expand their businesses.
Facts About Stock-based Loans
Christy states that for one to qualify for a margin loan, he or she must be qualified. The interest rates charged on the loans may vary between 10 and 50%. However, this depends on the lender. The lending institution can similarly choose to liquidate the collateral of a borrower during a margin call without sounding a warning. In as much as stock-based loans have been ignored for a long time, they are slowly being seen as a viable way of receiving quick funding. Companies such as EFH are upholding ethical business practices. This is helping change people’s perception towards stock-based loans.
Equity First Holdings in Brief
The firm has distinguished itself due to the provision of top-notch financial solutions. It delivers financial services that exceed the expectations of its clients. EFH is committed to providing capital, which goes a long way in helping clients to realize their professional and personal financial goals.
Since its formation in 2002, EFH has managed to complete over 650 transactions, which are valued at over 1.4 billion dollars. The firm has particularly become renowned for providing high-value loans at low interest rates. EFH has a global outlook with subsidiaries in London, Hong Kong, Australia, and Singapore.