Equities First Holdings was established 15 years ago by Al Christy. Several years down the line, he is still the chairman and the chief executive officer. He has also managed to grow the business outside the United States. Equities First Holdings has other subsidiaries across the world such as Equities First Holdings Australia, Equities First Holdings London, and Equities First Holdings Hong Kong and Equities First Holdings Singapore. During this period, Equities First Holdings has managed to make over 600 transactions which have earned the company over $1.6 billion.
Equities First Holdings has specialized in offering stock-based loans in an era where banks have made it hard to borrow funds. EFH realized that banks were raising their interest’s rates and took advantage of this scenario. The good thing with doing business with Equities First Holdings is that you do not require prequalification to get a loan. Also, their interest rates are fixed and have a higher loan to loan ratio. According to the CEO of Equities First Holdings, you are guaranteed throughout the whole transaction.
Another good thing about stock-based loans offered by the Equities First Holdings is that they have a non-recourse feature. This means that a borrower can walk away from the loan any time he/she chooses. Unlike a margin based loan where the borrowed money must be used for the specific purpose, stock-based loans can be used for any purpose. Equities First Holdings cannot liquidate the borrower’s collateral in whatsoever manner. At the end of a transaction, the borrower is guaranteed that the collateral will be returned. This is unlike the past where unscrupulous lenders would refuse to return the borrowers collateral upon the maturation of the transaction. This made stock-based loans to be tainted with a bad reputation. This is one thing that Equities First Holdings has been able to address since 2002.
Equities First Holdings operates under a code of transparency and integrity. They have a mission of delivering maximum benefits that have minimum risks. The goal of this mission is to help their clients achieve their professional and personal financial goals. Equities First Holdings operates from its corporate headquarters based in Indiana, Indianapolis.
Visit http://www.equitiesfirst.com/contact for more.