Globally recognized leader in alternative shareholder financing solutions, Equities First Holdings, LLC (EFH) recently announced an uptick in margin loans and stock-based loans. This news came during an economic client that is seeing banks and other institutions becoming more and more stringent in their lending criteria. Many banks have not only increased their interest rates, but have tightened the qualifications for a loan and are decreasing lending options for borrowers.
Equities First offers loans that are collateralized by stocks, providing an innovative way for individuals to gain access to working capital rather than burdening themselves with a traditional loan. Stock-based loans also lower the amount of investment risk due to the fact that many of these loans have a non-recourse associated with them – allowing the borrower to walk away from a stock loan, even if the value has depreciated, with no obligation to the lender.
Equities First is known globally as a secure, efficient alternative source of capital. In a time when banks are becoming more and more stringent in their lending criteria as well as raising interest rates, people are continually turning to companies providing alternative access to capital, such as Equities First. The company built its business on a rigorous code of transparency and integrity and focuses on helping clients meet their financial goals by delivering maximum benefit with the least amount of risk and read full article.
Equities first has been providing trusted securities based lending services for individual investors and businesses since its founding in 2002. Loans are provided based on the foreseen value of risk and future performance of assets including stocks, bonds and treasuries.
A stock-based loan typically has between a 3-4% interest rate and is an excellent alternative, as there are no restrictions on the loan, meaning the funds attained can be used by the borrower for any purpose.