Equity First Holdings is a global financial services company that is based in Indianapolis, Indiana and was founded in 2002. The company is led by Founder and President Al Christy Jr, Managing Director Jeff Smith, Operations Manager Julie LaPoint and Head Trader Joe McCarthy. Equity First Holdings provides lending services to other companies and high net-worth individuals.
Equity First Holdings specializes in alternative shareholder financing solutions. Due to tightened lending criteria, some companies and individuals have trouble raising capital quickly and Equity First Holdings is able to provide them with this needed capital through equities lending. These borrowers generally don’t qualify for conventional lending due to credit. In order to provide working capital, Al Christy Jr has said that he sees loans collateralize with stocks can be a borrowing alternative for these individuals.
These loans provide certainty as they feature a fixed interest rate and a high loan-to-value ratio over margin loans. As explained by Christy, the loans usually last for three years during which market fluctuation will always occur, so these stock-based loans provide protection against that because the borrower is reducing their investment risk. The loans also provide a non-recourse trait that lets the borrower complete the stock loan at any time. The money can be used for any purpose as there are no use restrictions on a stock loan.
Even though the economy has improved since the financial crash of 2008 there is still a great need for alternative sources of capital. To date, Equity First Holdings has successfully closed over a thousand loan transactions and is experiencing strong growth. The firm has expanded to a global presence in eight countries outside the United States including offices in London, Singapore, Hong Kong, Sydney, Bangkok, and Jakarta.
Banking and financial institutions have tightened their lending criterion. Because of this, the stock-based loan has secured a chance to grow as an alternative solution for those seeking working capital. Equities First Holdings, LLC (EFH) the global leader in providing alternative loans using stocks, has seen an increment in the stock-based loans. For this reason, banking and lending institutions have tightened their lending criterion because of the harsh economic climate in the world.
While there are numerous opportunities out there for corporations and individual investors, many banks have slashed down their lending amount. They have increased the qualifying criterion for basic loans. For borrowers that want to raise quick money for capital investment, there is a chance for them to develop a working relationship with the equities lenders. This is the best and most flexible labor loan to raise quick money in the absence of a bank loan.
The CEO and founder of EFH, Al Christy, said that the company has set aside this particular strategy to attract customers. This is the most innovative borrowing alternative for businesses and individual investors seeking financial solutions.
During a four-year loan term, there is inevitable market fluctuation. However, the stock-based loans provide the solutions necessary for anyone in need. Most of these loans have a non-recourse feature. For this reason, they allow the borrower to walk away from any point in the stock. Borrowers can keep their loan proceeds if they miss payments. They have no further obligation to lenders. Borrowers can be pre-qualified with a margin loan. They may require money be used for the specific purpose as with most banks.
Equities First Holdings financial institution provides their customers with alternative financial solutions. They supply capital based on their available stocks. They evaluate the bonds, securities, and assets to determine the amount of money to give the borrower. The company has done over 700 transactions for more than $1.5 billion. The company has offices in 10 countries in the world.