Starting a business might be challenging at times due to lack of capital. One may raise the money through their savings, contributions from family and friends and one can get financing from an investment institution as well as banking institutions regarding a loan. The investment institutions offer affordable interest rates making most of the investors going for investment institutions for funding.
Equity First Holdings is one of the leading investment institutions that noticed the gap that was there in the provision of capital and decided to fill it. Equity First Holdings offers an alternative banking solution to the individuals who want instant money for their business. The organization is providing services as well as products that opt6her banks do not provide. Some of the loans that Equity First Holdings offer include marginal loans, as well as stock-based loans and the investment institution, use the publically traded shares as collateral.
Equity First Holdings was established in 2002 with the primary reason of proving an alternative financial solution to the public. The firm is dedicated to ensuring that its clients meet their long-term goals both professional and personal. Equity First Holdings has completed more than 700 hundred transactions providing their customers with high loan value with low-interest rates.
For the margin loan, the borrower must have qualified before for a conventional bank loan and the money they are borrowing must be used for the specified reason. The interest rates on the margin loans are variable, and the borrower can expect the rates to vary while the loan-value-ratio ranging from 10-50%, and in the event of a margin call, the investment institution may liquidate the borrower’s security without giving them any notice.
On the other hand, the stock-based loans have a fixed interest rate which is usually between 3-4% while the loan-to –value ratio ranging from 50-75%. When the margin loans have a restriction on the use of the money borrowed, the stock-based loans the borrower can use the money for any purpose and have an added advantage of being non-resourceful and the borrower can walk away from the loan without any obligations even when the value of the collateral stock has reduced.
Equity First Holdings has its Headquarters in Indianapolis, Indiana and has other locational offices in London, Singapore, Perth, Hong Kong, as well as Bangkok. Since it was founded, it has been experiencing tremendous growth.