Equities First Holdings Streamlines the Lending Process with Equity-Based Loans
Al Christy, the CEO of Equities First Holdings, is positioning his company as an emerging industry leader. The company makes loans based on a person’s publicly traded stock as collateral. Of course, individuals have to quality for the loan, but it makes it easier for people with stressed credit. His firm’s main office is in Indianapolis, Indiana.
His firm’s loans total more than $1.4 billion with more than 900 transactions. Equities First Holdings has a spotless record for on-time funding. The loan process is seamless. Loan clients submit documents proving their collateral, and a company representative calculates a loan-to-value ratio. When the loan goes through, the client turns over their stock to EFH. The client makes payments on their loan, and receives their stock back when the loan is paid off.
Learn more: https://www.globenewswire.com/news-release/2016/07/12/1179227/0/en/Global-Lender-Equities-First-Holdings-Sees-a-Growing-Trend-Among-Borrowers-Who-Use-Stock-as-Loan-Collateral-to-Secure-Working-Capital.html