Equities First Holdings, LLC is an international company that provides securities based loans to business and high net worth individuals. The team at Equities First Holdings evaluates the business and what their likely stocks and bonds risk and performance will be before making a loan. The company was founded by Al Christy, Jr., in 2002 and is based in Indianapolis, IN.
After the market crash of 2007-2008, banks around the world tightened their lending standards to a very high degree. Many people and businesses who could once qualify for a loan no longer can due to this. In order to provide them with a way to gain needed capital, companies like Equities First Holdings offer loans that are based on stock in the company. This relationship can be mutually beneficial. Equities First Holdings holds the company’s stock during the term of the loan and has the option of selling if there develops a reason to do so. The business raising capital through a stock-based loan can use the money they raise for any purpose. The interests rates that they pay are lower than what a conventional lender would offer. Also, these types of loans feature a higher loan-to-value than a typical margin loan. The loans also are non-recourse so the borrower can walk away from the loan at any time if necessary and more information click here.
Equities First Holdings has offices in London which is one of the main financial centers in the world. This office was opened in September 2014 and, as it is in London, it is close to many of the companies they work with. This location was established when Equities First Holdings bought Meridian Equity Partners Limited who was seeking to expand into the United Kingdom. When announcing the purchase, Al Christy Jr. said that this purchase was the cap to a year of solid expansion and learn more about Equities First.