Equities First is a holdings company that provides alternative lending solutions. The company is located in London in the UK. It is a subsidiary of Equities First Holdings LLC. The firm is regarded as a pioneer in stock-based lending as a result of their many years of experience in the field. Their clients mainly comprise of businesses and wealthy individuals. Equities First offers an explicit transaction process to clients to help them get access to funding promptly. They have been in operation for more than 15 years and have been involved in more than 700 transactions. The company has expanded operations and is in several countries around the world including Australia and Singapore.
The stock loan that they offer uses equities as the collateral for the loan and runs for a fixed amount of time. The lending solution is innovative since a borrower does not have to liquidate his shares in a company if they are looking to access funds. The borrower is also assured of security since they get 100% of the market value upon maturity of the loan.
This model allows Equities First to offer better loans at lower interest rates compared to those offered by other institutions. The interest rates on the loans are fixed and go to as low as 3% which is below the market rate. The firm also provides high loan-to-value ratios which go as high as 75%. The lending solution that they offer should be the default for most people who have shares in publicly traded companies because of the many benefits it offers. Equities First has an efficient process in place and clients can expect that they will get access to funds within a week. Their commitment to efficiency means that they guarantee a response within 24 hours.The loans are non-purpose which means that the money is used at the discretion of the borrower. This is unlike other loans which require the funds to be used for specific reasons. Only the agreed upon interest payments are made throughout the lifetime of the loan. The loans are non-recourse. The lender only recovers the amount approved in the collateral pledge.