Al Christy, Jr. founded the banking firm, Equities First Holdings (EFH) in 2001. Its role is to provide capital to start-up business ideas with an aim to elevate the lives personal and professional lives of their clients.
The capital is provided to beginning entrepreneurs without a typical loan qualifications is based on the stock traded on the public.
EFH is an international company that provides the money from their worldwide traded stocks. It has branches in London, Hong Kong, Singapore, and Australia.
The company has a net worth of more than $1.4 million with over 650 transactions.
EFH aims to provide high loans with a consistent low-interest rate.
EFH has an annual growth rate of 30%.Since 2012, the international staff has increased by over 50%
The bank has solid relationships with the other leading banks and legal firms globally
Equities First have maintained its lending opportunities while most banks have revised the capacity that they can lend. The loans provided are margin and stock-based loans. Equity has given a rare opportunity to entrepreneurs who cannot afford to borrow loans on credit.
Christy, the CEO, cites that stock-based loans are more convenient for ensuring working security to the individual.
He adds that while capital loans and margins loans are regularly marked as identical, there are notable differences between them. An individual who has qualified earns margin loan. There are restrictions on the decided venture for the money. The loan ratios of a margin loan vary between 50% and 10%.During the transaction period, a margin call may cause sudden termination of the borrower’s collateral. The difference with a stock-based loan is that there is no restriction on what the money. The interest rate is also variable. The loan to value ratio is 50%-75%. The borrower is free to terminate the transaction If the collateral stock is reduced
Christy noted that EFH provides an integral and transparent business relationship that adheres to advice from legal and trading firms. He encourages people to consider the stock-based loan because EFH will return stocks after a transaction’s maturity and attend to all other concerns.