For over 15 years, Equities First Holdings, a London-based financial advisor has been offering efficient deals to clients. The company customers are mainly businesses and high net worth clients who are in dire need of cash. The company has over nine offices globally and has transacted over 700 success transactions and more information click here.
Equities First Holdings offer two primary service, margin loans, and shareholders financing loans. The latter involves lending loans to clients while using their shares as security. This form of credit is very efficient and has some advantages it offers the customers.
How Stock Loans Work
If a customer has stocks with a particular company, they can use it to get a loan with Equities First without necessarily liquidating their directorship. The client needs to be confident that the stock price will increase in future. Then they can transfer the shares to Equity First as collateral for a loan amount and learn more about Equities First Holdings.
The amount given is calculated by the average price of the stock for the last three days. The higher the stock price, the more cash one get. The interest rate is 3-4% and is given within a period of 2-3 years.
Benefits of Stock Loans
Compared to bank loans and mortgages, stock loans by Equities First Holding is way cheaper. Also, the customer is not limited as to what they should do with their money. In case they are unable to pay the loans within the set time, the non-recourse takes place. In this case, the Equities First retains the shares, and the customers go with the money.
The loans offered by Equities First are fast and efficient. They save the client the stress of having to look for a suitable financial lender plus all the stress of providing security. All one needs is an actual amount of shares that will gain them the amount of cash they want and resume it.
Considering their form of security, stock loans gives clients’ freedom with their cash as well as flexibility. The loans follow the modern standard methods hence ensuring they are secure and efficient. The rates are also fixed at 3% percent which is way cheaper than those of other financial vehicles and Equities First Holdings lacrosse camp.