How Equity First Holdings is Benefitting SME’s

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Posted by omeditors | Posted in Banking, Loan | Posted on 28-01-2017

Equity First Holdings was founded in 2002 with the objective of providing alternative lending solutions to businesses and individual investors. The company’s lending services are based on the security status of the borrowers. When clients apply for a loan, EFH employees first carry out a future performance and risk evaluation before approving or rejecting the application.

EFH has established itself as the go-to alternative lender by offering flexible financial solutions at affordable rates. It mainly offers marginal loans and stock based loans. EFH’s success has coincided with the imposition of strict lending rules by traditional lenders such as commercial banks. This has forced many borrowers to seek alternatives such as marginal loans, which EFH readily provides. Its services and products particularly target borrowers who are seeking urgent funding but nonetheless, do not meet strict lending criteria imposed by banks.

Association With Upstart Entrepreneurs

Starting a business without a steady source of funding can be quite difficult. Most entrepreneurs give up along the way due to this reason. Equity First Holdings has continued benefiting such individuals by providing them with finances to establish their enterprises. Its stock-collateralize loans have particularly gained prominence due to their notably larger loan value ratio. The company’s loans also have a fixed interest rate, something that makes them appealing to upcoming entrepreneurs.

EFH has also been steadfast in its dedication to the highest ethical practices. This has seen it abide by all regulations. The company’s objective has been to provide financial solutions that help clients to attain their financial goals. Its incomparable success is attested to by the fact that it has facilitated more than 650 financial transactions since its inception. These transactions are estimated to be worth over $1.4 billion. This has helped to establish EFH as a force to reckon within the financial markets.

Future Plans

The company has expanded remarkably since its incorporation. This is attributed to its founder, Al Christy’s far-sighted leadership. EFH has equally been making inroads into the international money markets. The implementation of its ambitious expansion strategy has led to the opening of offices in Hong Kong, London, Australia, and Singapore.

Christy points out that the company will continue offering global-scale products and services. The corporate honcho similarly hopes that his company will partner with other financial institutions to fund loans via a delivery verses payment model. All in all, the company’s exclusive approach to security-based funding means that it will allow clients to have more financial flexibility for years to come.

 

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