Equities First Holdings is a global private limited company founded in 2002 by Al Christy Jr. to provide lending services to businesses and individuals for investment purposes. The headquarters of Equities First Holdings is based in Indianapolis with a branch office in New York. There are nine other offices of the company in other countries namely; London, Hong Kong, Singapore, and Australia.
The executives of the company are Mr. Al Christy, Mr. Jeff Smith, Ms. Julie LaPoint, and Mr. Joe McCarthy as the President, Managing Director, Operation Manager and Head Trader respectively. Equity First Holdings offers an alternative loan to clients who are in need of a quick loan to raise capital or those who don’t adhere to the accepted standards of credit-based loans. Banks and other lending companies have tightened lending protocols making borrowers turn to Equities First Holdings for more convenient loan services.
Equity First Holdings offer stock-based loans with the non-recourse feature that allows borrowers to get loans even when their assets value depreciates. Borrowers are privileged to get free stock-loans with interest rates ranging from three to four percent. The stock-based loan is unpopular among borrowers because some dishonest lenders fail to return stock taken as security for the loan. Therefore, Equity First Holdings have created a business environment full of integrity, accountability, and transparency to its clients. The institution’s mission is to offer the maximum benefit with the minimum risk to customers. The conditions provide a unique loan process that is straightforward and secure.
Currently, Equity First Holdings has a newly refined quality deals on loans to its clients. Any shareholder can hand out their shares to Equity holdings as security for the loan. The borrowers repay in two to three years with an interest rate of three to four percent per annum. After the repayment, one gets back all the shares.