Equity first Holdings lists under the financial industry. At the start of the year 2002, an individual by the name Al Christy identified an already existing need in the financial market. After further research, he saw that there was a particular class of wealthy individuals and organizations that couldn’t get funds through the conventional methods. To satisfy that need, he founded Equity First Holdings. His primary goal when forming this company was to provide solutions and money for this special class of people who were in need of non-purpose capital. The company’s practices are entirely independent of the government institutions. It’s a global company and has offices in London, Hong Kong, Bangkok and in other continents. However, the headquarters are still in Indianapolis where it was first set up.
Through a transparent and a most secure process, a customer gets’ presented with the terms. After agreement, the customer can therefore receive the loan based on available stock or assets. Equity First Holdings has a history of prior transactions that have been done flawlessly. The company has conducted over six hundred transactions since its inception. The deals are worth more than 1.4 billion dollars. Its dedication and transparency in processing it deal have attracted and gained favor among borrowers. In the recent months, the company has registered a massive increment in customer levels. The company seeks to provide clients with loans at a constant low fixed rate.
Conventional lenders do not offer better terms and conditions for these kinds of borrowers. However, wealthy individuals and enterprises in need of non-purpose capital are always knocking on their doors. Constant rejection from these conventional lenders has shifted borrowers to Equity lenders. As a result, equity lenders have registered an overwhelming number of borrowers.
It is a requirement from banks that a borrower must satisfy certain conditions to qualify for a loan. The bank’s interest rates also keep on changing and in most cases on the higher end. It’s noted that they do determine how the credit gets used. Records have shown that banks do liquidate customer assets to cover their interests. With Equity lenders, a recourse feature, allows the borrower to walk away from the deal. The company also guarantees an interest rate that is fixed. And in the case of equity lenders, customers can use the loan in such a way as they wish.
All kind of deals involving money has risks, and it is, for this reason, Equity First Holdings employ the advice of trade regulation institutions. This way, they can make sound decisions when giving out loans.