Equities First Holdings wikipedia
Founded in 2002 by Al Christy Jr. who doubles up as the Executive Chairman, Equities First Holdings is a private financial company that provides an alternative source of capital to business entities and individuals who would normally not meet the threshold or qualify for a conventional bank loan by lending finances using the lender’s stocks as collateral. The loans are not restrictive, hence the money can be used for any purpose, personal or otherwise.
What sets Equities First Holdings’ loan services apart from their competitors is not only the fact that the money borrowed can be used for any purpose by the borrower, but also the fact that in case a borrower defaulted payment, then EFH only gets to keep the collateral without seeking compensation; even if the shares depreciated. Their only security is their accuracy on evaluation of the risk and future performance of stocks, bonds, and treasuries.
Equities First Holdings is a world wide financial entity with a footing in South Africa, China, London, United Kingdom, Singapore, Australia and Thailand; where their wide range of qualified and experienced financial experts offer financial advice and consultation among other services.