Lending rules have been changing over the years and each bank has tried to offer different regulations that benefit the institution more than the borrower. However, most of the changes that have come to the industry have not injected a positive effect, reason many borrowers have shifted their attention to alternative lending options available in the market.
In recent developments, banks increased interest rates together with tightening their regulations for lending to cut a huge number of borrowers who cannot qualify for loans according to the criteria introduced. With these frustrations among borrowers, companies like Equities First Holdings have come through with safe options that have allowed average borrowers to access funds necessary to cater for their projects.
In addition to the fact now people can access credit easily through stock-based lending, there are other benefits that are attracting more borrowers. Such include the fact one can access loans without necessarily having to spend much time looking for documentation or trying to prove they can repay. Stock-based loans are issued against stocks and that is the only thing you need to access credit.
Most importantly, interest rates issued against stock-based loans don’t change over time. This is regardless of the economic situation because with conventional loans the interest can change due to inflation and other factors in the market. Additionally, those who choose stock-based loans enjoy the non recourse feature that allows them to opt out without restrictions.
Equities First Holdings, LLC
Equities First Holdings, which has been operational since 2002, is a leading company that has specialized in the issuance of credit among people looking for quick cash to finance small projects. The company offers a seamless process that includes attaching one’s stocks as collateral when getting the loan.
In addition to offering quick access to credit, Equities First Holdings allows members to enjoy good interest rates coupled with the fact the system is flawless and friendly. The company has received a huge number of applications since different banks increased interest rates and they have grown into an international entity in the financial industry, establishing more offices in other countries like Australia.
For more details Please visit http://www.equitiesfirst.com/