Equities First Holdings is a financial services company that provides stock-based lending solutions to institutions and individual borrowers. The capital lender was established in Indiana in 2002. The company has steadily grown to a global presence including offices in the US, UK, Hong Kong, Singapore, and Thailand and many other global offices.Equities First South Africa, the firm’s branch in South Africa, is setting the pace with alternative lending solutions in the country. Borrowers are increasingly looking for contemporary sources of funding that are quick, flexible and affordable. Equities First is a pioneer of stock loans in the South African loans market. The firm empowers investors with customized solutions that enable quick access to funds.
The process is simple and straightforward. Your stock portfolios are held as security for the loans provided. Once you present proof of ownership of the securities, an evaluation is carried out and a loan proposal drafted. Your collateral is held in a custodian account. The loan funds are then made available on the next day. The loan is charged a low, fixed interest rate.The disbursement of borrowed funds is quick. The securities are transferred back to the borrower one-time upon maturity of the transaction. The loan is protected from market volatility that may affect the value of the securities held as collateral. The securities held as collateral are kept in safe custody away from excessive or reckless trading and third parties.
Equities First provides a quick way to obtain non-purpose loans. It is an excellent option for institutions and individuals looking to avoid the red tape associated with traditional lenders. The loans are non-purpose and non-recourse. This means you are not required to declare the intended use of the funds. Additionally, the loan liability is limited to the value of the securities held as collateral without attracting penalties on default.