Equities First Holdings is an international company that provides financial aid for those involved in the securities industry. Their primary target are investors that already have a relatively high net worth. They provide an alternative borrowing route since many traditional lending institutions are closing their doors to the securities lending sector due to the economic climate. They are growing rapidly with their margin loans and stock-based loans.
They are very enticing for borrowers that need their investment funds quickly. They are very unique in their market because they take stock market shares as collateral. The loans requirements and terms are much stricter than they were in the past and EFH is one of the only options out there for large scale futures lending.
About: Equities First
Stock based loans are considered to have more stability due to the borrowers ability to pull their funds out of the market with minimal losses. Three year loans can still have risk due to market fluctuations, but advanced traders will be able to get themselves out of a bad investment quickly. Loans in other industry sectors have more risk factors and uncertainty. Interest usually fixed at a certain rates of interest without any gimmicks. Typical interest rates in this market are between three to four percent.
Al Christy is their Founder and current CEO of the company. The company was founded in 2002 and they hold their main offices in Indianapolis and New York City. They also operate with clients in Europe, Australia, Asia and South Africa. The company has completed more than $1.4 billion in financial loan.
EFH has a crack team of professionals that manage lending in all corners of the Earth. Their staff includes: Vincent DeFilippo as the Chief Executive for Asia, Jeff Smith as their managing director, Simon Moore as their Chief Risk Officer, Julie LaPoint as the Director of Operations, Joe McCarthy as the Director of Trading, John Thoe as the Director of Production, Brandon Russell as the Director of Marketing & Communications, Katie Shore as the Senior Operations Manager, Mitchell Hopwood as the Managing Director, Australia and many others.