Many people were in the dark concerning the benefits of stock-based loans before Equities first holdings came into being. The company in just 14 years has created so much awareness about this type of loans that the demand for them increases in unbelievable dimension every year. Today, the company has offices in major cities in the world including Bangkok, Hong Kong, London, and Sydney although the headquarters remains in Indianapolis, Indiana, USA. Completed transactions of EFH stand at 695 worth beyond $1.4 billion.
The awareness created by EFH is not just through adverts or any form of publicity. It is chiefly through services rendered to clients. These clients already had experience with margin loans, so they were exceedingly impressed by the superior advantages they derived by applying and receiving stock-based loans from EFH, advantages that are simply irresistible.
Just as with a conventional loan from a bank, a borrower of a margin loan must be pre-qualified and may be mandated to spend the loan for a specific purpose. Borrowers should expect 10 to 50 percent loan-to-value ratios with interest rates unfixed. In the event of a margin call, the lending firm has the power to liquidate the borrower’s collateral.
Stock-based loans on the other hand requires 50 to 75 percent loan-to-value ratios with interest rates fixed between three and four percent. Restrictions do not exist on loans, giving the borrower the privilege of using the money for just any purpose. The non-recourse feature of most stock-based loans allows borrowers to walk away with no further obligation except the forfeiture of the stocks used as collateral even in situations where there is a fall in stock value. Read News Here.
Many persons and businesses crying under the weight of margin loans have been greatly relieved with the discovery and patronage of stock base loans. In other words, EFH over barely a decade has saved many businesses from unredeemable collapse through the issuing of stock-based loans.