In November 2016, Equities First Holdings (EFH) announced that it had relocated its Melbourne office to the heart of the city. The global leader in the provision of alternative shareholder lending services relocated to ease accessibility by clients. According to Mitchel Hopwood, EFH (Australia) managing director, the firm relocated to give them an opportunity to accommodate the growing consumer base as well as having room for future expansion.
The new EFH office is located at Level 2, 287 Collins Street, Melbourne, Victoria 3000. Equities First Holdings will continue operations in the three Australian offices in Melbourne, Perth, and Sydney. The firm also operates offices in Switzerland, Hong Kong, Singapore, and the United Kingdom.
Services Offered By Equities First Holdings
Equities First Holdings is a leading provider of stock- based loans to individuals, investor and businesses. The Indianapolis-based firm has built a reputation for offering non-purpose loans allowing borrowers to spend the loans for whatever purpose. Since its inception in 2002, the company has seen a rapid growth to become the world leader in the provision of stock-based lending services. With Equities First Holdings, borrowers who don’t meet the tightened borrowing requirements set by banks can access loans. Equities First Holdings helps business and individuals to get quick working capital through the provision of margin loans and stock-based loans.
Al Christy, Equities First Holding CEO advises that stock-based loans offer a better loan to value ration as compared to margin loans. Since they have fixed interest rates, Stock-based loans give borrowers confidence and peace throughout the repayment period. Equities First Holdings also uses a non-recourse feature. The non-recourse feature uses assets as collateral, and thus the borrower is not engaged with the lender. As a result, the borrower can liquidate their stocks anytime to get quick working capital. Additionally, Equities First Holdings provides the borrower with capital against publicly traded stocks allowing them to cater for their financial commitments.