Over the past decade, the consumer credit markets have changed in a number of different ways. One of the biggest ways that they have changed is by seeing a significant reduction in the amount of unsecured personal loans provided. This is largely due to increased credit and income requirements, higher pricing, and regulatory factors.While traditional banks have cut back on consumer lending, many borrowers could still benefit by taking out loans through specialty finance firms.
One of the leading specialty finance firms in the market today is Equities First. Equities First, which is based out of the United States, provides a unique type of loan. When providing a loan to a consumer, Equities First will take a lien position in the borrower’s stock portfolio. If the borrower does not repay the loan, or falls behind on loan payments, Equities First will have the ability to sell the stock to pay off the loan balance.Since Equities First has a great collateral position, they are then able to offer a loan with an affordable interest rate with low fees. These types of loans are ideal for consumers and stock investors in a number of situations. First, it allows borrowers to liquidate their stocks without actually selling them. This can have a number of tax and investment advantages. Further, it allows borrowers to take advantage of leverage, which can greatly increase their ROI.
While Equities First started in the US, the company has grown internationally. The company now has a strong presence in Europe, Asia, and other parts of North America. The company has also recently expanded their operations further in Australia and has opened a new office in Melbourne. The new office space will allow for future growth in the sales and portfolio management of the operations in the country.
Visit their official website: http://www.equitiesfirst.com/