If you are looking for a loan on equities, you might want to consider a few things first. Equities — that is, stocks and bonds that you own — have values that change all the time. As the market fluctuates, so do the values of your equities. Most, however, slowly rise in value, and if they are good investments, retain value and pay dividends as well.When you go to a lender to ask for a loan using these equities as collateral, they will eventually lend the money — only after certain conditions are met, which may take some time. They will give you a high interest rate, low loan to value ratio, and will want a business proposal drawn up to let them know how the funds will be used.
Why not just go to Equities First US, first? They are not interested in seeing your business proposal. What you do with the funds is of no interest to them, because the equities are collateral for the loan, not your plans for the business.Their interest rate is lower by several percentage points than conventional lenders, and they have a much higher loan to value ratio, as much as eighty per cent.
Conventional lenders are stagnated by rules, regulations, and policies. Equities First US is a private lender, so they don’t answer to governments or stockholders. They are responsible to you, their clients, and to themselves.When you are faced with an emergency situation and need funding right away, go see Equities First. There is a reason they have that name.