Alternative lenders are able to help people who cannot qualify for traditional bank loans. Unlike the underwriting requirements of traditional banks, alternative lenders are able to use collateral for securing a loan. Borrowers are able to leverage portfolio in the form of stocks as collateral for any money that they would like to borrow. Borrowers will be able to obtain between 50% and 75% of the value that their stocks are currently worth.
Because the loan is backed by stocks, customers will have a lot more time to pay the money back than they would with a traditional loan. A stock-based loan from Equities First Holdings is a very good idea because of the amount of flexibility that it will allow the user. Both businesses and everyday people are able to achieve their goals via the favorable lending practices of Equities First Holdings.
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