Equities First is a specialty finance firm that provides a unique form of financing. The company, which was first introduced over ten years ago, provides loans to consumers and small businesses, which are secured by stock portfolios. This type of financing comes at a time when most consumers have no longer qualified for traditional consumer loans due to tightening of credit standards by traditional banks.
Since they were first established over ten years ago, Equities First has funded over $1 billion worth of loans. To date, the company has completed the majority of its business in the United States and parts of Western Europe. Borrowers of their loans find a number of different advantages that come with stock-secured loans.
One of the main advantages is the fact that it allows a borrower to take advantage of leverage. When taking out a loan against their stock portfolio, a borrower is able to use the loan proceeds to buy more stock. Since the interest rates on the loan are very low, this can provide a great way to earn a great overall return on investment.
While Equities First has a strong presence across the United States and Europe, one of the fastest growing regions for the company is in Australia. The company, which only started operating in Australia a few years ago, is already looking to expand their space. The company is now looking to open a new office in Melbourne, which will have space for several dozen employees. Space will likely be used for sales space, asset management, operations, and compliance. The company is also considering opening more space in Sydney and regional offices in other areas of the country as well.