A $1 billion in transactions is performance that made Equities First Holdings (EFH) proud to announce it during a 15-year anniversary. EFH started an operation in the United Kingdom in 2012. EFH has nearly 700 transactions, and it led to offices being opened in locations in China and Australia. EFH has a popular product called equity-loan. It allows the use of stocks as collateral. It is considered a no-purpose loan; therefore, when borrower is approved, the funds can be used for anything.
An individual or business can use the loan, and most people like the loan because it offers flexibility. A good example of a business using the equity loan shows the EFH’s repayment of a loan to CEO of PaySafe Group PLC(PSG) Joel Leonoff. He used 1.5 million shares for collateral of a three-year term loan. He repaid the loan and EFH provided 9 million shares to help him reach his goals.
About Equities First Holdings: uk.linkedin.com/company/equities-first-holdings-llc