You might own stocks and bonds or some other type of equity that is traded on the stock exchanges. At the same time, you might be trying to get a loan for your business.
Did you consider an equity loan? Yes, it is possible to use those equities as collateral for a loan. If you own a business and are in need of immediate cash, an equity loan would be of particular value to you and more information click here.
If you try a conventional lender, you will find that they have a myriad of regulations that pertains to equity loans. They will need a financial statement from you, and a business plan to let them know the purpose of the loan. On top of that, they can only lend a small loan to value ratio, at a very high interest rate. Even worse is the fact that there is some government regulations that tell them which equities they can take as collateral.
That kind of defeats the purpose of the ’emergency’ loan, right? It will be at a high interest rate, with low funding for a lot of value.
Try First Equities US. They will lend at a ratio as high as 80% of the value of the equities, unlike conventional lenders.
They will not ask the purpose of the loan, and they do not want a business proposal. Their interest rate is much, much lower than conventional lenders. They are a private company, not a bank or conventional lender. They are not subject to the same regulations as conventional lenders and contact the company.
Now you see where Equities First US got its name. Try them first!