You Can Get A Loan With Your Stocks As Collateral
If you own equities, you may be able to obtain a loan to help your small or medium-sized business through a tough time. Sometimes, businesses are subject to downswings because of the weather, a disaster like a fire, international events, and other things over which we have no control, like a sluggish economic downturn and read full article.
If you own equities, you can approach your bank and ask for a loan. They will want to see a business proposal stating the purpose of the loan. They will let you know that there are certain equities against which they can not lend due to bank policy or government restrictions. Then the conventional lender will tell you that they can only lend up to 40% of the value of the stocks. Funding will take a few weeks, and at a high interest rate.
Well, that is not an emergency loan. There is no reason anyone should put up their stocks for a loan at 40% of the value of them. There is no reason such high interest rates should be charged for such a loan and resume its.
Now let us go talk to Equities First UK.
They will lend up to 80% of the value of the equities, not the 40% like the institutional lenders. They will not ask for a business proposal. Your equities are good collateral for the loan, not your business. They are a private company, so they do not answer to government restrictions or stockholder criteria. The funding will be fast enough to save your business in an emergency. Their interest rate is the lowest possible and what Equities First Holdings knows.
There is every reason to see Equities First UK to start off with. Do not waste your time with the other guys. Go to Equities First, first!