In light of the current economic situations, lenders are becoming strict on their lending criteria. Even though these banks are hoarding money, one financial services firm called Equities First Holdings (EFH) has decided to understand the needs of different clients who need financial assistance by helping people who do not make it to the list of candidates who need credit-based loans. These are the same people who are faced with the need to raise money urgently but have no means. The primary difference between the other lending institutions and EFH is that the latter is a leading firm in alternative lending. Therefore, Equities is offering stock-based loans.
According to Al Christy, the head of Equities First Holdings, the bank will always help where borrowers are stuck. With his leadership, Equities First Holdings is offering clients the opportunity to obtain collateralized loans. Besides, stock-based loans help people to earn money for their businesses.
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