Equities First Holdings is a growing venture which offers stock-based loans to its customers. This company focuses exclusively on giving loans to those who do not qualify for a traditional loan. This alternative lending industry is growing daily and has few lending institutions servicing it.
High-interest rates and an inability to get loans are barriers for certain customers to enter the traditional loan market and to apply for and get loans they can afford.
With stock-based loans, customers normally receive an interest rate between 3 and 4 percent. These are non-recourse loans, meaning that borrowers can walk away from the loans without any responsibility to repay.