With a squad of six flat-screen big-inch monitors carpeting the rear side of his desk, the President and Chief Executive Officer of Equities First Holdings LLC, Al Christy pays attention to the performance of several stocks he holds as collateral to the alternative loans issued. Let’s keep in mind that he is not a loan shark. For those who understand, he is a stock lender. The market investors are his unusual premise. Those who need necessary working capital are his customers. For this reason, he leads you to exchange of stocks as a better way to secure prompt financing. He lends you up to 80 percent of your stock value. However, this amount does not exceed 60 percent of the shares.
The loan terms include an attractive interest rate of three percent to five percent over the three-year loan term. The trading platform and model of the company he has modeled since inception has enabled Christy to complete over 2,000 transactions from the comfort of his office. The headquarters of the company is Indianapolis, Indiana. Market Tower is the location building, where he takes an eagle-eyed view of the sky scrapper falcon nesting and the Lucas Oil Stadium.
According to Al Christy, he wanted to become part of the center of the financial district. Therefore, he worked hard in developing Equities First Holdings LLC to become one of the largest distributors of alternative loans using stocks as collateral. Large brokerage companies including Merril Lynch, Goldman Sachs, and Sam Barney issue the stock-based loans.
However, their interests are too high for individuals to make a profit. In addition, Exchange Commission and Securities together with the Federal Reserve Regulations have them limited to issue loans up to 50 percent of the collateral stock. Therefore, Equities First Holdings LLC becomes one of the best choices for you.
In opposition, Al Christy refers to Equities First Holdings LLC as one of the best private equity companies that that is above the limitations. His customers, half of whom are come-back-clients, are both institutional and retail investors who want to secure working capital for their special reasons ranging from residential mortgages to company holdings.