Why Equities First Holdings Leads the Lending Industry
The year was 2012 when Equities First Holdings (EFH) started down a road filled with success. The stock-based loans are tools to help EFH navigate to success. EFH’s success is clearly shown with over $1 billion in customer transactions. EFH has an office in London that was responsible for creating 700 transactions. There are nine operations around the world. For example, EFH has offices in Australia and China.
The stock-based loan has been utilized by business CEOs. Joel Leonoff, the CEO of the PaySafe Group PLC received a loan with a three-year term. Loan was for March 2014 and lasted until May 2, 2017. EFH returned shares to Leonoff once he paid his stock-based loans. He used 1.5 million shares worth nearly .01 pence as collateral. After loan term and payoff of loan by Leonoff, he received over 9 million shares. The shares were nearly 2.02 per cent of the shares issued in PSG’s share capital.