There is no gain saying that the current global economy is characterized by all manners of uncertainties. We experience and see them everyday. In fact, you are not one hundred percent sure of what will happen tomorrow. There could be an upward surge or downturn in the economy. These ups and downs leave lending houses fearing to let go their funds in the name of loans. Even when they are willing to lend out, the criteria is often beyond many business persons and organizations. High net-worth individuals also have difficulties coping with the demands of conventional bank loans.
Another uncertainty in today’s global economy is the ever raising interest rates on loans from conventional banks. Borrowers have to be prepared for the unexpected. They are not certain about their financial obligations on loans acquired. Little wonder a good number of them end up defaulting in paying back. Most of the interest rates are simply outrageous leaving one to wonder how some of the borrowers meet up with payment. These high interest rates kill great ideas as people with these ideas never have access to capital to actualize their dreams – one factor inhibiting rapid economic growth.
Hope is not lost; stock-based loans are making up for the deficiencies inherent in conventional bank loans. At the forefront of these campaign is Equities First Holdings. In just 14 years they have revive hundreds of businesses and organizations by making available loans that only require stocks or shares as collateral. Most business persons and organization have stocks in some companies, so it is a requirement within the reach of borrowers. The non-recourse feature of this type of loan reduces the risks involved. It simply means that borrowers can walk away if they could not pay back eventually. They only forfeit the stocks used as collateral in the process and more information click here.
The low interest rates of stock-based loans make them very appealing. Business will thrive when interest rates are within the bracket of 3 to 5 percent. The rates are fixed, so borrowers are not in the dark regarding their financial obligation. Loans acquired can also be used for just any venture, no restriction whatsoever and contact it.
There is no point complaining about the shortcomings of conventional bank loans when an escape rout is available. All that is needed is to put in for stock-based loans from EFH.