Equities First Holdings, LLC is also known as EFH. It is an international lender and a leader in alternative shareholder financing services. The company has been experiencing more traction in stock-based and margin loans in an economic era where banks and lending institutions have made the lending criteria tight. This is according to an article published by Marketwired in July 2016. Equities First Holdings is gaining popularity as another form of lending for borrowers who require coming up with fast capital and those who are not candidates for the traditional credit-based loans. Many banks have recently cut down their lending options, increased interest rates, and tightened loan qualifications despite the fact that there are other available options for such borrowers.
Al Christy Jr. is the CEO and founder of EFH. Christy says that loans that are collateralized by stocks are an innovative borrowing option for people who are looking for working capital. He adds that stock-based loans usually have a loan-to-value ratio that is higher compared to margin loans. They also offer an interest rate that is fixed and provides certainty through the transaction life. Christy stated that stock-based loans frequently offer a hedge since the borrower is minimizing their investment risk in the downside market. He continues to say that majority of stock-based loans comprise of a non-recourse element that enables a borrower to leave a stock loan at any time.
EFH was established in 2002. It offers alternative financing solutions and supplies capital against stocks that are publicly traded to allow their customers to meet their professional and personal goals. The company has managed to complete more than 650 transactions. It is estimated to be worth $1.4 billion. Equities First Holdings is an international company. It has offices in nine countries. The company has employed top professionals who have experience and expertise in their field of work. They offer customized services to their clients and contact it.
Going on vacation can be expensive. Many individuals are finding platforms like AirBnb to be an affordable way to go places and stay in private homes for half the price of expensive hotels. The problem with this is that many homeowners are not considering the overall risk that they are taking when they rent out rooms, or even their whole house to strangers.
Insurance is a big consideration when having an Airbnb business. The basic home owner’s policy does not offer protection for short term rentals. This may fall into a category of insurance that is in the business realm. If a claim happens and the insurance policy does not know about the short term rentals, the individual could be in jeopardy of losing their policy. Always be sure to check with the insurance company so that your home and possessions are covered before the rentals occur.
There is also the possibility that the renters could get harmed on your property, harm your property, or cause damage to a neighbor’s property. These could lead to lengthy insurance litigations and get the home owner into a whole lot of trouble. The best way to protect self and others is to check with your municipality.
Sometimes the short term rental will fall into a bed and breakfast or motel type category. The municipality may require a special permit and special insurance for everyone involved.
An individual such as Richard Blair could sympathize with the home owner for wanting to generate more capital and bring their overall home expenses down. He has worked in the wealth generation business for more than 22 years and would appreciate those who take innovative measures to raise capital. Although, as someone who has experience in the wealth sector, he would also highly recommend the individual to examine all the positive and negative aspects of financial decisions.
This policy is a back up plan for damages and issues that may occur from using their service. The issue with this secondary policy is that the individual must exhaust all other options before filing a claim through Airbnb.
The desire to find new ways to generate capital for personal financial safety is nothing new. Be sure to know all of the aspects of the venture and have the advice of an experience attorney or financial expert before jumping in.
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