Since the launch of Equities First Holdings in 2002, the firm has transacted over 100 business deals for clients around the world, ranging from highly qualified persons to global enterprises. In 2012, the company reported a growth of 30 percent and an increased growth of 45 percent in 2013. In 2013, Equities accelerated its growth through the partnership with Meridian Equity Partners, an international investment firm operating from its headquarters in London. As a result of the transaction, Equities labor force rose by 50 percent. Al Christy, the chief executive officer of Equities, stated that Equities growth is continuous due to the provision of the highly beneficial stock-based loans. He revealed that a majority of the business clients included investors, executives, enterprises and high net worth individuals who needed the cash for capital.
Equities First Holdings offers customers with stock-based loans that have a fixed interest rate of three to four percent and fixed loan to value ratio of fifty to seventy-five percent. The stock-based loans have a non-recourse nature, meaning a borrower can use the amount for any venture of choice. A client is allowed to use stock in another company as collateral to acquire a loan. Once the loan’s payment is complete, the stock is not dumped into the open market, but it is reassigned back to the borrower. In the case of fluctuation of markets during the transaction process, a client has the full right to walk away from the business deal, free of any future responsibilities arising from the dealings.
Al Christy stated the Equities ensures that it maintains a transparent and integral loan process by recruiting highly qualified legal practitioners to oversee the process. He revealed that Equities aim is to provide clients with maximum benefits of the stock-based loans so as to ensure their personal and professional goals become a reality.