After acquiring Meridian Equity Partners Limited in 2014, Equities First Holdings executed a $1.5 million two-year financing transaction with ANGLE’s Andrew Newland. The company announced that it concluded the transaction with Andrew by returning ANGLE’s 1.35 million shares. Andrew Newland is the CEO of ANGLE. Equities First Holdings (EFH) focuses on developing efficient alternative lending services for high net-worth individuals and businesses that are seeking no-purpose capital.
Equities First (London) Limited is the brand that was created after Meridian Equity Partners Limited was acquired. The Financial Conduct Authority of the UK regulates the firm’s operations. The founder and CEO of EFH, Christy Jr. said that conclusion of the transaction is a normal routine at the company. He added that the company, together with its affiliates, has a perfect record of returning clients’ collateral upon repayment and maturity. Christy Jr. contended that EFH has already completed over 700 transactions. This information was originally mentioned on Market Wired.
About Equities First Holdings
Equities First Holdings is a private non-purpose lender. It is headquartered in Indianapolis, Indiana. Since its inception in 2002, the company has been providing alternative financial solutions to clients. It has also been offering capital against stocks traded on public exchanges worldwide. Each year, the company reports growth of close to 30%. To date, EFH has posted over $1.4 billion of funding. The international company has active operations in nine countries. Some of its subsidiaries include Equities First Holdings Hong Kong Limited, Equities First Holdings (Australia) Pty Ltd and Equities First Holdings Singapore Limited.
Equities First Holdings has a unique and quick loan process that offers investors effective and swift funding. The loan process of Equities First is simple and transparent. The first step is to contact Equities First Holdings and present the information of your proposed collateral, its cost and the required funding. After analyzing your proposal and determining that you qualify, Equities First’s team determines the terms of the loan and come up with a loan-to-loan value ratio and a fixed rate of interest. If the client agrees to the terms and conditions of the loan, the agreed collateral is transferred to the client’s account. For funding, the company transfers collateral and loan proceeds into their accounts simultaneously while the client’s pledged collateral is returned in full at the end of the financing period. This information was originally reported on Equities First’s website as highlighted in this link http://www.equitiesfirst.com/