New OSL Partnership Sees Equities First Holdings Expanding into Digital Assets

UK – People
familiar with the financial industry have almost certainly heard of
Equities First Holdings.
Headed by CEO Al Christie, this is a company known for providing
unique and trustworthy loan products to businesses seeking capital to
fund operations, expansions and other necessities.

What
you may not have heard is that EFH has recently partnered
with an Asian digital asset platform, OSL
. In mid-May, the
announcement came out that OSL would become EFH’s digital asset
custodian. Read below to learn more about this and what it means for
these companies.EFH’s
Transition to Digital Assets
This
new move by Equities First Holdings signals a transition to digital
assets, which is a first in the company’s history. One of the
things that EFH does is create loans that are backed by stocks. Now,
with OSL’s help in the digital asset management sphere, this means
that EFH can broaden financial product offerings.
And
this is one of the biggest reasons why EFH chose to partner with OSL.
For the past 17 years, EFH has managed a public equity portfolio, so
they needed to bring in the experience of an investment firm capable
of handling these types of investments, a task that OSL is very well
suited to do.This
is because OSL is a subsidiary of the BC Group. As such, they provide
many digital offerings, including software as a service, custody
services to international investors, and brokerage services.Exploring
Innovative Lending through Equities First Holdings
EFH
is a company with many years of experience in developing and
providing innovative solutions to borrowers. This company was founded
in 2002, and since that time, they’ve worked under the core values
of integrity, patience and discipline. This is where the company sets
itself apart from many others in the stock-based lending arena. The
thing is, many are hesitant to pursue this type of loan because in
the past, some less than stellar lenders have employed unsavory
tactics when creating these loans.Through
hard work and strict adherence to their values, EFH has been able to
reverse this negative image and become one of the most prominent
names in the financial industry
. Today, after more than 17 years
in business, they’ve completed more than 1,000 transactions, and
they have 12 offices in major cities all over the world in places
like Bangkok, Hong Kong, the U.K., and the United States.How
Do EFH Loans Work?
These
stock-based loans are a relatively new offering that are the
brainchild of CEO Al Christy. He first saw this opportunity back in
July 2016. The loans that Equities First Holdings offers are backed
by stocks as collateral, and they’re designed to help provide
working capital to businesses and individuals looking for operating
expenses, expansion funds and other types of capital needed to push
their ventures to the next level.All
of this came in response to shortcomings elsewhere in the banking
industry. Many banks had started reducing the loan options available
to borrowers, and that created both a problem and an opportunity. The
problem was that many businesses were left either underserved, unable
to qualify for loans, or when they could qualify for them, the costs
were prohibitively high. Christy capitalized on this opportunity by
entering the market with his new stock-based offerings.EFH’s
Rise to Success
Several
factors combined have led to EFH’s rise to success. First has been
the company’s adherence to their core values, which has created a
level of trust between them and their clients not often seen in this
industry. With that, EFH is able to tailor make loans designed to fit
each borrower personally—and the process is both efficient and
transparent. New clients can walk through the process in as little as
24 hours.On
top of that, the costs and the value of these loans are hard to beat.
Where many businesses have been priced out of lending, through EFH’s
offerings, a borrower can expect interest rates between 3% and 4%,
which is substantially less than they might find elsewhere. In
addition, these loans have a fantastic loan-to-value ratio that rests
between 50% and 75%. This makes these products a great alternative to
variable rate loans and other types of products where the
loan-to-value ratio isn’t nearly so attractive.Other
News Regarding Equities First Holdings
The
partnership with OSL is a major step forward for EFH, and there is
another piece of news regarding this company as well. Recently, EFH
entered into an interesting new loan transaction with Paul Benhaim,
who is the Chairman at Elixinol Global. Elixinol is among the
forerunning cannabis companies in the United States. Together, EFH
and Elixinol have created a loan that stands testament to the types
of creative funding that EFH can offer. This new loan is backed by 17
million secured shares in Elixinol, which should prove a major boon
to the company as it seeks to expand its operations.There
are likely more big announcements to come from EFH. This is a company
that has been innovating for 17 years, which is how they’ve gone
from relative obscurity to where they are today: one of the leading
names in the financial sector.