It is said that there is no problem without its solution. The task before victim is to find out where the solution lies. Business risks as well have their solutions if we are ready to search them out. The heavy risks that accompany conventional bank loans have done more than enough havoc on lives and businesses. Many people ended up forfeiting their precious personal properties because they could not meet up with the financial obligations associated with these loans.
The huge interest rates for conventional loans remain the root cause. How do you explain paying interest which when summed up for the entire period (often 3 years) of the loan far exceeds the exact amount borrowed at the outset. Many borrowers end up defaulting in paying back as a result. You would not blame them. How on earth would they have coped having to pay staff and cover other expenses as well as the outrageous interest? The few that happen to observe their financial obligation deserve commendation, but we all know defaulter would not go scout free. The businesses of some these defaulters may fold up completely as a result. That is not all. Their personal savings and belongings may be used to offset the loans and accumulated interest. The damage it will do to their reputation may be too enormous to be quantified in monetary terms. This is where the non-recourse feature of stock-based loans gains relevance.
Only those who have had one or two experiences of what defaulting in paying back conventional loans look like will better appreciate the good work Equities First Holdings is doing through its stock-based loans. Simply put, with stock-based loans, defaulters can walk away without any financial obligation except the stocks used as collateral. In other words, borrowers only forfeit the stocks used as collateral if they default in paying back.
The non-recourse feature of stock-based loans makes business persons go about their activities without the fear of forfeiting all they have spent their whole lives to amass should they default in paying back a particular loan deal and more information click here.
More visit: http://www.equitiesfirst.com/contact