Most small companies find themselves in need of working capital or modern financing at sometime of their business. They use the cash to fund short-term finance necessities such as preparing payrolls, sorting out merchants or opening another branch. Normally, the resources are used in sustaining their business operations and for future development. In such scenarios, Equities First is the dependable alternative lender; a company that is dedicated in funding potential investors who may entail SMEs and individuals. Normally borrowers who cannot qualify for bank loans find themselves acquiring stock-based loans at Equities First which come with low interest rates, high loans-to-value proportions and non-purpose and non-resource features.
Several organizations who apply for loans target to settle financial needs such as supporting receivables and clearing of orders from clients or merchants. A survey carried out recently targeted various professionals in the sector and revealed the reason firms go for loans. Nearly, 17% of bank specialists interviewed reviewed that most businesses acquire loans to free their money tied up in business receivables. Whilst 40% portrayed that majority of loan applicants look forward to acquire sufficient working capital. That is considering that; working capital is applied in day-to-day functions, to cater payroll, procurement cost, storage and managing inventories. The 19% of interviewed banks who operate closely with the institutions indicated that a larger part of borrowed loans are used for equipments while 20% goes for enhancement of business facilities or even acquiring new ones and learn more about Equities First.
The world lender, Equities First is a renowned alternative service pioneer furnishing borrowers with stock-based loans over the last 15 years. The company’s founder, Al Christy has confirmed the increased traction of borrowers at a period when traditional lenders have tightened their lending criteria. The firm applies hyper-focused techniques in making sure all borrowers are furnished with the best products every in the market and Equities First of Linkedin.