Sometimes, small businesses run into problems with cash flow. This could be due to a bad market time, weather, or some other event over which the business has no control. If the owner or head of the business owns equities, they might consider using the equities as collateral for a loan and more information click here.
Most conventional lenders and banks will lend on equities as collateral. However, there are rules and protocol that must be followed. For one thing, banks and institutions will only lend up to about 40% of the market value of the Equities First. They are also prohibited by the government from lending against certain stocks. They will want a business proposal detailing the purpose of the loan. They will lend at an extremely high interest rate.
If your loan is an emergency, you may as well forget it, because it will take weeks, if not months, to get your loan.
Maybe you should have gone to Equities First and resume him.
Equities First US also lends using equities as collateral. They will lend up to a whopping 80% of the amount of the value of the equities. They will not ask for a written business proposal describing the purpose of loan. They will have a much, much lower interest rate than the institutional lenders or the banks. They are a private company. They are not controlled by government regulations as to which loans they can or can not make. Their funding is reliable and fast, so you do not have wait for the funding like with the conventional lenders.
If you are in need of an emergency loan, see First Equities.