If you own a small business, you may have encountered times when you needed a small loan from the bank for emergencies. Emergencies do occur. Weather and unsettling international events can impact businesses for a while.
If you own equities, you can obtain a loan that will see you and your business through this hard time. You can get a loan on those Equities First.
If you go see your bank or a conventional lender, they will agree to offer you a loan using the equities as collateral. They will lend up to 40% of the value of the equities, provided they are not on a list that the government has restricted. They will ask for a business proposal describing your intended use of the funds. Their interest rate will be extremely high compared to other business loans. The funding could take a while, also.
So much for emergency funding.
But wait, we are not finished yet.
If you go to see First Equities ZA, they will lend up to 80% of the value of the equities. They will not ask for a business proposal describing your use of the funds. Their interest rate is one of the lowest in the business. They have a reputation for quick funding. They are a private company, and they can lend using any equity for collateral that they desire. They are not beholden to government regulations. Shouldn’t you see Equities First ZA before looking at conventional lenders and banks? Think of the time an money you will save and read full article.