Category Archives: Financial Institutions

Global Lender Equities First Holdings Sees a Growing Trend Among Borrowers Who Use Stock as Loan Collateral to Secure Working Capital

Equities First Holdings is an alternative financial source company based in the United States. Its main headquarters is Indiana. According to the CEO of the company, they have a presence in all the continents of the world through their regional offices. Equities First Holdings has offices in Hong Kong, Bangkok, London, Perth, Sydney, and Singapore. For all these unions of offices, Equities First Holdings has completed more than 2,000 transactions ever since it was incepted in the United States in 2002. For all these operations, they translate to more than $2 billion in the issue to their client companies and customers as a way of securing fast working capital. However, the company does not view the accomplishment of these transactions as any big deal. However, they view them as the continuity of business on a normal working day.

Equities First Holdings has gained traction as one of the safest ways of securing fast working capital during this era of harsh economic crisis. For borrowers seeking quick working capital, they must first look for better alternative sources of capital in a time of tough economic crisis. The Founder and President of Equities First Holdings, Al Christy, has noted that may people are looking for the stock-based loans as one of the best ways to secure fast working capital. In an environment where the banks and other alternative sources of finance have tightened their lending capabilities, Equities First Holdings as gained the favor of many startup companies and business conglomerates. Margin loans and stock-based loans are taking the day. For the borrowers seeking fast working capital characterized by the non-purpose feature during this era of harsh economic crisis where banks and other credit-based financial solution companies have tightened their lending capabilities, Equities First Holdings has gained the favor of many businesses and enterprises in the world.

While there are many options out there existing for people and businesses, there is a decreased traction on the credit-based loans because of the technical capabilities presented by the harsh economic environment. During this era, it is evident to everyone that the financial sector is in a crisis. The United States, on the other hand, is nursing the repeat of the 2008 financial crisis which hit the world on a massive scale. The situation is only made worse by the exit of Britain from the European Union. The stock-based loans are characterized by the high loan-to-value ratio that lets the user enjoy the loan with minimal interest rates.

Visit http://www.equitiesfirst.com for more.

Devco Is Optimistic About Solving Its Cash Crisis

Questions have been raised over Middlesex County Improvement Authority’s failure to pay a principal of $ 1 million and an interest of $20 million that was loaned by the Casino Reinvestment Development Authority. The loan was used in bankrolling the construction of The Heldrich. This development is a new hotel and conference center based in New Brunswick. The New Brunswick Development Corporation developed the Heldrich.

It is in 2007 that the 235-room was opened. The hotel has not been able to attract guests as per its expectations. In 2015, the occupancy rate stood at 63.5%. The hotel has been cash-strapped to the extent that it channeled part of its money, intended to expend other expenses, to pay for basic capital expenses.
The Atlantic County Improvement Authority is planning to float $ 120 million in bonds for the Gateway project. The money shall be used in developing a Stockton University satellite campus. It shall be repaid through the revenue raised from dorm-room as well as the sale of tax credits. Atlantic County Improvement Authority’s bond counsel, John Cantalupo, posited that he had reviewed the Heldrich financing and was certain that the Gateway bonds would not experience similar shortfalls. This information was originally reported on Press of Atlantic City as highlighted in the following link http://www.pressofatlanticcity.com/news/breaking/unpaid-million-crda-loan-raises-questions-about-new-brunswick-devco/article_a03318e2-dcdb-11e5-a563-67611bc7b7bc.html
About Devco
New Brunswick Development Corporation (Devco) was founded in 1970’s to revitalize the city. The nonprofit company engages in urban real estate development. Through Devco, New Brunswick has registered remarkable renaissance. To date, Devco has invested more than $1.6 billion in New Brunswick. DEVCO continues to open one project, break ground for another project and financing as well as envisioning new projects for the future. Its exceptional approach to redevelopment has enhanced the robustness of New Brunswick. This is because of the many buildings that have been developed in the past and continue to be developed into the future.

Kyle Bass and Ethical Hedge Fund Practice

Kyle Bass is a successful hedge fund manager and investor in Dallas, Texas. He hails from a Christian family in Dallas, Texas. Bass also attended Christian schools up to university level where a scholarship award gained him enrollment at Texas Christian University.

In 1992, Kyle graduated with a BA in Finance and Real Estate Finance. He went on to serve in various capacities at firms like Prudential Securities, Bear Stearns, and Legg Mason all in Dallas. By the time he decided to get into private consulting, Bass had amassed enough resources and experience and exited employment as a Senior Director.

The year 2005 brought more focus and determination for Kyle Bass as he tried to get his new firm off the ground. Hayman Capital was the name and Bass dedicated a lot of his time in his Dallas office. It would not be long till business started trickling in and the firm expanded regarding office space, employees and the accounting records.

Since then, Kyle Bass’ reputation in business and society has elevated as well as that of Hayman Capital. One of Kyle’s most notable traits is his ability to forecast economic events with accuracy and consistency. Since he founded Hayman Capital, Kyle is known to enlist the services of industrial researchers in a bid to increase his understanding of the global economy. This research enables him to speculate and forecast on impending scenarios with pinpoint accuracy.

Kyle also anticipated the global meltdown of 2008, and he took the time to warn investors in the mortgage and real-estate sector. Sadly, as Kyle Bass The Frantic Investments of a Desperate Gambler exposed, he could do little to protect these investors from the far-reaching impact of the crisis that sent shockwaves around the world. Further down the line, Mr. Bass saw the European debt crisis and went on the record as having warned relevant authorities to adjust.

The Christian background Kyle Bass grew up in allows him the freedom to point out malpractice in the investment banking sector. He has previously come out blazing at investment bankers who misuse the funds they manage on behalf of their clients. For instance, he just saved some non-accredited investors whose money was misused by United Development Fund.

The United Development Fund has since been rocked by controversy and investor arrest leading to the loss of its asset value this year. Kyle Bass conducted his research on the questionable transactions of the firm and released his report on the internet and mainstream media. He further labelled the hedge-fund as another scheme to rob honest investors off their hard earned money.

Since the information went public, the hedge fund regulatory authority that is the Securities and Exchange Commission has since taken up the matter and is undertaking further investigations.