Equities First Holdings was founded in 2002 and its headquarters are in Indianapolis, Indiana, USA. It is a global private equity leader and specializes in alternative financing solutions to its clients more so focusing on stock loans. Majorly it targets high net worth persons, global financial firms, leading asset management companies and directors of publicly traded companies. The company’s equity loans use client assets as the collateral for a fixed period.
The loans are non-purpose meaning that customers are free to invest in anything they are interested in and if the value of the equities appreciates the client retains a 100% of the value upon maturity of the investment. To date, the firm has expanded its operations to Australia, Singapore, Thailand, United States of America and the United Kingdom and it has executed over 700 transactions globally.
The success of the company has been attributed to offering innovative borrowing facilities to individuals and businesses seeking working capital. Stock loans exhibit a higher loan- to-value (LVR) ratio as compared to margin loans and offer fixed interest rate hence providing certainty to clients. In 2014, Equities First Holdings acquired Meridian Equity Partners Pty offices and continued its operations as Equities First Holdings (Australia) Pty Ltd.Following the acquisition; the firm relocated its offices to centralMelbourne, Level 2, 287 Collins Street, Victoria 3000 hence making it more accessible to its clients.
Mr. Mitchell Hopwood, Managing Director for Equities First Holdings (Australia), noted that the relocation would enable the firm to meet the growing clientele base and also offer it employee’s room for expansion. Equities First Holdings has three branches in Australia namely in Sydney, Perth, and Melbourne. Over the years it has been in operation, the firm has transacted deals worth over $ 1.4 billion, and it continues to attract clients with publicly traded stocks to enable them to meet their business, professional, personal and financial goals.
Dallas Neighborhood Homes is a mortgage provider that operates in Dallas, and it offers affordable homes in the areas. The nonprofit mortgage provider partners with Dallas Area Habitat for Humanity. The organization recently announced its partnership with NexBank that aims at providing affordable housing loan program. The objective of the collaboration with NexBank is to provide more than 100 loans annually to families in southern Dallas over the next five years. The loans will be of great impact to low-income residents in southern Dallas.
NexBank Partners with Dallas Neighborhood Homes To Expand Affordable Home Ownership in Southern Dallas
NexBank SSB is a regional bank based in Dallas. The bank offers up to $50 million in the form of loans with the aim of supporting the expansion of the program by Dallas Neighborhood Homes over the next five years. Dallas Neighborhood Homes intends to use the proceeds to lend low-income people.
Dallas Neighborhood Homes will also provide counseling services to prepare people for home ownership. They will achieve that through financial counseling services offered by Dallas Area Habitat for Humanity. NexBank will also pay the title fees for closings completed via its affiliate. The bank will also pay $2,000 in closing costs per loan. Mark Tribuna is the vice president of mortgage operations at Dallas Area Habitat for Humanity. Mark expressed his gratitude to NexBank for aiding in making home loans affordable.
The bank offers financial services in three primary business including commercial banking, investment banking, and mortgage banking. NexBank has customized banking and financial services available to individuals, institutions, and corporations nationwide. It also offers online banking services.
The bank has a mission that guides its operations. It is committed to its clients and providing exceptional value at every opportunity. Its services are customized to offering solutions through their team of professionals. NexBank has been serving clients since 1922, so customers are assured of proven track records of success.
Learn more about Nexbank: