Do You Need Some Money For Your Business?

If you own equities, you may be able to get a loan on those equities for your business. If you take a list of the stock you own to your banker, they will be glad to tell you what they can do for you.

They will lend up to 40% of the value of the equities. That is not much, considering the fact that you can get 100% of the value if you sold them.

They will tell you that there are certain equities that the can not use as collateral. The government forbids it. This is especially true of conventional and institutional lenders. They will lend that 40% at a very, very high interest rate, after seeing a business proposal describing the use of the proceeds of the loan. And the loan will take a while.

You would be better of selling the equities and proceeding from there. But, there is one other avenue to see, first.

Go to Equities First, AU. They will lend up to 80% of the value of your stocks. That is a good start. Also, they can lend against any equity there is, since they are not an institutional lender and are not beholden to the same government regulations. Their interest rate is much, much lower than just about any others. It is sounding better already, right?

They do not want to see a business proposal. You do not have to waste your time writing a proposal to describe your use of the proceeds of the loan.

And! The funding will be right away. It looks like you have found a winner: Yourself! Since Equities First and You are a win-win situation, see them first!