Category Archives: Financial Services

Benefits Associated with Loans from Equity First Holdings South Africa

Securing the finances to turn your dreams into an absolute reality is often one of the most challenging concerns. The regulations by the banks are too stiff; the repayment terms are unforgiving. High interest rates are the order of the day, worldwide. However, if you are savvy and intuitive, then you will explore alternative finance options. Options like the ones offered by Equities First Holdings.

Eligibility

Practically, everyone is eligible for these loans. They are ideal for individuals and mid-sized to large scale investors. In a deliberate paradigm shift from conventions, one places their stocks as the collateral for the loans advanced. Typically, one is asked to furnish the banks with documents such as title deeds, log books, or any other security to the loan issuing bank.

In the event your shares go up, the proceeds will be remitted to you after you pay the loan plus the minimal interest. That option saves you from having to sell off your valuable shares to secure the necessary capital to chase after your dreams and aspirations.

Seven Days Wait

Another plus associated with such loans is that the borrower is at liberty to use the money advanced as they will. No rules and regulations define how you ought to utilize the loans, as is always the case with the conventional loans offered elsewhere. The slashed interest rates coupled with the non-recourse clause attached to the loans makes them the number one preferred choice for investors experiencing a cash crunch.

If you default, then-then the lender has a right to sell off your shares. They can’t touch your home or any other investments. Additionally, these loans are remarkably fast to process. Your funds get deposited into the account in less than a week.

About Equities First Holdings

This American commercial lender is a leader in providing non-purpose capital to interested applicants. Their excellent track record spans close to two decades now. The American company has continued to expand, and its services are now found in Australia and many other parts of the world.

More visit: http://www.equityfirstusa.com/

The Leading Financial Services Provider

NexBank, a regional bank based in Texas announced Mary Pirello as the president of Texas Mortgage Bankers Association. Ms. Pirrello started her one-year term on 3rd May 2016. She has more than twenty years of experience, having served in various leadership positions in her career. At NexBank, she focuses mainly on managing relationships and business development for the warehouse lending division. She has been a committee and a board member of TBMA since 2007. Ms. Pirrello was named a Future Leader where she received the J. Wooten Scholarship award in 2010. She graduated from the school of mortgage banking.

Since its inception, TMBA has served several interests of its members in an attempt to enhance, advance and preserve the real estate finance business and mortgage banking in Texas.

About NexBank

NexBank Capital is a company that offers financial services to its clients through three major businesses. They include the Mortgage Banking, Commercial Banking and the Institutional Services. It provides customized banking and financial services mostly to the institutional clients, corporations, individuals and financial institutions nationwide.

Mission

NexBank strives to give an exceptional value at every opportunity through its industry commitment and leadership to the clients. It provides the clients with unique access to custom-tailored and sophisticated solutions, delivered by qualified professionals with a proven record of success.

Services

The corporation serves the banking industry with a charter that dates back to 1922. It provides critical banking services in three platforms namely; mortgage, investment and commercial banking. This provides solutions that meet the client’s specialized and complex needs.

As part of a long-term funding strategy, the company acquired the College Savings Bank on 30th November 2015. This acquisition expanded the Bank’s balance sheet through other additional source of deposits. It also partners with other teams to determine the industries and the loan types that fit the credit risk and the purchasing criteria.