Equities First Holdings (EFH) is a company that made it on to the business scene in 2012. The origin was due to the acquisition. The product that receives a lot of press for is the stock-based loan. On the 15-year anniversary, EFH announced a few performance marks reached. For example, EFH has completed over $1 billion dollars in customer transactions. EFH in London completed nearly 700 transactions. The transactions from the EFH in London was enough of an influence to cause expansion globally. There are EFH’s offices in China and Australia. An example of a stock-based loan in action involved the second-ever repayment loan made by EFH.
For example, the CEO of PaySafe Group PLC(PSG) Joel Leonoff had loan term of three years. Leonoff paid his loan in full and EFH made a repayment in May 2017. Based on his terms of the loan agreement, Leonoff received nearly 9 million shares. Stock-based loans worked for Leonoff He only allowed EFH to hold of 1.5 million shares worth nearly .01 pence, and the 9 million shares received is enough to do almost anything.
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