Tag Archives: banks

Former Uber Driver Creates Cryptocurrency Banq potentially Worth Millions

MIAMI, FL, 2022-Apr-27 — /REAL TIME PRESS RELEASE/ — Meet Anade, he’s a Former Uber Lyft Driver turned Financial Data Scientist.

His company CryptoShare Banq is raising Funding on Wefunder below: Wefunder.com/Cryptoshare

The Raise closes April 30. This could be the last chance for people to invest!

Almost Five years removed from getting people from one place to another. He is now getting people to Build Wealth using Cryptocurrency with his company “Cryptoshare Banq”.

Website here: www.Cryptoshare.App

“In 2018, after I gave up Uber I made a decision to build Wealth and help others in the process.

Our Target Market is the Creditless, Unbanked, and Underbanked (over 25% of US and over 70% in Latin America).

Almost a 3rd of the World do not access to basic Financial tools (debit cards, loans, savings & checking accounts).” ~ Anade

Cryptoshare Banq launched on Feb 1, 2022. Presently the company has raised $200,000 USD and has nearly 200 Users using the CryptoCurrency Banq!

Web site: www.Cryptoshare.app

Invest here: www.Wefunder.com/Cryptoshare

All investments Close April 30 2022!

Cryptoshare Banq is a Decentralized Financial System

Media contact:

66 W Flagler Street STE 900, Miami, FL 33130, United States

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

As Banks and Financial Institutions Tighten Lending Criteria, Stock-Based Loans May Offer Some Investors an Attractive Alternative to Raise Capital.

Indianapolis, IN, USA — Equities First Holdings, LLC (EFH, http://www.equitiesfirst.com), a global lender and a leader in alternative shareholder financing solutions, is seeing more traction in margin loans and stock-based loans in an economic climate where banks and other institutions have tightened lending criteria. For borrowers who need to raise capital quickly or who may not qualify for more conventional credit-based loans, equities lending is gaining popularity as an alternative.

While some options still exist for these individuals, recently, many banks have cut their lending options for borrowers, tightened loan qualifications, and increased interest rates. Al Christy, Jr., Founder and CEO of EFH, sees loans collateralized by stocks as an innovative borrowing alternative for individuals seeking working capital. Stock-based loans typically have a higher loan-to-value ratio than margin loans and offer a fixed interest rate, providing certainty throughout the life of the transaction.

“During a typical three-year loan term, market fluctuation is inevitable, but stock-based loans provide a hedge because the borrower is lowering his or her investment risk in a downside market,” said Christy. “Most stock-based loans have a non-recourse feature that allows a borrower to walk away from a stock loan at any point, even if the stock’s value depreciates. The borrower is able to keep the initial loan proceeds with no further obligation to the lender.”

As Christy notes, some consider margin loans and stock-based loans to be synonymous. Although both forms of financing use securities for collateral, there are marked differences.

With a margin loan, the borrower must be pre-qualified, as with a conventional bank loan, and may require the money to be used for a specific purpose. The interest rates are variable and the borrower can expect loan-to-value ratios between 10 and 50 percent. In addition, the lending firm may liquidate the borrower’s collateral without warning in the event of a margin call.

With stock-based loans, borrowers can expect a fixed interest rate between three and four percent and a loan-to-value ratios ranging from 50 to 75 percent. There also are no restrictions on the loan, so the money can be used for any purpose. In addition, most stock-based loans are non-recourse, so borrowers can walk away without obligation, even if the value of the collateral stock has decreased.

“Any form of financial transaction has some risk associated with it,” said Christy, “But stock-based loans have been historically ignored as a viable borrowing option largely because a number of unscrupulous lenders have unceremoniously dumped borrowers’ collateral into the open market, failed to return stocks upon transaction maturity, or failed to address other concerns. We have built our business on a code of integrity and transparency and we rely on leading legal, regulatory, and trading institutions for counsel. Our mission is to deliver maximum benefit with minimum risk so our customers can meet their personal and professional financial goals.”

About Equities First Holdings
Since 2002, Equities First Holdings, LLC (EFH) has provided clients with alternative financing solutions, supplying capital against publicly traded stock to enable clients to meet their personal and professional goals. EFH provides capital against shares traded on public exchanges around the world. The company has completed more than 650 transactions worth more than $1.4 billion to date, offering customers high loan to values at low fixed interest rates.

EFH is a global company with offices in nine countries, including wholly owned subsidiaries Equities First (London) Limited, Equities First Holdings Hong Kong Limited, Equities First Holdings Singapore Limited, and Equities First Holdings (Australia) Pty Ltd. For more information, visit, http://www.equitiesfirst.com.

This release is intended for informational use only, and does not constitute an offer, stated or implied, of any type. Equities First Holdings, LLC and all of its subsidiaries work exclusively with individuals classified as sophisticated investors. The Equities First Holdings platform is not intended for retail investors.

Media Contact:
Brandon Russell

New Book Release – Fractured Idols, by Kevin Austin

Fractured Idols, by Kevin Austin, is a tale of Interior Designer Sebastian Cartwright as he emerges from the financial chaos of the Great Depression into a world still dominated by corporations.

London, UK (October 8, 2015) — Kevin Austin’s Fractured Idols is a snapshot of the lives of wealthy Metropolitans who inhabit London’s super-rich Royal Borough of Kensington and Chelsea. This is the world of Sebastian Cartwright, top International Interior Designer and friend of the great and the good. His larger-than-life chums include Magda, a glamorous Hungarian émigré, her lover Phillip, Viscount Brampton, scion of an Aristocratic English family and trusted confidant, Karim, a Moroccan Architect who commutes between Marrakesh and Amsterdam with his Dutch partner Christiaan.

But Sebastian Cartwright is angry. His career as an Interior Designer took a hit during the Credit Crunch in 2008 and has never recovered. He feels adrift in a world that has changed beyond his recognition; his whole being fractured. A classicist in style, his old-fashioned values have also suffered at the hands of what he feels to be a Media-led destruction of all he holds dear. His world-view, influenced by his innate Christianity, is affronted by the idolatry he sees around him.

Magda introduces him to Madeleine Armitage, an avaricious, antipodean corporate wife and Sebastian’s life is turned upside down. His deep antipathy towards her is put aside during a weekend house party in rural Southern Spain where a significant person from his past appears and he is forced to confront a panoply of emotions buried deep in his soul.

A timely and humorous look at the issues of Big: Government, Banks, Media, and Religion, Fractured Idols reinvents a well-worn idiom: “Hell hath no fury like a Homosexual scorned”.

Author Bio: Kevin Austin attended school and University in Perth, Western Australia before moving to London in 1987. Experience working in the City of London, Television Production, and as co-owner of a Boutique Hotel in Spain gave him the background for this, his first novel. He co-owns British Society Salon EQUUSHAIR with his partner Geoffrey and they live in Kensington with their Labrador Charlie.

Fractured Idols is the first of two parts. Goliath and the Kitten Factory will be published by First Edition in March 2016.

Genre – Politics, Government, Religion, Drama, Fiction

The ebook version of Fractured Idols ISBN 9781622879540, published by First Edition Design Publishing, is available on-line wherever ebooks are sold. The 154 page print book version, ISBN 9781622879533 is published by First Edition Design Publishing and distributed worldwide to online booksellers.

Media Contact:
Kevin Austin