Equities First Holdings Discusses Changing Trends In Seeking Loans

Borrowers are finding it difficult to secure loans as banks and other financial institutions are getting stricter with their lending criteria. This is why stocks are being considered as an attractive alternative for getting loans.

Equities First Holdings, LLC is a global lender. They are the leader in providing alternative financing solutions. They see a surge in margin loans as well as stock-based loans. This is because the economic climate has forced banks and such other financial institutions to tighten their lending criteria. There are some borrowers who need capital quickly. There are others who may not be able to qualify for getting the conventional loans that are credit-based. For such borrowers, equities lending is becoming the new, popular alternative.

Still, there are a few other options still available for these borrowers. There are many banks which have cut down on their lending options. They have tightened their loan eligibility qualifications. In addition, they have increased their interest rates too. Read News Here .

This is why loans with stocks as collateral are becoming the alternative for individuals who need working capital. These stock-based loans tend to have a much higher ratio of loan-to-value as compared to margin loans. Besides, they offer a fixed interest rate too. This means that there will be certainty for the entire life of this transaction.

The fact is that during any loan term, there will be market fluctuation. But these stock-based loans are providing a hedge as the investment risk of the borrower is lowered in downside market. In addition, these loans tend to include a non-recourse feature. This means that a borrower can walk away from this loan at any point. It does not matter if the value of the stock depreciates at any given time. It is the borrower who keeps the proceeds of the initial loan. No wonder this is such an attractive option!

https://www.crunchbase.com/organization/equities-first-usa for more .

The Life of Eric Pulier and His Successful Entrepreneurial Career

Eric Pulier is, without a doubt, one of the youngest successful individuals in the world. Being a Harvard graduate in 1988 where he majored in English and American literature Eric is an all-rounded individual. He is an entrepreneur, a public speaker, a published author, a technologist, a philanthropist and a public speaker. He is a successful entrepreneur with over 15 companies under his name.

Eric Pulier was born in Teaneck, New Jersey. His passion for technology was evident even during his early life. He started programming computers as a fourth-grade student and started his database computer company in high school. He later joined Harvard in 1988 where he became the editor of Harvard Crimson and also wrote articles for the newspaper.

Eric Pulier’s Career

Since 1991, Pulier has founded famous and beneficial ventures aimed at improving the lives of the United States citizens. In 1991, he established People Doing things (PDT), which was a company that dealt majorly on health care, education and technology. He later founded Digital Evolution in 1994.His skills with technology and passion for philanthropy helped him develop Starbright World, which is a private social network for chronically ill children. The platform allows kids to chat, blog, meet other kids and post content.

In 1997, the Presidential Inaugural Committee selected Mr. Pulier to create the Presidential Technology Exhibition in Washington, D.C. In 1998, he co-founded Interactive Video Technology (IVT) and Desktone. Mr. Pulier has served in as Chairman of many organizations. Some of these organizations include ServiceMesh, CSC Australia Pty. Ltd., SOA Software, Inc., Exist Corporation, Santa Monica Media Corp., Enterprise Leadership Council among others.

His Publications

Mr. Eric Pulier is a published author who is known for his interactive and educative publications. His book Understanding enterprise SOA is one that has gained massive popularity. Published in 2005, the book gives technologists and business people a concise and easy-to-understand introduction to the topic. It explains the service offering and how to move confidently in the technology field. He has also written for Forbes where he talks about a model that helps companies to survive and thrive past the global economic downtown.

Mr. Pulier is a very active philanthropist. He has engaged in many philanthropic activities to help kids with chronic diseases. He uses technology to solve intractable problems in physically impaired children and economically disadvantaged communities around the USA.

Bruce Levenson Sues The Insurance Company

The former owner of the NBA franchise is The Atlanta Hawks Basketball and Entertainment LLC. The Hawks have filed a lawsuit against the New Hampshire Insurance Company. The Hawks claim that the insurance company breached its contract. This is with regard to the settlement of claims that had been made by Danny Ferry, who was the general manager here, earlier.

Bruce Levenson (http://brucelevenson.com/) is the controlling partner of this former ownership group of Hawks. This lawsuit will not be involving the current ownership group of Hawks, but only the former one that was led by Bruce Levenson.

This lawsuit has been filed in the Superior Court of Fulton County. It is against the insurance company. They have asked for a civil action that should be for breach of contract along with insurance bad faith. The Hawks owners claim that the insurance policy covered certain losses that were related to employment. These included certain acts such as “Wrongful Termination,” “Workplace Torts,” and so on. They further claimed that notice was given to the Insurance Company in 2015 that these claims had been asserted by Danny Ferry. These were the claims that were believed to be covered.

There was a buyout agreement between Danny Ferry and Hawks ownership in 2015. The relationship ended with it. According to Forbes.com, the sale of the franchise was approved two days after this relationship ended. It was approved to be sold to a group led by Ressler.

The claim amount is confidential as per the court documents. But the confidential limit of the liability of this policy will suffice for paying this claim by the Hawks owners. In a report by Time, the lawsuit further states that the Insurance Company has refused to acknowledge that any claim was made. It is also refusing to acknowledge any policy that may have been triggered. This lawsuit is claiming a breach of contract for not paying for covered losses.

 

Eric Lefkofsky Continues to Create Successful New Ventures

Eric Lefkofsky is the CEO and co-founder of Tempus, a state-of-the-art lab that is working to bring data science and technology together to help improve the treatment results of cancer patients. They want to redefine how genomic information is used in treatment protocols. Eric is a successful entrepreneur, having in addition to Tempus, co-founded Echo Global Logistics, Innerworkings, Mediaocean and Uptake. In addition to these companies he was a co-founder and is the Chairman of Groupon.

 

Lefkofsky was born and grew up in Southfield, Michigan. His father was a engineer and his mother was a school teacher. After finishing high school, Lefkofsky went to the University of Michigan and earned his Bachelor’s Degree and his Juris Doctorate. After law school, he teamed up with his college buddy, Brad Keywell, and with borrowed money, bought Brandon Apparel store in Madison, Wisconsin.

 

Eric and Brad built Starbelly, an early Internet company. It was later sold to Halo Industries. It was hit by the “tech bubble” downturn. Next the two entrepreneurs started InnerWorkings in 2001. They provided print procurement solutions to mid=sized companies. In 2006, the company went public. Eric Lefkofsky was on the Board of Directors of the company through 2012.

 

Based on chicagobusiness.com, Echo Global was the next company the partners started in 2005. It is a freight logistics company. In 2006, Echo Global went public and is successfully trading on the NASDAQ. In 2006, Lefkofsky and Keywell started MediaBank. The company was involved with media-buying technology. In 2007, MediaBank, bought Datatech, a leading media planning platform. In 2012, the U.S. Dept. of Justice approved the merger of MediaBank and Donovan Data Systems. The combined entities formed Mediaocean, worth an estimated $1.5 billion. Check on this.

 

The next venture was in 2007, when Lefkofsky co-founded ThePoint.com. It was a collective action website. The site had been started by Andrew Mason. Other investors got involved with the company, and in late 2008, the name was changed to Groupon. Groupon was able to attract huge amounts of money from investors and today is a successful online company. In 2010 Google tried to buy Groupon for $6 billion. The deal was turned down. In November of 2011, Groupon’s IPO raised $700 million. Tempus was started in 2016.

View related site: http://lefkofskyfoundation.com/about-eric-lefkofsky/

Eric and his wife Elizabeth, started a charitable family trust, the Lefkofsky Foundation, to support their philanthropic activities, educational organizations and other causes around the world. They have helped fund 50 organizations.

 

View Eric’s linkedin.com.