If you operate a small or medium-sized business, the chances are that from time to time you may encounter problems with funding for operating expenses. You might just squeak by with payroll sometimes. This can happen in fluctuating markets and unstable times and more information click here.
So if you own equities and that happens to your business, the chances are that you have thought about using your equities first as collateral for a loan. Rather than liquidating them and using the proceeds, you wonder if a loan against those equities as collateral is possible
Of course it is possible. If you go to a conventional lender, they will tell you to draw up a business proposal and disclose what the loan is for. Then they will offer to use your equities for a loan if the government lets them. They are allowed to lend only so much of their reserves as collateral for equities. Then, the interest rate will be very high on a very low loan-to-value ratio.
That is where Equities First comes in. They are a private company, so no one is going to tell them whether they can lend money or not. They will lend up to 80% of the value of your equities. They will do so at a much, much lower interest rate than the conventional lenders. They will not ask you the purpose of the loan. If you have the equities they will lend the money without asking any questions.
If you are thinking about an equity loan, see Equities First US, first! There is a reason they have that name and contact the equities.
The Jerusalem Post recently published an article that ranked the top 50 most influential people in the Jewish Community. Adam Milstein was mentioned in the list. Other individuals on the list are prominent leaders in the Israeli community. It includes acting government politicians and other activists. The list is broad and even includes the current Prime Minister of Israel, Benjamin Netanyahu. Adam Milstein was ranked 39 in the list. It went on to note that Adam Milstein has actively participated in work that helps Jewish causes. He has strived to help the Jewish community even though he lives in the United States.
His selection was also because of his work in the Council of Israeli-Americans. He assisted the foundation in its work over the past year. He has received a wide acclaim for starting several meaningful projects and embracing an active philanthropic lifestyle. Most of the donations were possible through the Milstein Family Foundation. Mr. Milstein has a goal to strengthen the state of Israel and the Jewish people at large. He has assisted in the growth of the IAC over the past years. The organization now has ten regional councils with volunteers from 27 states within the United States. Mr. Milstein has taught leadership skills to the Jewish community.
Apart from his philanthropic endeavors, Adam is a famous businessman that owns several properties. He is the CEO and founder of Hager Pacific Properties. It is one of the most profitable real estate firms within the United States. The company specializes in managing, developing, leasing and selling property. Mr. Milstein oversees the daily operation of the business. He sits at board meetings and is part of the company’s top decision organ.
Adam Milstein’s skills in the real estate business started when he was in Israel. His mother was a part-time real estate developer. Adam Milstein saw the real estate market as a highly lucrative venture. Before getting into real estate, he served in the military for several years. He participated in a war that saw Israel defeat Egypt. After serving in the army, he furthered his education and later decided to move to the United States.
The big news is that the NYC real estate market is changing fast. Certainly, the face of the typical luxury property purchaser has changed dramatically over the last few years. The face is younger and belongs to a purchaser that is probably under 30 years old. They are eager to purchase their first home in the heart of NYC. The new luxury purchaser is more interested in high tech living with the usual high tech toys and accessories that make their life just a little more comfortable. Let’s examine this a little further.
NYC real estate agents agree that location is very important to the younger luxury buyer. Typically, they want to live in the middle of all the action. They would prefer to live walking distance to the nearest restaurants, bars, and shopping. For example, the hot spots in NYC real estate are the Manhattan area. The fact is that a large number of the new luxury purchasers are entrepreneurs that work out of a home office. Certainly, they prefer an office equipped with the latest high tech tools to communicate with people across the city or across the world.
NYC real estate agents find that the younger buyer prefers a luxury home with the high ceilings and spacious rooms to display their art work. The typical purchaser looks for an apartment or condominium with a balcony to view the city while they sip their morning coffee or to sit and entertain their guest.
About Town Real Estate
NYC real estate is moving fast. More and more people are moving to the city daily, and looking for that perfect luxury apartment, condominium, or town house. Of course, new arrivals could look for a new luxury home independently, but the best course of action is to hire a Town Real Estate professional to find that perfect luxury home. Their staff is experienced and knowledgeable about NYC. Town Real Estate is an industry leader and provides customized top quality service to their clients.