Equities First Holdings, LLC is a global alternative lender which is headquartered in Indianapolis, Indiana. The company was founded in 2002 by Al Christy, Jr., who serves as its President and Chief Executive Officer. Equities First Holdings clients are businesses and high net worth individuals who are seeking capital outside of a traditional lending source.The alternative lending that Equities First Holdings provides is based on their assessment of the businesses risk as well as what their analysis sees as the future performance of the company’s stocks and bonds. If they approve the lending request they provide a lower interest rate than a traditional lender would provide, as well as better financing terms, in exchange for stock in the company.
Equities First Holding’s can either hold the stock through the end of the loan or they can sell the stock if that makes more financial sense.The capital that the business gains through the loan can be used for many things. Some of the businesses use it to expand their business through hiring employees or reaching new markets. Other ways the capital is used can include acquiring new facilities, technology, or additional products to sell.In July 2016 Al Christy, Jr. was interviewed by Market wired an he said that the market for stock-based loans has been rapidly growing over the past few years.
He said they’re popular because they provide a hedge against investment risk if the value of their stock drops. He said that people and businesses also see them favorably because there are no restrictions on how the capital is used. They are also non-recourse which means the borrower can walk away from the loan at any time.Since being founded Equity First Holdings has expanded to include offices in Sydney, Perth, London, Singapore, Hong Kong, and Bangkok.
John Goullet, a master’s degree holder in Computer Science, combines his entrepreneurial skills and IT expertise to succeed in any venture he undertakes. His ability to read, understand, and change with the changing market trends makes him one of the most prominent IT gurus in the U.S. John knows how to take advantage of his competitors’ mistakes and doesn’t hesitate to copy the positives from them.
During his early days in the IT industry, John specialized in offering IT consultancy and IT staffing services. After some few years in the industry, he founded his firm named Info Technologies that provided IT solutions to some of the premier companies in America. Within the first five years of its existence, Info Technology had accumulated assets estimated to be worth over $30 million, ranking 8th among the fastest growing firms across all American industries. The company merged with DIVERSANT Inc. in 2010 to form DIVERSANT, LLC. From 2010 to date, John serves as the company’s Principal.
The Idea of Forming DIVERSANT
IT experts in the U.S. are inadequate compared to the huge market demand, a fact John understands very well. In a feature by Ideamensch in November last year, he explained that he had had the dream of addressing that inadequacy long before he began his IT career. Being the brilliant guy that he is, he came up with the idea that establishing an IT staffing company was the solution to the shortage problem. Deriving his motivation from other successful people in the Industry, he realized his dream in 2010 when he formed DIVERSANT, LLC. John is optimistic that the future of the American technology industry is bright, specifically for the competent companies like DIVERSANT.
His Social Life
John’s hobbies are reading and working out. He told Ideamensch that he wakes up to a one-hour gym session every day before leaving for office. John makes himself productive by getting to the office early in the morning and leaving early in the evening. John Goullet’s favorite book is Defeating Jihad: The Winnable War written by the security expert, Sebastian Gorka, and any business book by Jim Collins. Currently, he is gaining interest in golf and is taking lessons to sharpen his skills in the game.