The Story Behind Richard Liu Qiangdong
Richard Liu Qiangdong is a name that is well known in China. Qiangdong is the creator of the popular e-commerce platform called JD.com. Richard Liu Qiangdong grew up in a middle-class home. Liu’s parents were the owners of their own company, and they taught to him the importance of a good work ethic. While still in college, Richard Liu Qiangdong decided that he was going to become a business owner. Liu Qiangdong wanted to run his own business, so he was able to get loans from friends and family, and he opened up a restaurant. Unfortunately, Richard Liu Qiangdong did not have much experience in the restaurant business, so the restaurant failed within a few months. Richard Liu Qiangdong went on to work for a Japanese company for several years. Liu Qiangdong was able to gain much experience in business and in management during his trajectory at this company.
An Interview with weforum.com
Recently, Richard Liu Qiangdong did an interview with weforum.com. During the interview, Liu Qiangdong talked about how he came to create JD.com. Liu Qiangdong decided that he was going to go out on his own and start a company again. With his knowledge and experience, Liu Qiangdong was able to do quite well. At first, he open just one store that sold optical products, after a few short years, Liu Qiangdong was able to open up 11 more stores.
An Epic Change
In 2003, there was an outbreak of SARS in China, and Richard Liu Qiangdong had to do something to keep his clients and his employees safe. Instead of selling his products at his stores, Liu Qiangdong began to sell them online through an e-commerce platform. After a while, he began to sell a variety of items, that idea turned into what is now known as JD.com. This company is now the largest e-commerce platform in the entire country of China. JD.com has several warehouses throughout the country, and JD.com is able to reach almost 100% of the Chinese population with it’s high-quality products. The hard work ethic and the tenacity of Richard Liu Qiangdong has helped him to become one of the richest men in China.
Details Liu via Twitter
Even as financial crisis took shape, traditional financial institutions were not left unaffected and thus the lending. The boom in innovative financial products proceeded hand-in-hand with more complexity. The situation multiplied the actors linked to a single mortgage including specialized originators, mortgage brokers, managing agents & trading desks, securitizers & their due diligence firms, insurances, investors and providers of repo financing. With indirect access of underlying assets, the actors depended more on unconfirmed information including FICO scores on appraisals, creditworthiness, and due diligence checks via third party firms and more significantly the rating agencies & risk management desks computer models. Rather than spreading risks, that offered the ground for misjudgments, fraudulent acts and finally leading to collapsing of market. Click Here for more Information .
Certain financial innovations facilitated organizations to circumvent regulations such as financing of off-balance sheet that affects the capital cushion or leverage as reported by key banks. Several scholars argued that the lack of transparency on exposure of banks’ risk limited markets from pricing risks correctly prior to the crisis. That led the mortgage market to grow bigger than it actually could have done. Hence, the financial crisis became more disruptive that it actually would be if risk levels could have been disclosed in a precise and readily understandable format. The affected institutions have witnessed traditional lending services becoming more expensive for ordinary borrowers who find it worthy seeking for financial help from alterative lenders. Read Businesswire news .
Due to various reasons, participants in the market did not precisely measure the risks associated with financial innovation such as CDOs and MBS or comprehend its influence on the entire stability within the financial structure. Equities First is a company of great team that takes pride in offering stock-based loans to fund and help potential investors with businesses or individuals in need of working capitals. The company website (http://www.equitiesfirst.co.uk/) and upon contacting the customer care departments, you will get more of the details.
See Equities First Resume Here .
Equities First holdings is a global leader in providing financial solutions and offering loans. In fact, it is tightening its groups and exploring alternative option of financing loans such as stock when most other lenders are tightening their rules due to the difficult economic times today. Equities lending is fast becoming an alternative to traditional credit based loaning. More customers are willing to consider companies such as Equities First holdings to finance their needs.
Most banks and lenders have cut their lending options for borrowers not to mention the tight loan requirements that have been put up. In fact, the problem does not stop there as interest rates have also been heightened. According to the CEO of Equity first holdings, Christy, stock based loans are an innovative way of borrowing especially for people seeking alternative working capital funding. In addition, the loan value for such kinds of loans is higher with fixed interest rates thus offering a level of certainty throughout the transaction.
Christy revealed that in a three-year loan period it is impossible to avoid inflation. However, when the investor takes a stock based loan he or she lowers the risk when the market downsizes. In fact, a good number of stock based loans have a non-recourse trait that gives borrowers an opportunity to withdraw from the stock loan at any time that they want. Margin loan and stock based loans may have the similarities of using securities as collateral they have a marked difference.
For a margin loan there must be a prequalification that seeks to outline the specific purpose for which the loan should be used. Interest rates are also variable and can be anything between 10 to 50 percent. The lender is also allowed to liquidate the margin in case of margin call even without warning the client. On the other hand, stock based lending comes with a fixed interest rate and the loan’s purpose is entirely up to the borrower.
Equities First Holdings
Equities First Holdings specializes in stock based financing solutions for both personal and professional goals. Capital are offered against shares. It is a globally renowned company with the major subsidiaries such as Equities First Holding London office.
https://beta.companieshouse.gov.uk/company/08120457 for more .
Equities First Holdings is a company based in Indiana to offer solutions to those in need of fast capital to take care of their needs. The company also targets the small enterprises that need a constant flow of more to establish their business. As a matter of fact, no one has better business development in a manner that is not paralleled in the industry. For the company, they issue the fast working loans to those in need using stocks as collateral. For you to secure the loan, you must first be willing to submit your stocks as collateral. For this reason, you will provide your stocks for scrutiny by the company once they have evaluated the stocks. You will get better business capability in a manner that is not paralleled in the industry. Therefore, the shares will be held back as you get the loans to complete your projects.
For the borrowers who never qualify for the stock-based loans, you might consider the use of stock-based loans as the best way of securing non-purpose capital during the harsh economic conditions. During the harsh economic climate, banks and other financial institutions tighten their lending capabilities. Moreover, they also raise their credit interest rates to amounts that scare away most clients. For this reason, they will work to get better business in a manner that cannot be paralleled in the industry. For you to get better business requirements, influx rates are always mandatory. Therefore, working to attain this business is always a better option.
While many other alternative sources of finance exist during the harsh economic climate, banks and companies associated with the issuance of credit-based loans tighten their lending capabilities. For this reason, you are only left with the option of stock-based loans. Equities First Holdings has been traced as the most trusted company in the use of stocks to secure loans.
http://www.bloomberg.com/Research/stocks/private/snapshot.asp?privcapId=207147250 for more.
Brad Reifler, having focused much on entrepreneurship and investment has had success with various companies based in the US. Currently, he is the CEO of Forefront Capital Management. Before founding Forefront Capital, he had been involved in the management of different companies.
Reifler in 1995 founded Pali Capital that was a sell side broker rooted in the equity markets. Through the strategy he created, Brad Reifler was able to capture expansion in hedge funds. Some of the achievements brought about by Brad during his time in the management of Pali Capital was that it had an excess of $1 billion in commission income, had also employed over 300 people, and also the company had offices in four continents.
At the moment, the company Brad is focusing on is Forefront Capital, LLC. The company subsidiaries are:
Forefront Advisory, LLC
The subsidiaries under Forefront Capital have had a positive impact on the company as a whole. Due to the subsidiaries, the company attracts more investors, business leaders, and registered investment advisors. Having spent time on Wall Street, the Forefront management team has knowledge on the capital market. Their knowledge of the capital market has made them attract other influential business leaders into the company.
Wall Street has been known to focus on the wealthy investors and somehow has neglected the small investors. Brad Reifler having earlier worked towards helping the wealthy investors get richer has now changed his focus to providing everyone with the same opportunity of making a fortune in the capital market.
Reifler has acknowledged that the small investor face problems while investing their cash. Some of the major problems they face include:
- i) Fees charged by management firms on Wall Street are high for the small investors to afford.
- ii) The small investors have also lacked access to investments. The government has faith in investors that have been accredited since they are considered more intelligent.
iii) Small investors with no accreditation face problems related to the stock market. He founded Forefront Capital with the aim of combating problems related to the capital market for the small investors.
Forefront will continue being a success due to the commitment of Brad Reifler towards helping all investors in the stock market.