Rich people have always used their equity portfolios to tap into cheap loans and avoid large tax bills. It has also been used in complicated corporate finance deals, so portfolio-based lending is nothing new, but the pandemic’s market rally and low interest rates turbocharged borrowing among the world’s wealthy over the past few years. But such credit facilities are no longer just a privilege of the rich and famous. EasyEquities, the country’s largest retail investing platform, recently launched securities-based lending to select clients ahead
