A subsidiary by definition means a company controlled by a holding company. It is similar to having a branch or a subdivision of a parent company. Equities First Holdings is a business with roots in Indianapolis, Indiana. 2002 is when they started running, and they have been doing so for 15 years. Their purpose is to provide loans to businesses in addition to individual investors.
They have many subsidiaries worldwide including London, Hong Kong, Singapore, Bangkok, Sydney and Switzerland. In conjunction with its subsidiaries, EFH has successfully completed 700 transactions and delivered $1.4 billion USD as of now.
EFH also has an office in New York City.