If so, we can offer a very competitive and
attractive securities based loan that is non-recourse, which means NO personal
liability to you. Your stocks that you own can be pledged as collateral for a low
FIXED interest rate (interest only) loan. Use the loan funds for any purpose.
Our Stock Loan program will accept all forms of free-trading securities,
such as stocks,
bonds, mutual funds,
stock options, etc. on both U.S.
and Foreign Stock exchanges. UK, Canada, European, etc..
A stock loan is the lending of funds
collateralized by shares of a publicly traded stock that you OWN,
domestic or foreign. It gives the borrower access to the liquidity of the assets
without actually selling the stock. The term of the
stock loan is
typically three to ten years and the shares are returned upon repayment of the
loan.
We offer a Non-Recourse Stock Loan – A
Stock Loan with NO personal liability. A non-recourse Loan is
secured by some form of collateral, your securities. If there is a default, the
borrower keeps the loan proceeds and the lender only claims the collateral. The
borrower’s liability is limited to the collateral pledged for the loan. In fact,
the borrower has the right to walk away from the loan, can you really call this
debt?
With
Non-recourse Stock loans, there is never any effect on your credit
record
either in default. No hoops to jump through, no heavy paperwork, no fine print.
Just your stocks acting as collateral for your loan
Use the cash for any purpose! Buy a
home, buy a business, real estate, investment property, pay-off a mortgage,
virtually anything.
A credit report is
NOT required, and NO
income or employment verification is done. It's a True
NO DOC Loan
(NO documentation).
You can get your cash in as little as 7 days. It’s a quick and easy process!
Just one simple phone call or application and you’ll receive the terms for your
loan quickly.
In a volatile market like we are all experiencing
today, a stock loan allows you, the borrower, the flexibility of letting your
stock/mutual fund portfolio work for you. The borrower gets to benefit in the
event of a market downturn, yet still retain upside potential should the price
per share increase during the term of the loan. If the price of the stock
significantly decreases, you can walk away from the loan, and if the stock
increases, you can pay off the loan and keep the upside.
Increase your borrowing power without liquidating
investments by pledging eligible securities in your portfolio to secure
financing to buy a home, refinance, or for any other purpose. Using securities
as collateral makes sense, especially if you need to borrow more than a lender
is willing to provide or if you want to avoid selling off personal assets.
Through our global network of financial
institutions, we access below market, fixed-rate interest Stock Loans which
facilitates our clients' ability to access capital in a tax-free and private
transaction without having to sell stock into the market.
You borrow against the current value of the stock
portfolio that you "own", pay a below prime interest rate for the term of the
loan and then at term end, you either pay off the loan and receive your stock
back with any stock appreciation, refinance the loan or, if the stock price has
fallen below the Value amount, forfeit the shares without paying back the loan
(non-recourse) with no liability or effect on your credit rating.
Increase your borrowing power without liquidating
investments by pledging eligible securities in your portfolio to secure
financing to buy a home, refinance, or for any other purpose. Using securities
as collateral makes sense, especially if you need to borrow more than a lender
is willing to provide or if you want to avoid selling off personal assets.