The 401K and IRA Stock Loan
program has been temporarily suspended and put on hold. At the present time, the
401K and IRA Stock Loan Program is NOT available.
We still continue to offer any "non-retirement" securities based lending
or Stock Loans.
Retirement plans such as a 401k are
eligible for a loan. Minimum $100,000 loan amount. Certain restrictions and
guidelines apply. A 401k cannot be combined with a standard Stock
Loan program. Retirement plans guidelines and requirements differ and are
evaluated accordingly.
NOTE: These type of loans are considered on a "case-by-case"
basis only. Referral fees are also considered on a "case-by-case"
basis only. Each is a customized unique quote.
Interest Rate: From 4% to 8% Fixed (Interest Only)
depending upon asset volatility
Terms: From 3 to 5 Years
Non-Recourse (NO Personal
Liability)
The most attractive
interest rates and terms and conditions are available to those stocks with good
strong and steady volume and price, and low volatility. Prices over $5/share
typically get best prices as long as volatility is low and volume is strong and
steady. Exxon, Proctor and Gamble, and Cisco are considered blue chip
stocks and ideal cases. Strong and steady volume is highly prized as it
allows some predictability baselines. Good stocks, like good investments,
always get the best terms. A precise FREE analysis will be provided when
you apply. Stability, trading volume and price are factors in determining
the interest rate, term and Loan to value. The leading indicators when
determining the eligibility of a stock as collateral are going to be exchange,
volatility, share price, liquidity, trends, filings, short term trading volume
and long term trading volume. When providing a FREE quote, we will explain
how these factors relate to "your" securities presented as collateral.
