Loans Against
Securities
Securities that qualify as collateral
are Publicly and Activelytraded stocks, mutual funds, bonds and treasury notes that are not
restricted in any manner. Most foreign securities are acceptable.
What we are not able to
use:
• 401(k)'s, IRA's or any restricted
retirement fund
• Money Market Accounts*
• CD's*
• Annuities
• Gold or silver mines
• Commodities
• CMO's
• SBLC's
• Bank Guarantees or
Warranties
• Private notes or private
bonds
• Bonds that are coming due within 3
years
• Bearer Bonds *can be converted to cash
then securities may be purchased and used as collateral.
Minimum loan amount is $100,000 Minimum loan
term is 3 years Minimum average trading activity on stocks must
be $50,000 per day. (Average volume x current share price.)
Borrower must have proof of ownership of the securities. We do not ask
for credit history, income, employment or the intended use of the funds.
Fixed interest rates between 2.5% and 4.5% -
Interest Only quarterly loan payments - Loan terms of 3, 5, 7, or 10 years - No closing costs
- No upfront fees - No credit check - No income
verification - Funds may be used for any purpose including personal or business use - Non-personal recourse loan.
The only collateral are the pledged securities. - Loans available for up to 80% of the securities value - The
borrower receives all dividends and upside market appreciation on the securities - Quick Fundings - usually in a
matter of days.
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