Securities Based Line of Credit
You take advantage of the lowest possible interest rates and retain the security of maintaining full ownership of your securities with securities financing. This funding program was developed to provide lines of credit leveraging securities portfolios to a higher loan to value than a standard margin loan. Closing and funding takes place in 2 weeks or less and you will have a choice of floating or fixed rates. Rates are as low as 1.6%, and you can obtain funding as high as 90% of the value of their securities. Your securities remain in your name, and you clients can be approved with very limited documentation. This program is not based on your personal credit or income, so you can get approved even with credit issues or no revenue for your business. There is no prepayment penalty, and you receive 100% of your portfolio appreciation. Plus foreign nationals are accepted into this program.
|Approval Amount||up to 90% of securities value|
|Credit Quality||Bad Credit Accepted|
|Collateral||Stocks, bonds, other securities|
|Approval terms||revolving line-of-credit, rates as low as 1.6%|