else who has a need for money today, provided that they meet one qualification: they must own a stock portfolio that they
can pledge as collateral. In a nutshell, here are the details:
Minimum loan amount of $100.000.00 to a maximum loan amount of $200 million +.
Terms are typically 1-7 years.
Interest rates currently start at 4%, interest only.
There are no upfront fees.
No pre-payment penalties.
The loans have limited recourse and no margin calls.
Borrowers undergo no credit checks or FICO scores to qualify.
Borrowers can use the money for practically anything.
Loans can be completed quickly, typically in less than 5 days.
Stocks are safe and secure. They remain in your account, name and title. Never sold or traded.
No appraisals are required.
Hassle-free process.
At the end of the term, a balloon payment of the loan balance is due. Borrowers may pay it off at that time, or alternatively,
they may take any of the following three actions.
Refinance the loan.
Sell the shares that they have pledged to repay the loan.
Walk away from the shares they have pledged, even if the value of the shares at that time is less
than the amount that they borrowed, and no negative credit bureau reports will be filed.
For more information regarding this amazing loan program, please contact us.