Securities based lending

[Joel Owens]

Securities Based Lending - The Equity Alternative
Our loan program allows the borrower to use eligible securities (stocks, bonds, mutual funds and/or other securities) to obtain funds for any purpose including the purchase of real estate, down payment assistance or personal or business use.
Programs Highlights
Below Market Interest Rates – fixed rates from 2.5% to 4.5%.
Interest Only Loan - Quarterly Payments.
High Loan Values – Loan to security value ratios up to 80%.
Non-Taxable Event – As the securities are not sold.
No Income or Credit Check – The loan is based solely on the securities.
No Credit Reporting – nor is it reported to public records.
Borrower Retains All Market Appreciation - borrower receives the benefit of any dividend or interest that the securities generate.
Non-Recourse Loan – A loan with no personal liability.
Loan Proceeds May Be Used For Any Purpose.
Flexible Terms at Loan Maturity - refinance, renew, extend the terms or pay off the loan.
Prompt Response to Your Loan Inquiry – can fund in 7 to 10 days.
Criteria
Eligible Securities Include - publicly traded stocks, bonds, options and mutual funds. The securities pledged must be free-trading without any restrictions. They cannot be in a retirement fund, 401(k) or other restricted plan.
Simple Steps
Complete the Express Quote Form listing the names of your securities, their stock symbol along with the number of shares.
Upon receipt, a loan proposal will be drawn up to determine loan amount and interest rate. (Usually within 24 hours.)
If the borrower agrees to the terms, the next step will be to provide proof of ownership for each of the stocks, bonds or options included in list.
The shares are transferred to the lender, values will be verified and within days loan proceeds are transferred to the borrower.

Any interest??

To answer your question there are no upfront fees.
At funding there is 5 points