The interest rates we offer through these loan facilities are the lowest possible for any comparable service. At the time of this writing, rates are between 3% and 7%. Your term sheet will reflect your actual rate offer. Fees are among the lowest available for comparable stock loan or securities finance facilities and always paid from loan proceeds at closing.
Rates are either floating or fixed. Floating rates are based on the current one-month LIBOR rate and may be prepaid at any time without penalty. Fixed rate loans may also be paid off at any time the borrower chooses prior to maturity with a nominal sliding scale penalty assessed based on the age of the loan.
Customization and flexibility. As with all lending services offered through this facility, you will have the opportunity to discuss and shape your final terms with your institutional advisor prior to settling on your final loan documents. As a private-equity enhance lending facility, you will have a wide range of flexible features to choose from, ensuring that no one loan is likely to be identical to any other through this program. Once you have discussed and are satisfied with your terms, the results are built directly into your loan documents.
Our standard financing is interest-only, paid monthly, though borrowers may always pay a portion of the principal too if they so desire. Your shares always remain in your own account and title throughout the loan term, never sold to fund the loan, with 24/7 online access always assured as with any SIPC-member brokerage account.
Please read our FAQ for further details and answers to common questions, or get started with your inquiry by contacting us now.
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