Our programs offer liberal eligibility standards unparalleled for lending facilities of this type. As an individual investor, this means your stocks or other securities are likely to be eligible for a high-LTV, low rates/fees, quick-closing loan. If you are a financial or investment advisor, it also means that your clients are likely to obtain the competitive financing they seek.
Your/your client's portfolio will be reviewed carefully, whether consisting of single or mixed securities. A term sheet with loan quote will follow. Once the term sheet has been signed and faxed back, the loan quote will be fine-tuned until it is acceptable to the borrower.
Clients will need to own securities with a current market value of no less than $150,000 at inception, which should be reflected in the account statement that they will provide at the outset. Securities with no current, active market and/or no trading history are not eligible. Medium-Term Notes, Standby Letters of Credit, and/or privately held securities are the only other types of securities that are not eligible for this loan facility.
The loan-to-value (LTV) the program offers is in most cases far superior to any that can be obtained on a walk-in basis at any major U.S. brokerage/banking operations private wealth desk.
| Security Type |
Up to: |
U.S. Treasury notes/bills |
95% LTV |
| Treasury strips |
92% LTV |
| Fannie Mae, Ginnie Mae CMO's |
90% LTV |
| U.S. stocks and selected non-U.S. stocks |
85% LTV |
| U.S. government agency bonds |
80% LTV |
| U.S. municipal bonds |
80% LTV |
| Corporate/Non-convertible bonds |
70% LTV |
| Foreign sovereign debt |
70% LTV |
| Convertible bonds |
50% LTV |
| Exchange-Traded Funds (ETFs) |
50% LTV |
| Unit Investment Trusts (UITs) |
50% LTV |
| Variable Rate Demand Obligations (VRDOs) |
50% LTV |
| Other |
Up to: |
| Christy's or LLoyd's Appraised Artwork, Verified |
50% LTV |
Please contact us for quotes on any securiites not listed here.
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