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Equity Collateralized Loan Program
The Equity Collateralized Loan Program is designed for a forward thinking investor who wants to retain the future ownership of their assets as leverage the present value of their securities for immediate cash. Benefits include:
Low Interest rates- usually between 3%-5%
Rates are fixed-usually between 3-5 years, but may go longer
High loan-to-values-up 80%
Loans are interest only-principal payments at maturity, refinanced, or extended
Loan are non-recourse-giving the borrower the opportunity to "walk away" if the collateral falls below a set floor amount
Loan are "non-purpose"-they can be used for virtually any borrowing need, except for placing a margin account
Borrower maintains beneficial ownership
Loans can be funded in 5-7 business days
Loan fees will vary depending on the size of the loan and will be disclosed at the time of the loan approval
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