Securities-Based Lending
Underwriting Guidelines |
Securities that qualify as collateral are publicly and actively traded stocks, bonds, ETF's and Treasury Notes that are not restricted in any manner.
What we are not able to use these as collateral:
401(k)'s, IRA's or any restricted retirement fund
Money Market Accounts*
CD's*
Annuities
Gold or silver mines
Commodities
CMO's
SBLC's
Bank Guarantees or Warranties
Private Notes or private Bonds
Bonds that are past maturity
Bearer Bonds
Variable Structure Notes
*can be converted to cash then securities may be purchased and used as
collateral.
Minimum loan amount is $100,000
Minimum loan term is 3 years
OTC:BB and pink sheets securities do qualify.
Minimum average trading actively on stocks must be $50,000 per day. (Average volume x current share price.)
We do not ask for credit history, income,
employment or the intended use of the funds.
If you have any questions about what qualifies
please
contact us.
|