RobertLarsen_IHB
New member
This is an email I received this morning and I thought it was pretty funny. Since people can no longer borrow against their homes, what else can they borrow against? Securities Backed Loans! it is the "Perfect Alternative to Traditional Financing." All I imagine from this is grandma and grandpa losing their retirement, but at least they will have interest-only loan payments again.
<strong>All-State Financial Services</strong>
<strong>Securities Backed Loans </strong>
2.50% to 4.50% Fixed Rate - Securities Backed Loans at Incredibly Low Rates
Securities Financing - A Perfect Alternative to Traditional Financing
Straight Talk, a presentation
A Securities Loan allows investors to borrow against their securities portfolio to create liquidity while staying in the market and enjoy the benefits of dual appreciable assets at once. Suppose that you want money, you need money, and you own securities (stocks, bonds, mutual funds and other securities.) You don't want to sell them because it may not be a good time to sell. Then why not borrow against them? Most people borrow against the home they live in. And they borrow against their business property. And against the car they drive. So why not borrow against your securities especially since the terms are so good?
NOTE: We are currently offering six (6) programs in Securities Backed Loans(SBL). Let us help you pick one which most closely matches your wants and needs. Simply fill out The Simplest Quote Form (alternatively, fax or email us a copy of your most recent stock broker statement) and we will provide you a written quotation within 24 to 48 hours.
If you wish to reach us through email, do so by clicking here: Tell us how we may be of service to you or fax us at (800) 305-1322, or call us at (800) 430-9222.
Securities Backed Lending:
This type of lending allows the borrower to use their investments to obtain funds for personal or business use. Using your investments as collateral you are able to borrow money at low interest rate financing for up to 10 years.
Benefits:
- Interest rates between 2.50% and 4.50% - Fixed
- No credit or FICO requirements - in fact, we will not run a credit report at all
- No minimum income requirements - we will not ask for income tax returns or ask any questions on borrowers income
- Interest-only loan payments
- No upfront or application fee
- Funds may be used for any purpose, personal or business use, including real estate purchase, business expansion, etc.*
- No personal guarantee (a non-recourse Loan) . The loan is collateralized by the pledged securities only - not by real estate and not by other personal property
- No residency or citizenship requirements - foreign nationals qualify for this loan - world-wide
- Stocks held in some foreign stock exchanges qualify - call for details
- Close in a matter of days
- minimum loan size - $50,000 - no maximum
- Terms of 3, 5, 7, or 10 years
- Borrower keeps all dividends and upside market appreciation of the securities
How It Works:
- Loan-to-value and interest rate are driven by what securities are pledged. The more liquid and actively traded securities the higher the loan-to-value and lower the interest rate.
- No principal amortization or loan prepayment.
- At the end of the loan term the loan may be renewed, refinanced, or paid off.
Criteria:
The stock must be free-trading without any restrictions and the borrower cannot own more than 10% or more in the company of the issuer.
Simple Steps:
Complete The Simplest Quote Form listing the number and name of securities and stock symbol (alternatively, provide a copy of your latest stock broker statement).
We will quickly determine the amount of the loan and the interest rate and prepare a loan proposal for you.
If you agree to the terms the next step will be for you to provide proof of ownership of your stocks, bonds or options. We will then verify the values and within a few days the loan proceeds are transferred into your bank account.
Upon repayment of the loan at the agreed upon terms the same amount of stock or other pledged collateral will be returned to you. It's that simple!
On a side note - <a href="http://occoastalnews.com/?p=574">Current Mortgage Rates</a>
<strong>All-State Financial Services</strong>
<strong>Securities Backed Loans </strong>
2.50% to 4.50% Fixed Rate - Securities Backed Loans at Incredibly Low Rates
Securities Financing - A Perfect Alternative to Traditional Financing
Straight Talk, a presentation
A Securities Loan allows investors to borrow against their securities portfolio to create liquidity while staying in the market and enjoy the benefits of dual appreciable assets at once. Suppose that you want money, you need money, and you own securities (stocks, bonds, mutual funds and other securities.) You don't want to sell them because it may not be a good time to sell. Then why not borrow against them? Most people borrow against the home they live in. And they borrow against their business property. And against the car they drive. So why not borrow against your securities especially since the terms are so good?
NOTE: We are currently offering six (6) programs in Securities Backed Loans(SBL). Let us help you pick one which most closely matches your wants and needs. Simply fill out The Simplest Quote Form (alternatively, fax or email us a copy of your most recent stock broker statement) and we will provide you a written quotation within 24 to 48 hours.
If you wish to reach us through email, do so by clicking here: Tell us how we may be of service to you or fax us at (800) 305-1322, or call us at (800) 430-9222.
Securities Backed Lending:
This type of lending allows the borrower to use their investments to obtain funds for personal or business use. Using your investments as collateral you are able to borrow money at low interest rate financing for up to 10 years.
Benefits:
- Interest rates between 2.50% and 4.50% - Fixed
- No credit or FICO requirements - in fact, we will not run a credit report at all
- No minimum income requirements - we will not ask for income tax returns or ask any questions on borrowers income
- Interest-only loan payments
- No upfront or application fee
- Funds may be used for any purpose, personal or business use, including real estate purchase, business expansion, etc.*
- No personal guarantee (a non-recourse Loan) . The loan is collateralized by the pledged securities only - not by real estate and not by other personal property
- No residency or citizenship requirements - foreign nationals qualify for this loan - world-wide
- Stocks held in some foreign stock exchanges qualify - call for details
- Close in a matter of days
- minimum loan size - $50,000 - no maximum
- Terms of 3, 5, 7, or 10 years
- Borrower keeps all dividends and upside market appreciation of the securities
How It Works:
- Loan-to-value and interest rate are driven by what securities are pledged. The more liquid and actively traded securities the higher the loan-to-value and lower the interest rate.
- No principal amortization or loan prepayment.
- At the end of the loan term the loan may be renewed, refinanced, or paid off.
Criteria:
The stock must be free-trading without any restrictions and the borrower cannot own more than 10% or more in the company of the issuer.
Simple Steps:
Complete The Simplest Quote Form listing the number and name of securities and stock symbol (alternatively, provide a copy of your latest stock broker statement).
We will quickly determine the amount of the loan and the interest rate and prepare a loan proposal for you.
If you agree to the terms the next step will be for you to provide proof of ownership of your stocks, bonds or options. We will then verify the values and within a few days the loan proceeds are transferred into your bank account.
Upon repayment of the loan at the agreed upon terms the same amount of stock or other pledged collateral will be returned to you. It's that simple!
On a side note - <a href="http://occoastalnews.com/?p=574">Current Mortgage Rates</a>