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As in Securities-Based Loans
the Securities-Based Line of Credit program also allows the borrower to pledge
their securities as collateral for the loan. However, with this lending platform the
borrower maintains the account in their name (and under their control) and the
borrower may trade or sell their securities.
This is a Line of Credit program
with either variable or fixed rate re-payment plan and the loan may be repaid at
any time with no pre-payment penalty.
The lender is a top-tier
US Bank/Investment Firm which has been in business for over 75 years and each account
with them is SIPC insured.
For more information on Securities-Based Line of
Credit Click Here.
For a comparison of
Securities-Based Loans and Securities-Based Line of Credit programs
Click Here.
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