SBPI Services, Inc. brings you... Securities Based Loans!
Securities Based Loans are an ideal source of fast funds for someone who holds publically traded stocks worldwide, exchange traded funds (ETFs), MTNs or US Treasuries and T-Strips, and wants to borrow money against them.
They are also an ideal source of funds for foreign nationals, borrowers with limited or undocumented income, less than perfect credit (we do not check credit) and borrowers who want large loans with no maximum loan amount.
Some important points....
● Interest rates range from 2.5% to 4.5%, fixed, interest only payments
● Up to 80% LTV
● Low origination fees; no other closing costs
● Close in approximately 15 business days
● Loan periods from 3 to 10 years
● Loans are NON-recourse, and not recorded
● Borrower retains full beneficial interest (dividends, appreciation, etc.)
● Minimum loan amount $100,000; NO MAXIMUM
● Funds may be used for virtually any purpose, anywhere in the world
● Borrower's nationality and residence can be anywhere in the world
● Stock must be freely trading without restrictions
● Retirement accounts, CDs, money markets, and annuities not eligible