- Minimum loan = $1m USD – no maximum
- Non-Title transfer (The borrower remains the owner of his/her shares)
- Title-Transfer (Very unusual request – only if the borrower needs the money now – we can fund in 4-5 days)
- Non-recourse loan (Meaning, no personal guarantee. The only collateral is the borrower’s shares)
- Min Daily Trading Volume (minimum to be accepted for a loan) = $50k USD – You can check the ticker on Market Watch
- Fixed interest rate: 2-5% – case-by-case basis [Per annum, paid quarterly]
- LTV: 55-65% – case-by-case basis [The higher the risk the lower the LTV and vice versa]
- Terms: 3yrs loan w/ 3yrs lockout, 5yrs loan w/ 3yrs lockout, 7yrs loan w/ 5yrs lockout, 10yrs loan w/ 7yrs lockout.
- How long to fund a loan: Typically, 2-3 weeks from start to finish. Depending on the borrower.
- You need the money now? We can do “Title transfer” and fund your loan in approximately 4-5 days)
- Exceptions #1 – No USA shares and Citizens
- Exceptions #2 – No Chinese, Russian and Ukraine shares (Citizens from those countries can be accepted for a loan if their shares listed in other countries)
- There are several other countries too, but these are the major ones.
- Our strongest markets: UK, Canada, Hong Kong, Singapore, South Africa, Thailand, Australia, Japan, Malaysia, New Zealand, Philippines, Denmark, France, Germany, Italy, Spain, Sweden, Switzerland, Turkey, Poland, Luxembourg, Israel, Mexico, Brazil, Argentina, Chile, Colombia, Peru.
- No upfront fees – loan origination fee of 3% to come from proceeds.