Stockloanservice18 Nov, 2020Finance
Stock secured financing is a new financing vehicle available to shareholders, officers, and affiliates of publicly traded companies on most major international listed exchanges. The Stock Loan is non recourse with no personal liability on the Loan. If the value of the shares declines substantially, the borrower has the option of terminating the Loan, keeping the proceeds with no further liability or obligation. The lending rates are between 3% and 5% simple interest only paid quarterly. The term of the Loan is between 3 and 5 years, but typically 3 years.
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