|
|
|---|
When it comes to using your stocks or other marginable securities for financing, we know our stuff. With over 13 years of experience focused entirely on consumer and commercial securities-based financing, we know the difference between a valid, compliant stock-secured loan and one that is not. Welcome to LeverageLine SBL™, the industry's most complete securities-based institutional financing solution for clients of all kinds. Safety. Surveys showed that investors were tired of lenders who demanded transfer of ownership and title to their securities in advance of funding, allowing the "lender" to sell their shares whenever they wished while pocketing the difference between the sale price and the "loan." Such lenders offered no independent, audited financial statements for securities owners to review, and thus had no independent reserves to ensure return of client's shares. Instead, clients were asked to 'trust' them. That shouldn't have been good enough then, and it certainly isn't good enough now. Today's investors wisely demand a stock-secured loan or credit line where their precious assets are not transferred into anyone else's ownership or control but instead reside entirely in their own title and account at a fully licensed and transparent U.S. lending institution where they may still trade in their account as always. Clarity. Our clients said that they wanted to fully understand their financing beforehand. Nonrecourse stock loan providers had habitually hidden unpleasant rights the client was losing (such as the right for the lender to sell the shares)/ ABN agreed, and today our term sheets ensure that every line is clear, every statement verified, and every promise kept.
|
|
Value. Our securities-based line-of-credit programs allow you to trade in your account even while your securities back up your line.* You'll get online access and statements on demand, plus the research services of a 100+ year-old FINRA/SIPC/FDIC-member institution, licensed in all 50 states, to support your needs—at no additional charge. Now at last you can enjoy the outstanding features of an immediate credit line against your portfolio with minimum fuss or paperwork, whether you have $150K or $15M in securities— all within two weeks on average. Plus, you pay nothing until you actually use your credit line—one of the many reasons LeverageLine SBL™ has been such a popular tool for real estate investors who need handy cash without the headache of new qualifying hurdles, added debt, or time-consuming paperwork. Simplicity. No massive application forms or other hoops to jump through. Simply apply online here with a copy of a recent brokerage statement and valid ID to obtain an ABN Term Sheet. Return the Term Sheet by fax or email — there is no obligation incurred in doing so — and if your portfolio qualifies and you choose to proceed, your line can be open in as few as eight business days.** Tradition. We're a family-owned business, not an impersonal "megacorp" where your significance as a client is gauged by the size of your portfolio. We'll always take the time to help you understand your financing. We firmly believe in the old-fashioned concept that every client, regardless of net worth, is deserving of the same patient and dedicated service. Don't qualify? Don't worry. Get started today! Click here. 
| |||
*Multiple block trading or day trading may incur additional trading charges/fees. **Most transactions, however, are completed within 14 business days. Fastest funding is for cases where brokerage statement is delivered, account opened, and shares are in electronic format already. Processing factors including conversion of certificates to electronic format by lending institution or prior liens (e.g., tax or divorce liens) which may impact timing to fund or use of an LLC as borrowing party, which can require up to 14 days of additional due diligence prior to opening of line. There is no obligation to proceed with any financing offered through ABN should you apply. Your term sheet is not a binding financing contract. All clients or prospective clients are asked to read our full Disclaimer before proceeding with any financing offered through this site; please do not proceed to use this site unless you have read and agreed to the disclosures provided in the disclaimer. ABN does not offer any form of securities buy-sell or tax advice. Please consult with a licensed professional for questions regarding taxes, financial planning, insurance, or the appropriateness of securities purchasing or selling actions for your specific circumstances. Not a provider of mortgages or mortgage brokering services of any kind. Clients seeking any form of financing are expected to comply with all applicable federal or state tax and/or reporting requirements. The SIPC and FINRA logos used on this page are the exclusive property of the respective organizations and are used for illustrative purposes only. ABN is not a member of FINRA or the SIPC and use of these logos should not imply endorsement by either organization of ABN services, .Leverage Line SBL™ is a proprietary mark of A. B. Nicholas & Co. All correspondence and documentation complies with the A. B. Nicholas privacy policy. Copyright © 2011-2012 ABN. All rights reserved.
|
|||||
