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Complete the Express Quote Form listing the names of securities, their
stock symbol along with the number of shares.
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- Upon receipt, a loan proposal will be quickly drawn up to determine loan
amount and interest rate.
- A Term Sheet (Loan Commitment) is issued and if the terms are acceptable then
the Pledge and Loan Agreement are forward for signature
- A conference call is placed with the borrower to answer any questions and to
insure the borrower understands the complete loan transaction
- Arrangements are made for the quick transfer of the securities
- Values will be verified and within days loan proceeds are transferred into
the borrowers bank account.
- At the end of the loan term, the
borrower may renew the loan, possibly refinance, or pay off the loan. Upon
repayment of the loan the same amount of pledged
collateral are returned to the borrower.
It's that simple!
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