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Simple Steps |
• Complete the
Express Quote Form
listing the names of securities, their stock symbol along with the number of
shares
• 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!
