Friday, February 14, 2014

Asset montizing









PAPER ASSETS/CMO's/BOND's/CD's/TREASURIES/MTN’s/STSSTOCKS/NOTES

Asset Monetizing Process & Procedures,
(No Bearer bonds)
NO CREDIT CHECK! NO INCOME DOCUMENTATION! NO APPRAISALS!
These loans can be a line of credit, or a margin line against the asset. For stock loans we have the ability to implement a synthetic hedge against margin calls at a nominal cost to the borrower. These loans can be 100% Non Recourse to the borrower. Loans can go as high as 95% of the value of the portfolio. It is important to note that we prefer to move all securities that are being considered for a loan to our investment banking relationships, this avoids many of the problems in inherent in these investments and allows us to get to funding much quicker.
Perfect for the borrower who does not want the lengthy unpredictable underwriting associated with a real estate loan.

If it is not from a Bank or Institution we can not use it.
It also has to be on the Market with Liquidity and Trading value.
NO STATEMENT- NO DEAL
We will review and want the borrower on the phone ASAP, with the Underwriter and or Banker.
A conference call with the client will be scheduled. To further after the call we will request financials on the Borrower / Company. We will send the application to the client.


NO UPFRONT FEES
FAST CLOSINGS 3 DAYS TO 1 WEEK
When the securities are transferred we will then work to monetize them with in 3 days for the account being opened,
This usually closes in a week.
TERMS
Loan against market value,
Up to 95% at 1.5% Interest Only over 90 Day LIBOR
NON-RECOURSE
30 YEARS

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