Who is a trusted authority to talk with about a Stock Loan?
ICON Commercial Lending is a trusted authority for non-recourse stock loans.
ICON has a proven track record in providing world-class customer service to their clients.
ICON is a Full-Service Securities Lender offering 100% Non-Recourse / Non-Purpose Loans, based upon stocks & other securities to obtain loans for personal or business purposes.
ICON is located in Salt Lake City, Utah. We are supported by a national network of loan professionals and other financial, legal, and research support personnel.
Securities Lending is a long-established process. Collectively ICON has funded hundreds of successful stock-lending transactions which have been executed involving the American Stock Exchange (AMEX), National Stock Market and Small Cap Stock Market (NASDAQ), New York Stock Exchange (NYSE), Over-the-Counter Bulletin Board (OTCBB), and certain foreign exchanges.
Click here for information about ICON’s Non-Purpose, Non-Recourse Securities Loans
For those with money invested in marketable securities, there is a golden opportunity to cash-in on the tremendous RE investment opportunities now available. Today, there are multiple commercial & residential RE properties available for about 30% to 50% of what they were only two years ago.
Stock loans can be used to purchase RE or any other use – these are non-purpose / non-recourse loans.
For example, CEOs, CFOs or COOs, with large publically traded companies, who have large blocks of Corporate can leverage those assets to take advantage of investment opportunities.
This lending program is designed for a forward-thinking investor who wants to retain the future ownership of their assets as well as leverage the present value of their securities for immediate cash needs.
These loans are –
Simple & Quick – NO Credit Check / NO Income Verification
NO Upfront Fees / NO Closing Costs / NO Personal Guarantee
- Loans are “Non-Purpose” – loan can be used for virtually anything borrower wants to accomplish (personal or business)
- Loans are “Non-Recourse” – giving the borrower the opportunity to simply “walk away” if the collateral falls below a set floor amount
- High Loan-to-Values – up to 80% LTV (depending upon security); which is much higher than banks and brokerage companies can offer
- Loans are Interest Only – principal payment at maturity; otherwise loans can be refinanced or extended
- Low Fixed Interest Rates – usually between 2% to 4%
- Loan Term – minimum of 3 yrs; also 5 yr / 7 yr / 10 yrs
- Quick Funded – usually within 5 to 7 business days
Click here for information about ICON’s Non-Purpose, Non-Recourse Securities Loans
Tags: beneficial ownership, marketable securities, non-purpose lending, Non-Recourse Securities Loans, securities lending
January 19, 2010
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