Friday, January 20, 2012 - Article by: CommercialFundingNow - Commercial Funding Now -
A simple, proven and secure process to obtain funding for any purpose.
This lending platform allows the borrower to pledge their securities (stocks, mutual funds, bonds, MTN's and T-Notes) to obtain funds for personal or business use. Using securities as collateral it is possible to borrow money at a fixed interest rate that is below 4.50% for up to 10 years.
o Fixed interest rates between 2.5% and 4.5%.
o Interest-only quarterly loan payments.
o Loan terms of 3, 5, 7, or 10 years.
o No closing costs.
o No lenders fees.
o No upfront or due-diligence fees.
o No credit check or income verification.
o Funds may be used for any purpose including personal or business use.
o Non-recourse loan. The only collateral are the pledged securities. Should the borrower default on the loan, the borrower keeps the loan proceeds and the lender only claims the collateral. The borrower's liability is limited to the collateral pledged for the loan. The lender has no right to proceed against the borrower for any deficiency.
o Loans available for up to 80% of the securities value. Up to 95% on T-notes and MTN's.
o The borrower retains all dividends and upside market appreciation that the securities generate.
o Prompt response to a loan inquiry, usually within one business day of receiving the security information. Funds can be deposited into the borrowers account in three to five business days once the contract is signed and the transfer takes place.
o Flexible terms at loan maturity. The borrower may renew the loan, possibly refinance, or pay off the loan.
o Fast fundings - usually in a matter of days.
Minimum Loan Amount = $100,000 For more info, www.commercialfundingnow.com/stockloans
o 401(k)'s, IRA's or any restricted retirement fund
o Control or Restricted Stock
o Gold or silver mines
o Mines or Mining Projects
o Oil or Gas Leases
o Private notes or private bonds
o Bonds that are past maturity
o Bonds that are backed by gold
o Bearer Bonds
o Variable Structure Notes
o Surety Bonds or any type of insurance instruments
o Private Notes
o Leased Instruments
o Stocks or Bonds originating in the following countries:
Africa, Bolivia, Greece, India, Iran, Iraq, N. Korea, S. Korea, Mainland China, Malaysia, Nigeria, Pakistan, Peru, Portugal, Romania, Russia, Spain, Sri Lanka, Taiwan, Thailand, Venezuela.
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