Low Interest Rate Stock Loans Via Non-Recourse and Recourse Stock Lending
JG Wealth is currently offering stock loans for qualified borrowers of publicly traded securities. This stock loan lending program assists borrowers by allowing him or her to benefit from the current value of their stock asset, without the risk of the loss of their collateral to changes in market conditions. A loan against securities is thus extremely desirable in today's unsettled economic environment.
- The loans have medium-term lock out periods, which allow the shareholder to exit the loan should he or she desire.
- Interest rates range from 3% to 5%, depending on the security and the exchange it trades on, making them competitive with other financial instruments.
- These loans are interest only, with the principle due only upon the completion of the loan at term. Furthermore, the loan can be extended for one additional year if desired by the borrower, for a fee of 1%.
- The lack of any impact on the customer's credit rating via negative credit reports should the loan be defaulted on. This allows the borrower to make a decision unencumbered by the fear that it will have a long-term impact on his or her credit worthiness.
In addition, JG Wealth does not require a credit check, income verification or even employment verification to receive a quote. Thus, obtaining a loan with extremely reasonable terms is possible, even for those who are suffering momentary economic distress. In fact, this makes a stock loan an ideal vehicles to help assist during such periods of distress.
In the world of security lending, these loans are one of the best financial vehicles for individual shareholders and brokers alike. Combining the advantages of a short turn around period, no or limited liability for a default, and an easy and effective approval process, a non-recourse stock loan is an ideal method to maximize short and long-term planning.
By working with JG Wealth, the shareholder can be assured that his or her loans will be treated as part of a long-term relationship between JG Wealth and the borrower. No matter the nature of the loan, JG Wealth wishes to enter into a long term relationship and will treat the borrower in a way to insure that the borrower will also value their partnership with JG Wealth.
