**ASSET MONETIZING-PAPER ASSETS/CMO’s/BOND’s/CD’s/TREASURIES/ MTN’s/STOCKS/NOTES/SLS/401K/SECURITIES

401K

ASSET MONETIZING
PAPER ASSETS/CMO’s/BOND’s/CD’s/TREASURIES/MTN’s/STOCKS/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.
REQUIREMENTS
Send over a copy of the Paper Assets;
CMO’s/BOND’s/CD’s/TREASURIES/MTN’s/STOCKS/NOTES/401K/SLS
If available or send the CUSIP or ISIN Numbers. CIS Form (Request CIS Form & Recitals) and a Statementas to where the asset is held and how much of the asset the client owns.
We need a complete statement of the asset (who, where, how it’s held?)
A complete statement that shows the client’s info, how it was mailed, and the positions.
No internet statements.
The statement will come from the Bank or Institution for which it is held.
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

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