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How To Get: Stock Option Loans and Stock Secured Loan
There is a lot of confusion about stock and securities backed, non-recourse lending. Here is a case study for three different scenarios of what can be done for ultimate capitalization if one owns stock and wants to monetize without selling their shares.
Client A is in the gaming business based in the Southeast and had problems getting conventional financing to fund their growth. The project was a bid and fulfillment of contract to place gaming machines in new locations recently approved for gaming. The need was $1.2 million and while the company itself could not fund its growth, the owner's personal portfolio of mostly blue chip stocks got a loan to value of 85% and a rate of 0.75% with a cap at 1.75% for 5 yrs. He has the option to renew for 2 additional 5 year periods.
Client B has substantial real estate holdings both residential and commercial. One of his larger commercial mortgages was getting ready to reset with a large balloon payment due. Not having the money and not being able to refinance with his bank he came to us. The need was $1.4 million and in this case the portfolio consisted of only one stock. That stock was a large cap stock nearly a 'blue chip' company that got a loan to value of 82% and a rate of 1.05% with a cap of 2.05% over a period of 3 yrs. He has the option of renewing for 2 additional 3 year periods.
Client C has a company that is ready to go public. They are already on board with an investment bank and their IPO has already been priced and is ready for sale to the underwriting syndicate prior to its listing and trading on the NASDAQ stock exchange. The company needed a bridge loan as well additional funding to pay the substantial investment banking and stock exchange fees to complete their listing. The need was $1.5 million and we used the Treasury stock of the Company itself that was going to be issued to do a loan at 78% loan to value at a rate of 1.00% and a cap of 2.00% over a period of 3 years. They have the option of renewing for 2 additional 3-year periods.
Raising fast capital for any reason, regardless of credit is easy if you know how!
1. Flying to Tanzania - Depending on what you want to do while visiting Tanzania you will want to fly into either the Dar es Salaam or Kilimanjaro Airport. The Dar es Salaam airport is convenient for those that plan to visit the beach destinations, such as Zanzibar or Pemba, as you can connect to those areas from Dar es Salaam. Kilimanjaro Airport is the closest airport for those visiting Tanzania to go on safari in the northern circuit including the most popular safari destination of Serengeti National Park.
Do you know what advance shipment notice is? Do you the advantages when using it to purchase items? When you purchase goods, communicate with your suppliers through a company that can serve as the advance shipment notice provider. Read the article below and find out why is it important to have advance shipment notice.
Do you want to have 3 axis in your machine shop? Do you know what a 3 axis does? A 3-axis finishing CAM module is instrumental in semi-finishing, finishing, and HSC milling of 3D surfaces. Read the rest of the article below and find out how advantageous a 3-axis would be.
I have been a sufferer of chronic lower back pain for many years and always woke in the morning to find my bank stiff and inflexible. I was getting so fed up with the situation that I decided to buy an orthopedic mattress as soon as possible, as I've heard that they could perform wonders for people with backache.
Corporations often hire professional cleaning services to clean their office but if you are unfamiliar with the world of commercial cleaning then how do you know what professional cleaners can offer?
commercial cleaning has taken off in recent years as the role of the commercial cleaner as a business has grown far bigger and more lucrative with time.
As businesses grow and the transfer of data between companies expands, their need for ERP software becomes apparent. This software allows business to transfer data between business clients quickly and with the proper translation. Here is information to give you an idea of what ERP can do for your company.