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LeverageLine came to the rescue for Joseph Wesson III, owner of a lavendar farm in Howard Country, Maryland. Mr. Wesson’s farm could not get its produce to market in time; dried lavender had to get to the consumer quickly to retain all the characteristics that make it a health produce for millions. But without the right trucking services, the crop will be lost and unsellable. 

Wesson owned $1 million in various stocks and REITs he had accumulated over the years. He enjoy dabbling in the market. He did not want to sell a single share, incurrng massive tax hits in the process. His brokerage only offered 50% margin loans at ridiculous rates — 7%. It made no economic sense to use his brokerage. 

Enter A. B. Nicholas. We are the specialists in securities-based lending — the leader. We offer expertise and experience in securities-based financing literally going back two decades. We have been rated A+ accredited by the Better Business Bureau for ten years. 

We offered Mr. Wesson a $850,000 line of credit at 3% — less than half of that his brokerage was charging. And his lender was a major household-name licensed SIPC-FINRA institution. 

Mr. Wesson purchased a small fleet of specialized vans that were further outfitted to retain the aroma and quality of the freshly dried lavender from his farm. 

Today, Wesson’s Oils is a major US producer of aromatherapy products. All of it began with the funds that made Mr. Wesson’s business profitable initially, allowing him to expand and become very wealthy in the process. 

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