Does Your or Your LeverageLine Client’s Stock, Bond, or Mutual Fund Portfolio Qualify for LeverageLine Financing?

One of the most frequent calls we get is about whether a particular portfolio qualifies for our versatile LeverageLine securities-portfolio credit line. The rules are pretty simple, but you can get more details on our website by visiting our page for Loan Requirements. You can also check on your client’s securities history yourself by clicking here.

If the non-IRS/401K stocks, mutual funds, bonds, ETFs, etc. in your portfolio.

  • All have a price of $5 per share or higher for U. S. stocks, 50 cents equivalent for foreign stocks
  • All have an average volume of at least 250,000 shares per day
  • None are part of a retirement plan as noted above
  • They are public stocks, bonds, ETFs, etc., trading on major exchanges, for at least 6 months. Exceptions may be made for major company IPOs (initial public offering).
  • The total value of the portfolio is at least $85,000 at inception. The limit on portfolio size is $380 million for this program.
  • Client/borrower must produce a valid picture ID (driver’s license/passport) and recent bank or brokerage statement for licensed lending institution use only (see our privacy policy for more on security of our clients’ documents). 

Visit our website at https://abnicholas.com to refresh you understanding of the program and to answer specific questions. Feel free to ask via email at support@abnicholas.com or our contact form.

In the end, we want a satisfied client above all; but we also take our responsibility to compensate our referral agents seriously. A good deal should be a win for all concerned.

 

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Related Posts

Why Obtain Agent Certification?

Every registered Agent with A. B. Nicholas is required to obtain Compliance Certification to receive fees on any transaction they refer to the A. B. Nicholas LeverageLine program. What does certification do for you otherwise?  Certification gives you legal protection. Your test scores and your certification certificate are kept on file at A. B. Nicholas to prove that you have not only take the training course but passed the exam.

What Makes an A. B. Nicholas Stock Loan Better Than Others?

I’ll get right to the point.  Our rates beat anything you can get from any retail brokerage or bank.  Our loan-to-value is the highest in the market.  There is no change of ownership, nor sale of a single share required for this simple asset-based securities portfolio credit line.  Your loan is entirely, 100% managed by an accomplished FINRA-registered, licensed advisor from the major household-name brokerage/bank that services your loan program. 

Reminder: April 15 for Turning in New Agent Agreement to ABN

April 15 (tax day) is also the deadline for any existing Agent signed to our old agreement to have their new Agent Agreement signed and on file with A. B. Nicholas.  Any pre-existing Agent who has not signed by that date, will be removed from the Agent portal and resources and will need to reapply in the future as a new Agent applicant if they should seek to refer clients

Join Our Weekly Newsletter

We do not sell, communicate or divulge your information to any third-parties.