Let’s say you own a multi-stock portfolio that includes some bonds and mutual funds, totalling about $100,000 in value. It’s not in an IRA, and the stocks are all solid, have been in the market for awhile, and come with prices of at least $5 a share.
If so, you qualify for the A. B. Nicholas LeverageLine credit line program, which has no impact on our client’s credit records, as we do not use credit for anything other than to corroborate who you are. And only well into your loan application — there are no credit inquiries for a loan quote (www.abnicholas.com/quote).
But what exactly are you getting?
Well, your application will be sent to up to four different stock brokerage/banking executives who have agreed to review our clients’ applications and provide wholesale quotes. We take the best of them — they know they’re competing — and we deliver that executive (a CFP or RIA with an impeccable FINRA record and at least 20 years of solid performance at their institution) to our clients with their loan pre-approved. There are no mandatory costs at the lender side — if you only want a loan, that’s it. You’ll only be required to pay the interest on what you choose to draw from your line. Like a home equity line.
By using this method A. B. Nicholas and its 3,000+ certified agent force around the country have solved a number of problems for American borrowers everywhere. Those who thought their brokerages margin loans — always very expensive with high rates and loan-to-value capped by law for ‘purpose credit’ at 50% — always express great joy when they realize how much money they are saving with A. B. Nicholas.
We are the ONLY firm in the United States with this method of operating, entirely aimed at getting the best stock loan credit lines from licensed, FINRA/SIPC major public institutions, “through the back door” so to speak. We give our clients a direct highway into the wholesale section of their lending operations which is usually reserved only for the largest and oldest pre-existing accounts. Not so with the A. B. Nicholas LeverageLine program.
Get your LeverageLine quote today. There’s no downside whatsoever, or cost, or obligation, but you’ll learn something about what is available to you with your secure application. Come on over: www.abnicholas.com/quote.