Borrowing against eligible assets in your portfolio can give you a back-up source of liquidity so you have the Stock flexibility you need to respond to an unexpected opportunity or meet a sudden Stock need. At the same time, you avoid disturbing your underlying investment strategy.Borrowing against eligible securities, rather than selling them, may also allow you to defer potential capital gains taxes while keeping your long-term investment strategy intact.
Even better, a Credit Line costs are only 2 % and you get the funds in less then 7 days. You pay interest only on the funds you borrow.And it’s simple to apply: Speak with your rep to get things started.With a Credit Line in place, you can write a check or use a Federal Funds wire to access your funds.
Your Credit Line gives you the Stock flexibility you need to:
• Finance a home purchase
• Explore business opportunities
• Refinance high-interest debt
• Fund higher education
• Purchase a luxury item