Recommendation: Cash loan against stock portfolio as collateral

Discussion in 'Retail Brokers' started by scriabinop23, Aug 23, 2009.

  1. Looking for recommendations of a broker or bank who will do as low interest rate as possible with stock portfolio non-margin secured loans (preferrably non recourse).
  2. LOL. Good one! :D
  3. Good luck! I'm looking for same... So far haircuts of 100% and higher.

    Pls lemme know if you find anything.

  4. What have you found so far?
    First priority is low rate.... the non recourse would be icing.
  5. Nothing nice... Smaller banks and they'd cherry-pick things. They'll only do things if they think it somehow offsets some other exposure they have somewhere else. I don't know the specifics of your situation, so I don't know if we're talking about the same sort of issue.