Types of Stock
- Free-Trading
- Restricted:
*Must trade on AMEX, NASDAQ, or NYSE
*Must be listed; not on Pink sheets or OTC
*Trade at greater than $1.00 per share
Terms:
-Short Term
-Mid Term
-Long Term
Choice of renewal
-Increase Loan Amount
-Increase Loan Term
-Terminate Early
Choice in exit strategy
-Pay out of pocket
-Ask us to sell the shares needed to pay off the loan
Traditional Lenders:
-Unwilling to use stocks as collateral, leaving you with few options.
Brokers:
-Most Brokers who are able to margin your stock, often give you only a small percentage of the true market value.