Non-Recourse Stock Loans There is a crucial distinction between the loans we offer, non-recourse stock loans, and the more commonly issued recourse loans. Both loan types include borrowing money in return for collateral. With recourse loans, however, the lender can come after much more than what you put up as collateral, and failure to repay the loans can result in When you borrow for a personal or business-related purchase, such as a vehicle or a tractor, you typically enter into what’s known as a recourse loan. This means that you are fully responsible to repay that loan by whatever means necessary, including not only repossession of the asset(s) you bought with the loan, but any other assets necessary to repay the full loan amount. If your financial situation suddenly changes, this can leave you in a dire predicament, with years spent digging yourself out of a financial hole. Then there’s the type of loan we offer: non-recourse loans. With security-backed loans, you don’t have to worry about a major change in your financial situation or the value of your pledged securities, because you can walk away from the debt at any time, problem-free. Why our stock loans are the right choice: No credit checks No requirement to repay, no effect on credit if you terminate the loan early Walk away from the loan at any time You never lose ownership of your shares. Keep earning a return while enjoying liquidity. Protect yourself from major capital losses. If the value of your share suddenly falls, simply walk away from the loan. There are several reasons you may decide not to pay your debt, and relinquish the securities you pledged, but the most common reason is that the value of those securities has fallen dramatically. For this reason, a stock loan is
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