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Stock-Secured Loan and Line of Credit

A way to get even more out of the stocks you already own.

Apply for a LoanCall for Rates 1-800-621-2105

Stock-Secured Loan and Line of Credit

Secure your loan with stock and enjoy a low interest rate.

KEY FEATURES

  • Uses stock you own as collateral
  • Borrow up to 70% of the current market value of the stock
  • Get a lower interest rate than an unsecured loan
  • Variable interest rate indexed to Prime Rate as published in The Wall Street Journal1
  • Available as a term loan or line of credit

MAY BE A GOOD CHOICE IF

  • You own stocks and want to continue getting the benefits of dividends or stock splits while being able to use the cash value of your stock
  • You don’t want to use your home as equity for a loan or line of credit

Call for Rates 1-800-621-2105

What Will My Loan Payments Be?

Stock-Secured Loan Calculator

Results

  1. 1 Collateral value will be determined by LPL Financial derived from the previous day’s closing price of the security. Elements Financial will lend up to 70% of the value of any securities, subject to credit approval, held in an LPL Collateralized Loan Account, except for the purpose of purchase or carrying securities, which the maximum loan to value will be 50% as in accordance to Regulation U. Stock loan minimum is $5,000. The interest rate shall be a variable rate equal to the Prime Rate as published in The Wall Street Journal on the last day of the previous month plus or minus a margin rounded to the nearest 0.25%. The rate will never be higher than 18% or lower than 3.75%
  2. 2 Based on asset size as of 12/31/2022.