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Asset-Backed Lending and
Liability Management
Liability management is an important component of any financial plan.
There could be opportunities for you to save additional dollars if existing lending solutions are no longer serving their needs. For example, a better lending solution could reduce your monthly loan payment. This increased cash flow could then be allocated towards realizing your goals.
Naismith Wealth Management | 2626 N Lakeview Avenue #307 |Chicago, Illinois 60614 | 312.757.4547 | www.naismithwealth.com
Lending Services
Securities-based borrowing offers a number of attractive features to meet your needs:
Access to cash when you need it Typically lower rates than other forms of credit No set-up, non-use or cancelation fees Ability to borrow between 50% and 95% of your
eligible assets' value, depending on the collateral and type of line of credit you receive
You can choose from different lines of credit to access funds for practically any purpose. As long as your account has sufficient eligible securities to use as collateral, this type of credit line may be easier to obtain and more cost-effective than other alternatives. Some of the most common uses include: Unexpected expenses Tax bills Home renovations Debt consolidation Real estate purchase Business opportunity
Asset-Backed Lending
Liability Management is equally
important as Asset Management Our partnership with First Clearing, LLC and TradePMR gives us the
ability to access the banking & lending capabilities of Wells Fargo Bank,
who provides a comprehensive suite of services for both individuals
and businesses. This grants you access to lending products designed to
preserve wealth, provide cost-effective & tax-efficient financing, and
meet your financial goals.
Note that the information provided is not intended to give any specific advice nor an offer to purchase or sell any securities. It purpose is for informational purposes only. Please remember that past performance may not
be indicative of future results. Information pertaining to Naismith Wealth Management operations, services and fees is set forth in our current disclosure statement, Form ADV Part 2A and 2B. A copy of which is available
at www.naismithwealth.com under Important Disclosure.
Margin Account Secured PrimeLine® Line of Credit
Custom Loans
Product Description
A convenient financing source to pursue investment opportunities or to meet other personal financing goals.
A line of credit backed by your eligible securities offered through Wells Fargo Bank.
Customized loans or lines of credit with flexible advance rates and terms.
Borrowing Need Any amount $100,000 minimum; ideal for $1 million - $5 million
Ideal for $5 million and up
Fund Access Check, check card, and wire transfer
Check, online transfer, and wire transfer
Wire transfer
Uses Anything including to purchase securities
Anything except to purchase securities or pay down margin
Anything except to purchase securities or pay down margin
Typical loan-to-value 50-90% based on asset class 50% - 95% based on asset class and underwriting option
50% - 95% based on asset class
Term No set expiration 36 months Varies
Interest Rate Index Broker’s Call Rate + 2.5% Wells Fargo Bank's Prime rate or LIBOR
Wells Fargo Bank's Prime rate or LIBOR
Payment Required No minimum monthly interest payment required
Monthly interest only Monthly interest only
Underwriting Requirement Collateral review Collateral and borrower review
Collateral and borrower review