Fractional Ownership News
Is Fractional Ownership Finance On It's Way?
US Company Securities Based Funding, Inc. today announced a unique financing advantage to borrowers against the value of their securities portfolio at below-market, simple interest, fixed rate loans ranging from 2.5% to 4.5%.These non-recourse loans will assist buyers, sellers and developers of properties worldwide.
Despite the credit crunch and while access to liquidity through traditional capital markets is difficult in today’s uncertain economy, security-based loans enable borrowers to access liquidity at below-market rates by pledging the securities they own as collateral for the loan. Eligible securities are publicly trades stocks, bonds, tradable mutual funds, unit investment and real estate investment trusts as well as foreign positions on international exchanges. Ineligible securities include, privately held stocks, securities held in retirement accounts, such as, IRAs and 401Ks.
The borrower retains all upside market appreciation and receives any dividends or interest to which the securities are entitled. Loan to security values (LTV) range from 35% up to 80%. The more liquid and actively trades the securities, the higher the LTV. Securities Based Funding, Inc. represents a full-service, private, nonpurpose, direct lender that specializes in securities-based lending with investors in need of prompt funding. Terms are based on the evaluation of the risk and future performance associated with the stocks, bonds or U.S.
Successful stock-lending transactions have been executed involving the American Stock Exchange, NASDAQ National Stock Market, NASDAQ Small-Cap Stock market, New York Stock Exchange, Over-the-Counter Bulletin Board and foreign exchanges.
04/08/2009
Surrounded by rolling hills, winding rivers and peaceful lakes, Arcos Gardens is nestled in a typical Andalucian landscape, just 20 minutes from the vibrant city of Jerez de la Frontera. The luxury four bedroom villas overlooking the 17th hole of one of Europe’s finest golf courses are being offered in one eighth shares, allowing for 6 weeks ownership per year. Fitted to an extremely high standard, each villa comes with a large private swimming pool, Jacuzzi, state-of-the-art kitchens and a Bang & Olufsen sound system. In addition, Golf Membership is included as is membership to the Registry Collection, which offers owners the luxury of changing some of their usage weeks for other luxury resorts around the world.
