Chicago Bancorp Security Based Lending

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Chicago Bancorp Security Based Lending

  1. 1. Chicago Bancorp Security Based Lending **The loan can be used for a down payment, to pay off a debt to qualify, to purchase the actual property, or ANY other purpose.** The Product: A Loan where the collateral is publicly traded. Min $100k Above $500mil to be discussed. No Credit report needed. No income information is requested or represented by the client. Low Interest Rates: Between 2.5% - 4.5%. High Loan to Value -- Up to 80% LTV. The main driver of LTV is how active the collateral is traded. Any Domestic or International publicly traded stock. Actively traded Bonds are eligible as well. The funds can be used for any purpose. It is a loan not a sale the borrower keeps all the dividends and all the market appreciation. The Loan is non-recourse - meaning the borrower can walk away at anytime and keep the loan proceeds. Interest only, fixed rate for life of loan, paid quarterly. 3, 5, 7, or 10 year terms. John Gusweiler Poast Senior Banker 300 N Elizabeth Suite 300E Chicago, IL 60607 Handy: 312.543.0688 Direct: 312.738.6242 jpoast@chicagobancorp.com http://johnpoast.chicagobancorp.com

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