If you feel the frustration and anger that so many other small and large business owners are insurance firms to beg, and beg, and beg in front of your supposed “Friendly Banker” after providing them with tons of paperwork, and once they have cross examined not merely your successful business, nevertheless, you and all your employees because you asked for a small business loan to expand your thriving business, or even to finally modernize and/or add that much needed machinery which you can now buy at a fraction from a few years ago, or maybe make that smart acquisition, and at the end of all this humiliation you’re told – Sorry, but we are not providing any commercial loans at the moment! Arggghhhhhh, it’s enough to operate a vehicle anyone insane.

Well, you will find a very innovative, fast and simple way that many savvy, informed business owners have already been able to get that much needed financing by using a Pledged Asset Loans or elsewhere referred to as PAL’s to secure the financing they want.

PAL’s you ask, what is a PAL’s? A PAL’s loan is really a Pledged Asset non-recourse Loan (read no personal liability), true NO DOC loan program offered to anyone holding any publicly traded security worldwide. Let’s explore a bit more and where you could get your PAL’s loan today.

There are specialized financial companies offering securities based loans to investors seeking to maximize the potential of these existing publicly traded securities through their Pledged Asset Loan (PAL’s) program. These clients would like liquidity for personal or business use without having the necessity to sell their existing securities.

The target is to deliver customized, innovative financing answers to individuals and businesses seeking an alternative solution to the direct sale of these securities. We are able to provide this financing in an easy, streamlined manner with reduced paperwork in as little as a few days.

The majority of the stock loan programs are non-purpose and non-recourse requiring no documentation. There is also no credit check no income or employment verification. The only real collateral reviewed and evaluated will be the pledged securities from our clients. The pledged securities are our lenders’ only recourse.

These company’s offer lending facilities on most securities traded domestically and of all international exchanges.

A PAL’s program is unique versus traditional securities based lending programs, commonly known as “margin loans”. The maximum amount that a lot of traditional investment banks will lend on a high quality securities portfolio is 50% of its value, rather than all securities are believed “marginable”. The interest rates are typically higher and predicated on variable indices such as LIBOR or prime.

In addition, there’s personal liability connected with these traditional types of margin loans. Conversely, PAL’s program allows securities based loan facilities of up to 85% of the worthiness of publicly traded stock portfolios, or more to 95% on top quality government debt at very low fixed rates. short term personal loan Most securities meet the criteria for the program if they are considered “marginable” or not and there is absolutely no personal liability.

This is once you cannot afford the dream house that you want and you settle for less and use it as a stepping stone to get the dream house you always wanted. For instance say that the house that you want to buy costs $300,000 and you also don’t have the mandatory money right now just what exactly do you do? You get a house that’s slightly run-down and pay a down payment of lets say like $8000 on it.

Then you can rent it out and the rental income you earn may be used for repairing the house and once the repair work is complete, you can sell it for a healthy profit, and you are one step closer to purchasing the dream house you always wanted. Be advised this is simply not for impatient people, to save lots of the money you might have to do some of the repairs yourself, also keep a sharp eye on repairs because if the repairs consume the gains then it wouldn’t turn out to be a profitable venture.