Key Facts:
- Client: Jersey Resident
- Security: AIM Listed Stock / Market Cap c.£400,000,000
- Security Value: £2,000,000
- Loan Amount: £1,050,000
- Product: 5 Year Fixed
- Interest Rate: 4.25%
In this case, we were approached by a Jersey resident who was looking to leverage their single stock holding listed on AIM. The capital raised was to be utilised for the deposit on a residential property in Jersey.
Whilst the majority of private banks will take security of, and lend against, diversified investment portfolios and blue chip stock, when it comes to single lines of lesser known stock a specialist lender must be engaged.
This deal was proposed, negotiated, approved and completed in around four weeks. The borrower was able to complete the acquisition of their dream home without having to divest themselves of an investment that has future growth prospects that far outweigh the cost of the loan in question.
Individuals are becoming more sophisticated and with financial investments being readily accessible to the general public, there is scope for investors to create liquidity out of almost any asset that has a recognised value.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
