A couple contacted their financial advisor to discuss making a significant withdrawal from their non-qualified account. They were trying to purchase a larger home in a competitive housing market, but their mortgage contingency was keeping them from winning bids. They were frustrated. “We need the cash,” they explained.
Fortunately, their financial advisor had a solution—a TriState Capital Bank securities-based line of credit (SBLOC). This gave them quick access to cash without making a substantial withdrawal that would disrupt their long-term investment goals.
As an industry leader in securities-based line of credit (SBLOC) financing, we are here to add flexibility and convenience in securing the house of their dreams. With competitive interest rates and flexible repayment terms, an SBLOC is the perfect solution for your clients that are ready to make a move.
