"I would like to express my gratitude in sticking with me and getting
my loan funded. The lien finally got cleared. I
appreciate you believing in me and working with me to the end to get
You spent many months with me on this, and I am glad I chose
to call you back instead of the numerous others I could have. Thank you
also for waiving some fees, every bit helps and it really felt like you
were trying to help me rather than take advantage of my situation. This
loan was not just a loan, it is piece of mind and allows me to provide
the best service I can for my patients.
I didn't know if I would get the loan and would have to take from my IRA or credit cards
since the construction is already done. This just makes things simpler.
You have been an easy, knowledgeable, responsive, reliable, and
"Words can't describe how excellent the service was. Turned
down by 1 lender, and offered 50% financing by another lender. But Diana never gave up on
me and got the loan funded. Thank you so much."
"Thanks BRT. You guys are great at
staying in touch. Wish all the banks were like this."
"The best ever, sharp, smart and confident company.
100% on top of everything. BRT Is Amazing. handled the whole process. They really know what
they are doing and I wish I had the individual I dealt with on my team. They wouldn't take
no for an answer from people that were used to saying this can't be done."
"BRT has been great to work with throughout the
whole process. Very dependable and efficient. I would highly recommend BRT financial. Having
an independent liaison between you and the underwriter is a big advantage, especially if they
are on your side. BRT took care of all the communications and followed through every detail.
I would use their service again!"
"I just want to say "Thanks for helping get into my new practice! If it wasn't for you
helping me and knowing the right lender, I would not be in my own dental practice today.
Keep up the good work and good luck to you!"
"I would really like to thank you for your GREAT help in
getting me this hard to fund loan. I tried every bank, no one wanted to help! I know that you
worked hard and made it work. I will definitely refer you to my fellow doctors."
"48 hours after completing the simple on-line application I received notification I
had been approved for unsecured financing and just 2 days later had the money in my account
with a great interest rate and fixed terms with no pre-payment penalties."
"I went to my local bank for financing and they turned me down!
Thank you so much for all your help... 5 payments in and things couldn't be better!!
Thanks again for all of your help this past summer. It sure is nice being able to sleep
at night without worrying about how we were going to pay off those credit cards. My wife
and I can't thank you enough!!! Our other situation has also been resolved without a
problem. The best part is I am saving $2,440.29 per month and I will have it
all paid off in 5 years!"
"BRT financial did a wonderful job assisting me in the acquisition of my physician's
loan. Their extremely prompt and courteous service made the process painless, while
their attention to detail and willingness to listen allowed me to get the loan that
best suited my needs!" Thanks
"When I decided to purchase a chiropractic practice, financing became one of my biggest
concerns. Luckily I was blessed with discovering BRT Financial. My practice
finance specialist, worked one-on-one with me from the very first day. She assisted me
in exploring all my options and always gave the extra time to make sure everything went
smoothly. Thank you, BRT for helping me acquire the practice of my dreams!"
"Today I talked with BRT Financial,
I dealt with them a number of years ago when I was building my practice. BRT is Christian based and is
operated on Christian principles. You can be assured that BRT will be always looking for
what is in your best interest.…"
How It Works:
Securities information is provided from the borrower.
(A recent monthly statement works best.)
The loan-to-value ratio and the rate are determined by what securities
are pledged. The more liquid and actively the traded securities are the higher the
loan-to-value ratio and the lower the rate.
Term Sheet/Loan Commitment is then issued.
Borrower reviews and approves the Term Sheet/Loan Commitment.
Conference call is placed to answer any questions.
The Pledge Agreement and Contract are forwarded to the borrower for signatures.
The securities are then transferred to the lenders brokerage account.
Lender tracks the closing price of the shares for 3 days to obtain an average price.
The loan is then disbursed based upon the loan-to-value previously agreed upon.
Borrower makes Interest-Only quarterly payments.
During the loan term prepayment of the loan is not allowed.
Dividends from the securities is credited to the quarterly interest-only loan payment
first and any excess is returned to the borrower.
Default trigger is set at 80% of the loan amount not 80% of the securities value like
typical margin loans. For example: securities value of $1MM, loan of $800k, default
trigger at $640k (80% of the loan amount). If the securities value fell below $640k
the borrower could walk away from the obligation of repayment of the loan and keep the
original loan proceeds ($800k) or contribute cash or securities to bring the value back
up to $640k. The borrower would forfeit the collateral. Unlike margin loans this is a
non-recourse loan so there is no personal liability should a default on the loan occur.
At the end of the term the loan is paid in full and the shares are
returned to the borrower.
The loan may also be extended or refinanced.
The time frame for funding may be as little as 5-7 days.
Publicly and Actively Traded Stocks!
Treasury Notes (Not Restricted)
Most Foreign Securities Acceptable.
What Can Not Be Used As Collateral:
401(k)'s, IRA's or Restricted Retirement Funds!
Money Market Accounts!
Gold or Silver Mines!
Bank Guarantees or Warranties!
Private Notes or Private Bonds!
Bonds Coming Due Within 3 Years!
Minimum Loan Amount $100,000
Minimum Loan Term 3 years
Minimum average trading activity on stocks must be $50,000 per day.
(Average volume x current share price.)
Borrower must have proof of ownership of the securities.
No Credit History, No Income, No Employment, No Intended Use Of Funds!