New York Dubai Investment Trust

This lending platform allows the borrower to pledge their securities (stocks, bonds, MTN's and T-Notes) to obtain funds for personal or business use. Using securities as collateral it is possible to borrow money at a fixed Prime Interest Rate that is Libor.

 

 

•  Fixed interest rates between 8.5% and 14% conditional to business financial statement • Interest-only quarterly loan payments. • Loan terms of 3, 5, 7, or 10 years. • No closing costs • No lenders fees • No upfront or due-diligence fees • No credit check or income verification • Funds may be used for any purpose including personal or business use

 

• Non-recourse loan. The only collateral are the pledged securities.   Should the borrower default on the loan, the borrower keeps the loan proceeds and the lender only claims the collateral. The borrower’s liability is limited to the collateral pledged for the loan. The lender has no right to proceed against the borrower for any deficiency.

 

• Loans available for up to 50% of the instrument's value. Up to 75% on T-notes and MTN's *The borrower retains all dividends and upside market appreciation that the securities generate

 

• Prompt response to a loan inquiry, usually within one business day of receiving the security information. Funds can be deposited into the borrowers account in three to five business days once the contract is signed and the transfer takes place.

 

• Flexible terms at loan maturity. The borrower may renew the loan, possibly refinance, or pay off the loan.