Worldwide Capital Group, LLC (“WCG”) is a global merchant bank and strategic advisory firm headquartered in San Francisco, CA. WCG’s Stock Lending Program provides investors with an avenue of diversification, liquidity and risk control.WCG provides loans on every form of equity ranging from restricted securities, free trading securities, options, and warrants.
Rationale of WCG’s Stock Loan Program:
We provide loans for the following:
Use of proceeds of the loan can vary, but may not be used for the purchase of marginable securities. Uses of loan may include:
For more information:
Worldwide Capital Group LLC
353 Sacramento Street
San Francisco, CA 94111
www.wwcapgroup.com
Craig Sultan
Chief Executive Officer
Tel. (O):415.578.4576
csultan@wwcapgroup.com
James Flannery
Associate
Tel. (O):415.251.9816
jflannery@wwcapgroup.com
Frequently Asked Questions
How much can I borrow against my stock?
It depends on a variety of factors and merits related to the securities you wish to pledge. Securities trading on the major exchanges can realize a loan-to-value (LTV) as high as 80%. Pink sheets and bulletin board securities will be lower due to price and volume requirements. Contact WCG to determine the appropriate LTV that your security demands.
Can I borrow against more than one company's stock?
Yes. WCG can assist you with a quote on a basket of securities. A basket of "like" securities will stabilize the LTV, whereas "unlike" securities will affect the LTV.
What types of securities can be used?
WCG accepts all of the major U.S. exchanges (AMEX, NYSE, NASDAQ), the smaller exchanges (Pink Sheets and Bulletin Boards), and can also arrange financing against securities on many of the foreign exchanges as well including Hong Kong, London, et. al.
Is there a minimum or maximum loan amount?
Minimum loan amount financed is $100,000. There is no maximum.
What are the eligibility criteria for a stock loan?
This is determined on a case by case basis; however, the leading indicators when determining the eligibility of a stock as collateral are going to be the exchange, volatility, share price, trends, filing status, and short/long- term trading volume. When providing a quote, we will explain how these factors relate to your securities presented as collateral.
How fast will my loan close?
That depends on a variety of factors, the most important of which is how responsive you are to completing the steps needed to obtain your loan. Once all agreements are in place and shares have been transferred, the loan will typically fund in 24-72 hours.
Are there any hidden costs or fees?
Much like a mortgage loan there are points charged as a fee for our services, which will always be fully disclosed from the outset. Most importantly, there are never any up-front fees or out-of-pocket costs from WCG.
Are there restrictions on the proceeds?
The loan proceeds are yours to use as you wish. However, they may not be used for the purchase of marginable securities.
Securities offered through 1st Bridgehouse Securities, LLC (1BS) Member FINRA/SIPC.