WHEN YOU NEED FINANCINGBusiness Lending Services
Our Professionals in Lending Services Can Create a Lending Plan that Pays Off
You will have the opportunity to utilize the Raymond James Bank for a Securities Based Line of Credit that can help you capitalize on various opportunities and is flexible enough to meet almost any personal or business financing need. The loan is collateralized by securities within your Raymond James brokerage accounts, giving you increased borrowing power and highly competitive pricing. An alternative to selling securities and disrupting your long-term investment plans, you can use your Securities Based Line of Credit for the cash you need to today while still building for your future.
The team at The Avenue can also guide you through a comprehensive array of corporate, small business, and real estate lending programs designed to suit a variety of business needs. Whether your needs are related to business expansion or real estate for a new office building, we will work with you to design a financing program suitable for your company while paying close attention to how those expansions will create capital growth.
Secured Business Loans
Small businesses can benefit greatly from a secured business loan available through Raymond James Bank, an affiliate of Raymond James Financial Services, Inc. Companies that have brokerage accounts, vehicles, inventory, equipment, accounts receivable, land, buildings or other property to put up as collateral will have significantly lower payments and significantly longer repayment periods as compared to unsecured, collateral-free loans. There is also the possibility of a tax benefit with deductible interest amounts.
Please note, the proceeds from a Securities Based Line of Credit cannot be used to purchase or carry margin securities.
Corporate loans and lines of credit from Raymond James Bank can be used for a variety of business purposes, including acquisitions, refinances, equipment purchases, working capital, and other growth purposes for existing businesses. Financing is available for term loans and lines of credit.
Unsecured Business Loans**
An unsecured loan may be a better financial choice for your business needs. You will not have to put assets on the line for the loan, and therefore may have a higher borrowing ability without the value ratio assigned to collateral. Your approval may be much faster without having to have assets appraised and documented. Your interest rate might be slightly higher than a secured loan but you may have a more flexible use of funds.
Otherwise known as a Small Business Loan, this is a loan through a bank that is backed by the Small Business Administration allowing banks to take a slightly greater risk when lending to small businesses for working capital and fixed assets to keep your business running.
*Available through Raymond James Bank, which is an affiliate of Raymond James Financial Services, Inc.
*Not available through Raymond James Bank
A Securities Based Line of Credit (SBLC) may not be suitable for all clients. The proceeds from a SBLC cannot be (a) used to purchase or carry securities; (b) deposited into a Raymond James investment or trust account; (c) used to purchase any product issued or brokered through an affiliate of Raymond James, including insurance; or (d) otherwise used for the benefit of, or transferred to, an affiliate of Raymond James. Raymond James Bank does not accept RJF stock or any securities issued by affiliates of Raymond James Financial as pledged securities towards a SBLC. Borrowing on securities based lending products and using securities as collateral may involve a high degree of risk including unintended tax consequences and the possible need to sell your holdings, which may lead to a significant impact on long-term investment goals. Market conditions can magnify any potential for loss. If the market turns against the client, he or she may be required to quickly deposit additional securities and/or cash in the account(s) or pay down the loan to avoid liquidation. The securities in the Pledged Account(s) may be sold to meet the Collateral Call, and the firm can sell the client’s securities without contacting them. A client is not entitled to choose which securities or other assets in his or her account are liquidated or sold to meet a Collateral Call. The firm can increase its maintenance requirements at any time and is not required to provide a client advance written notice. A client is not entitled to an extension of time on a Collateral Call. Increased interest rates could also affect LIBOR rates that apply to your SBLC causing the cost of the credit line to increase significantly. The interest rates charged are determined by the market value of pledged assets and the net value of the client’s Capital Access account.” And “Securities Based Line of Credit provided by Raymond James Bank. Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. are affiliated with Raymond James Bank, a federally chartered national bank.