Stock loans allow you to borrow against your investment portfolio while maintaining ownership of your shares in a publicly traded company . The value of your shares is used to determine the loan amount, and the team at Stock Loan Solutions can help you navigate the entire process. We strive to answer basic questions about stock loans here, specifically how it works with the Helsinki Stock Exchange (OMXH). For more information, schedule a 15-minute phone consultation through our live chat feature below. In the meantime, keep reading to learn about stock loans against OMXH listed securities.
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The Helsinki Stock Exchange is also known as the NASDAQ Helsinki and makes its home in the capital of Finland, Helsinki. It has been in operation since the first transaction on October 7, 1912.
In September 2008, it merged with the NASDAQ Nordic (OMX), resulting in a new name of OMX Helsinki. NASDAQ had acquired OMC earlier the same year, creating NASDAQ Helsinki.
Other members of NASDAQ Nordic include:
NASDAQ Iceland
NASDAQ Stockholm
NASDAQ Copenhagen
The exchange operates with stocks traded in Euros, officially denoted by “€.”
Our rates are very competitive compared to traditional margin loans!
$25K | $50K | $100K | $500K | |
Stock Loan Solutions | 10.000% | 9.000% | 8.000% | 7.000% |
E-Trade | 13.700% | 13.200% | 12.700% | 12.200% |
Fidelity | 13.075% | 12.125% | 12.075% | 11.825% |
Charles Schwab | 13.075% | 12.125% | 12.075% | 11.825% |
Before you divert your attention to planning a Finnish getaway, let’s talk more about NASDAQ Helsinki stock loans. This non-recourse loan program enables stock owners to retain ownership of their shares while accessing cash. This cash access is often needed to pay down debt, address unexpected expenses, or diversify a portfolio. For our Finland loans, we simply require existing shares that trade on the OMXH to secure your loan.
Find out more about some features of our non-recourse stock loans by continuing reading.
Finland has the auspicious title of “happiest country in the world.” With its rich culture and stunning views, this is not hard to justify. You can even see the Northern Lights from the Arctic Lapland province! The country’s happiness may also be attributed to the thriving economy that has survived many global economic uncertainties.
The country has a thriving educational system, income equality policies, and enviable healthcare practices. The population is 5.4 million people who speak Finnish, and a small number who speak Swedish.
It is the most sparsely populated country in the European Union, but this is understandable when you consider the vast stretches of uninterrupted wilderness.
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Want to learn more about how our Finland stock loans work? See below:
The value of stocks is constantly rising and falling – that is the primary feature of the stock market after all! We have been in this business for a while so we know how to determine loan amounts based on share price , number of shares you own, and trading volume. We consider historical, present, and current market conditions to find the right value. Typically, we grant LTV ratios ranging from 45 – 60%.
When you enter into a stock loan, you are not personally liable, so there is no impact to your credit rating in the event of a default. You will not have to provide any personal guarantee to secure the loan. Your shares are all that is needed for security.
Since the loan will be secured by your shares, there is no need for a credit check. Our in-house underwriters will determine your loan package based solely on the stock portfolio. We are a direct lender that provides personalized services, and we value and prioritize communication from start to finish in our loan process.
Loan term lengths range from 24 to 60 months, and quarterly interest payments based on the prime rate are due throughout the life of the loan. Reach out soon to lock in a great interest rate.
With ample underwriting experience, our team can offer a decision and deliver funding in four to six business days. The funds will be delivered to your bank account via wire.
We strive to ensure our clients’ confidentiality and privacy are maintained at all times. We also use enterprise-class t encryption software servers to protect your information.
The first step to getting a stock loan is simply starting the application process. Our team is here to support you from step one. Start today to learn the fair value we can offer for your stocks and get the best interest rate.
The minimum requirements for a Finland stock loan are:
Stock that is free of restrictions
You own securities that trade on the NASDAQ Helsinki exchange
Schedule a 15-minute consultation to get started!
The information contained herein is presented solely for the purposes of discussion and under no circumstances should this be considered an offer to buy or a solicitation of an offer to sell any security. Stock Loan Solutions is not a registered securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. Stock Loan Solutions, its managers or affiliates have not been registered and do not plan to be registered under the Investment Advisers Act of 1940 or any similar state or foreign securities laws. Stock Loan Solutions is not registered under the Investment Company Act of 1940 or under any similar state or international securities laws. Stock Loan Solutions does not offer any form of investment (buy or sell) advice, tax counseling, estate planning, or any other securities or financial advice whatsoever. No statements on this website or any verbal or written statement by any representative shall be construed as such advice. We are neither licensed nor qualified to provide investment advice.
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