How Our Finland Stock Loans Work
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.
About Finland
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.
How Do Stock Loans Work?
Also known as securities lending, these loans are available to help investors keep the stock they own while still having access to the cash they need in order to make other investments. Our borrowers gain the opportunity to dip into the value of their non-marginable stock quickly and easily without having to wait a long time for the money.
Our loan amounts are dependent on characteristics of the collateralized security, including the number of shares, price, volatility, and additional criteria. By transferring your stock to us, you can be assured of receiving a loan against its value. All you have to do is make quarterly interest payments during the life of the loan. We keep the process simple: once you fully repay the borrowed amount, your stock will be transferred back to you.