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Online Share Trading

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Loan

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Regular Contributor
What percentage loan amount of my share value Would a Bank Give me As Collateral for a Business Loan if i was interested in Purchasing a Franchise.... Would i Still collect all the Dividends from My Shares that is being used as collateral for the loan amount....?
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5 REPLIES 5
Super Contributor
I suppose depends on which bank, but from my experience the amount is...nil
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Super Contributor
better to contact the Department of Labour, lots of funds available for startups , no collateral needed, just a good business plan. the IDC will give you a loan, well, a donation actually. Problem with loan from a bank is that they expect you to pay it back...and shares as collateral, dream on
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ET
Contributor
They used to offer it on this platform to buy shares and it was between 30 and 40% for the bigger companies.
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Super Contributor
its called 'Margin Trading' but was stopped around the financial crisis time.
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Highlighted
Super Contributor
they take only 50% of the value of your shares...
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