A Premier Line of Credit (PLOC) lets you tap the value of your investments while your portfolio and investment strategies remain intact.
You can use your PLOC for a wide range of cash needs while your carefully constructed portfolio continues to grow.
Highlights
- An interest-only revolving credit line backed by non-qualified securities held in the investment account
- Available to individuals, trusts and entities
- No income verification for individuals, joint accounts or trust
- No application fee,1 no annual or monthly fees
- No charge for portion of the line not in use
- May help avoid the potential tax consequences of liquidating assets2
- Simple application and underwriting process
- Easily disburse funds with fee-free checks, ACH and same-day wires3
Use your PLOC your way
- Purchase/renovate a home
- Pay taxes (income, estate, inheritance)
- Finance business operations
- Pay college tuition
- Manage medical bills
- Pay for a wedding
- And more4
Advance Rates
Collateral Eligibility Guidelines
FAQs
For more information about the PLOC, contact the Client Success Team. To determine if a Premier Line of Credit is appropriate for you, please contact your financial professional.
1 The Bancorp Bank, N.A. does not charge an application fee. State, local, and/or third-party fees may apply in some states.
2 Securities-based borrowing has special risks and may not be suitable for everyone. Consult a financial advisor about any associated risks. Consult a tax advisor for tax-related matters and an attorney for legal matters. The Bancorp Bank, N.A. does not provide financial, tax or legal advice.
3 Not all access options are available for all out credit line products. Contact the Client Success Team with questions.
4 A PLOC cannot be used for the purchase of additional securities or to pay off a margin loan that was used to purchase securities.