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Our Collateral Lending Program, underwritten by TD Bank, offers a convenient way to finance almost any need - without having to liquidate your security holdings. If your account is eligible, your existing portfolio can be used to finance a variety of goals and needs.1 These may include:
Short-term cash flow gaps
Business expenses, including day-to-day or longer-term capital expenditures, or interest in a business partnership
Education expenses and other memorable life events2
Real estate and luxury purchases
Liquidity for estate planning
Tax planning
Refinancing high-interest-rate debt or credit cards
See below for additional details on Collateral Lending Program risks and advantages.
Benefits of the program
Liquidity
Your loan will use your portfolio as collateral, without requiring you to sell your positions.Low rates and cost
Both variable and fixed-rate loans are typically lower than traditional banking products and have no origination or underwriting fees.Quick decisions
After completing the digital application, your loan may be approved in as little as 24 hours.3Simplicity
Less documentation is required compared with traditional lending products.

How the Collateral Lending Program works
Lines of credit and pricing
Credit lines are available based on the value of your eligible and pledged securities. The amount borrowed is typically between 50% and 70% of a client's diversified investment account portfolio.
Credit line amount |
Base rate |
---|---|
$150,000 - $249,999
|
Base rate
SOFR + 4.10%
|
$250,000 - $499,999
|
Base rate
SOFR + 3.10%
|
$500,000 - $999,999
|
Base rate
SOFR + 2.60%
|
$1,000,000 - $2,999,999
|
Base rate
SOFR + 2.25%
|
$3,000,000 and above
|
Base rate
SOFR + 1.60%
|
Rates are as of 3/10/2022. All information provided on this page is subject to change at any time without notice. Rate based on 1 Month Term SOFR.
|
How to qualify for the Collateral Lending Program
In order to qualify for a loan or line of credit, you'll need sufficient eligible collateral within your portfolio. This can include:
- Marginable equity securities, including ETFs and most mutual funds that must have a value of at least $5 per share and a $300 million-plus market cap
- Cash and cash equivalents, such as certificates of deposit
- Fixed-income investments, including most investment-grade corporate, Treasury, municipal, and government agency bonds
Additionally, not all securities or account types are eligible to participate in this program, including, but not limited to, retirement accounts. Eligible account types include individual and joint accounts, family offices and related structures, and personal holding structures, such as corporations, LLCs, LPs, and Trusts. For-profit operating entities and not-for-profit accounts are not eligible.

Get started
Learn how you can enjoy the flexibility of meeting today's cash flow needs, without compromising your future investing goals.
Open a new account or existing clients, call 800-669-3900.
Additional program conditions
Here are some additional details and conditions to consider as you decide if this type of loan or line of credit may be right for you.
- Borrowing with securities as collateral involves certain risks and is not suitable for everyone
- All collateral pledged for your loan or line of credit must be held in a separate cash or non-margin account.* Within this pledged account, your assets may not be withdrawn without lender approval. Additionally, with this account you cannot participate in options trading (for example, spreads and covered call writing), have margin capability, or have any payment features, such as check-writing.
- Your loan will require you to make minimum monthly payments by a specified due date, until the loan is satisfied
- Your credit score will be pulled and must meet a minimum requirement for approval. Please be aware that the credit inquiry may impact your credit score.
- If the value of your pledged securities declines, you may be required to deposit additional funds or securities
- The loan can be called at any time, without notice, and some or all of your securities can be sold to meet the call, which may result in tax consequences for you
Lines of credit and pricing
Credit lines are available based on the value of your eligible and pledged securities. The amount borrowed is typically between 50% and 70% of a client's diversified investment account portfolio.
Credit line amount | Base rate |
---|---|
$150,000 - $249,999 | Base rate SOFR + 4.10% |
$250,000 - $499,999 | Base rate SOFR + 3.10% |
$500,000 - $999,999 | Base rate SOFR + 2.60% |
$1,000,000 - $2,999,999 | Base rate SOFR + 2.25% |
$3,000,000 and above | Base rate SOFR + 1.60% |
Rates are as of 10/15/2021. All information provided on this page is subject to change at any time without notice. Rate based on 30-Day SOFR |