Why Stock Secured Loan A Good Option?
Stock secured loan refers to the shares of the common or preferred stock which can be used as collateral for security as a loan from another party. This kind of loan earns a fixed rate of interest which is much like a standard loan and can be termed as secured or unsecured. A loan secured by stock can also be termed as a convertible loan stock if the stock loan can be directly converted to common shares under the specific conditions. All these things along with a predetermined conversion rate which is as with an irredeemable convertible unsecured stock loan.
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