Financing Loan Highlights - Global Financial Distibutors
Clientprofileentaire Dev

CLIENT PROFILE

  • Insurance for estate planningretirement income, wealth transfer, or business needs (e.g. key-man, Buy/Sell, etc.)
  • Consideration begins with minimum net worth of $5,000,000
  • Good cash flows and debt/income ratios, liquidity, etc.
  • Acceptable Credit History

LOAN DETAILS

Termsentaire Dev

TERM/LOAN SIZE

  • Up to 10 year loan term (streamlined 10 year renewal available)
  • Minimum initial premium: $100,000 (minimum loan sizes may vary based on carrier requirements)
Collateralentaire Dev

COLLATERAL

  • Generally no personal guaranty required*
  • Cash, letter of credit, CSV from approved carriers/products, t-bills
  • Securities Account Control Agreement
  • 100% of policy CSV is applied
Ownershipentaire Dev

OWNERSHIP STRUCTURE

  • Borrower is an entity such as a corporation, or trust
  • Trustee is a U.S. national bank

Interest Rate and Payment Options

Variableentaire Dev

VARIABLE

Libor or Prime + Spread Adjustment options are customizable.**

Currentpayentaire Dev

CURRENT PAY

Interest (only) is paid on a current basis.

Fixedentaire Dev

FIXED

Adjustment options are customizable.**

Capintrestentaire Dev

CAPITALIZED INTEREST

Interest payments are rolled into the loan.
(carrier approval required)

Customentaire Dev

CUSTOM RATE OPTIONS

Rate structures are customizable based on loan size (caps, buy downs and structure switches available).**

Custompayentaire Dev

CUSTOM PAYMENT OPTIONS

Payment options are customizable based on loan size.**

*  Trust based loans may require personal guaranty
** Call for details
Loans to Trusts generally require a signed personal guaranty document. For Trust-based loans, carrier-specific lending requirements may vary from hose published above. Please consult carrier for their specific requirements. For refinance or in-force funding cases, loan requirements may vary from those outlined above. All rates and terms are subject to change without notice. Please contact your GFD Financial Services Manager for current information.

Learn more about our Leveraged Planning
solutions and rate information

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