What counts as portfolio liquidity here?
Cash from borrowing against marketable securities rather than selling them. Your portfolio remains invested subject to lien and covenant constraints. Illiquid private holdings are a different product. Context page: fast liquidity landing.
How it works
Build a borrowing base from eligible names after haircuts; choose revolving or term structure; execute pledge/control docs; draw when CPs clear; maintain LTV thereafter. Read how much you can borrow and rates & terms. Compare rates & terms for different program archetypes.
Key benefits
Speed versus selling blocks in thin names. Potential to stay invested in themes you still favor. Repeat access on revolvers when permitted. Anchor service context at stock loans.
Risks
Fast liquidity can still mean fast margin calls if markets gap. Overlapping liens on the same securities create cross-default landmines—disclose everything. Tax questions belong with advisors; see tax concepts for education only.
Use cases
Founders/executives — executives & RSUs. Owners — business owners. Opportunistic draws when you want a line in place before an event.
Next steps
Upload holdings to get started and read LTV guide before you negotiate advance.