Securities-Based Line of Credit

Here are some of the potential ways securities-based lending can work for you:

Personalized attention integrated with your overall wealth plan

Our Private Bankers and Wealth Management professionals can work closely together to assess your lending needs in conjunction with your wealth plan. We can carefully assess your overall plan and evaluate options before recommending appropriate strategies.

^{Credit is being offered by M&T Bank, member FDIC. The credit offering requires an investment account at M&T Bank, Wilmington Trust Company, Wilmington Trust N.A., and/or LPL Financial LLC and sufficient eligible collateral to support a credit facility of the applicable loan amount. M&T Bank, Wilmington Trust Company, and Wilmington Trust, N.A. are affiliated, but are separate entities. LPL Financial is a third-party broker-dealer and is not affiliated with any M&T Bank or Wilmington Trust entity.  Pursuant to a Networking Agreement between M&T Bank and LPL Financial, LPL Financial offers services on the premises of M&T Bank.  Neither M&T Bank, Wilmington Trust Company, Wilmington Trust, N.A., nor LPL Financial is responsible for the products and services of each other.}

^{Borrowing with securities as collateral involves certain risks and is not suitable for everyone.  A complete assessment of your individual circumstances is needed when considering a securities-based loan.  You should review both the Securities-Based Lending Program Credit, Security and Guaranty Agreement and the Disclosure, Waiver of Conflict of Interest, Acknowledgment and Release carefully with your legal and tax advisors.  Also consider the following:} 

• ^{Credit secured by marketable securities can increase your level of market risk.}  
• ^{The downside is not limited to the collateral value in your pledged account.} 
• ^{Assets held in your accounts may lose market value or may be afforded less collateral value by the lender at any time, resulting in a collateral call.}
• ^{The collateral maintenance requirements can be increased at any time, which may result in a collateral call, and the lender is not required to provide you with advance written notice.} 
• ^{You are not entitled to an extension of time on a collateral call.} 
• ^{An increase to the variable interest rate will result in a higher periodic payment required and, if you are unable to make the higher periodic payment, could result in a collateral call.} 
• ^{The sale of any securities in your account may be initiated, without contacting you, to meet a collateral call.} 
• ^{Your ability to withdraw assets will be subject to the consent of the lender.} 
• ^{The sale of your pledged securities may cause you to suffer adverse tax consequences. You should discuss the tax implications of pledging securities as collateral with your tax advisor. Neither M&T Bank Corporation, nor any of its subsidiaries, affiliates, or advisors, provide legal, tax or accounting advice.  You should consult a legal and/or tax advisor before making any financial decisions.} 

^{All securities and accounts are subject to eligibility requirements. Certain restrictions and terms and conditions apply.  Tax deferred assets are not eligible.  Financing real estate with a securities-based loan or line of credit carries risk and may not be appropriate for your needs. Securities held in a retirement account cannot be used as collateral to obtain a loan.}