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Shares As Collateral - Investment - Nairaland

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Shares As Collateral / Using Shares As Collateral / Using Shares As Colletral (2) (3) (4)

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Shares As Collateral by jimsawyer(m): 6:42pm On Feb 17, 2008
Does anyone know the contact details of any companies that accept shares as collateral for loans. I have a friend who has UBA shares and wants to use them for collateral.

Will be glad if anyone can give me useful information.

Thanks.
Re: Shares As Collateral by jesuseun1(m): 8:19pm On Feb 17, 2008
hello jimsawyer,u can get intouch with tropics fiance ltd,at ligali ayorinde,VICTORIA ISLAND,Amazing Grace Plaza,they give out loan with 5% interest monthly,assuming ur share worth is like 120k to 130k u can be given a loan of 100k.but u must transfer ur UBA shares to them from ur stockbroker.call them on 01-2711963.
Re: Shares As Collateral by jimsawyer(m): 4:31pm On Feb 18, 2008
Jesu Seun, Thanks for your response.
Its appreciated.

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