B2B Trust has boosted the maximum loan amount for its 100% Accelerator Investment Loan to $100,000. Moved up from $50,000, the new limit offers more flexibility to financial advisors and to the clients they deal with.

In addition to the newly increased loan maximum, the B2B Trust 100% Accelerator Loan offers investors and their financial advisors a more streamlined process whereby loan
applications, underwriting and processing are simplified, and loan proceeds are made available within 24 hours of approval.

With this loan, B2B Trust finances 100% of the client’s investment for the purchase of eligible non-registered mutual funds. Investors are not required to make monthly principal payments, only interest, and there will be no margin calls should the value of their investment fall. Moreover, investors are free to pay down or pay off their loan any time without fees or penalties.

Designed for financial advisors who have clients with a high risk tolerance, limited collateral, a good credit rating and a desire to increase their participation in mutual fund or segregated fund investments, this newly enhanced investment loan product offers flexibility and convenience. Applications are accepted by fax for loan amounts ranging from $10,000 to $100,000.

Investors opting for the B2B Trust 100% Accelerator Loan can choose to invest loan proceeds in over 1,000 mutual funds offered by 65 different fund companies. The loan is also available, by distribution agreement, for a select number of segregated fund families.

http://www.newswire.ca/en/releases/archive/September2005/02/c5743.html