SBLOC INSIGHTS: Short-Term Liquidity Source for Clients Impacted by Natural Disasters

Short-Term Liquidity Source for Clients Impacted by Natural Disasters
by Jeff Holmes, Director of Consumer Lending & Advisor Banking
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The devastation of a natural disaster, like hurricanes Helene and Milton, can create chaos for homeowners. Insurance settlements can take months to materialize, and they may be looking for ways to start the cleanup or rebuilding process as soon as possible.

Providing your clients with an option to access capital quickly at a reasonable cost with minimal effort, and without disrupting your carefully planned investment strategy may help deepen your existing relationship, highlighting your commitment to their ongoing financial well-being. A Securities-Backed Line of Credit (SBLOC) may be a great choice, as this no-fee product allows total flexibility on borrowing and repayment.

With a few clicks on the Liberty Portal, you can see the borrowing power and interest rate for any qualified client prior to initiating an application.

SBLOCs are currently available for taxable individual and joint accounts over $150,000, and Trust accounts will be eligible in the next few months.

See the Quick Links section to the right to view the SBLOC Liberty User Guide and FAQs.

Bank products and services are offered by Axos Bank®. All deposit accounts through Axos Bank brands are FDIC insured through Axos Bank. All deposit accounts of the same ownership and/or vesting held at Axos Bank are combined and insured under the same FDIC Certificate 35546. All deposit accounts through Axos Bank brands are not separately insured by the FDIC from other deposit accounts held with the same ownership and/or vesting at Axos Bank. For more information read Axos Bank’s FDIC Notice.