There may be tax consequences to you as a result of entering into a securities loan. You should consult your tax or legal adviser to help you assess your rights and any such risks.
Worldmine Financial works directly with the lender to facilitate Securities-Based loans. We are not a lender. We never ask (nor does the lender ask) for any "up-front" or "due diligence" fees.
In using this website you agree to defend, indemnify, and hold harmless Worldmine Financial and the lender and associates, from and against any claims, damages, costs, and expenses, including all costs of legal proceedings and attorneys' fees, arising in connection with use of this website by you, or in connection with a violation or breach of these terms by you, including without limitation, your violation of any laws governing communications or intellectual property.
Note to California Residents. The lender is licensed in the state of California. Any borrower considering a loan from a stock loan broker or lender with an address in California or elsewhere must demand proof of proper licensure under the state's stringent California Finance Lenders Law. The legality of your financing may be in jeopardy if your broker or lender is not duly registered and licensed. (Fines and penalties are mandatory in California for any unlicensed lending activities.) The lender is licensed, registered, and in good standing under the California Finance Lenders Law.
Nothing on this website should be construed as a solicitation of mortgage financing or as a commitment to lend.