Ameris Bank's private banking products provide convenient financing and money management options for your investment needs. Contact us or visit a branch location throughout AL, FL, GA, NC and SC to get started.
1 The Securities Backed Line of Credit (SLOC) is a securities based loan/line of credit from Ameris Bank. The ISLOC requires a minimum investment account balance of $143,000 and a minimum credit line of $100,000. Securities-based financing involves unique risks and is not for everyone. When considering a securities-based loan, thought should be given to individual requirements, portfolio composition and risk tolerance, as well as capital gains, portfolio performance expectations and investment time horizon. The securities or other assets in any collateral account may be sold to meet a collateral call without notice to the client, the client is not entitled to an extension of time on the collateral call and the client is not entitled to choose which securities or other assets will be sold. The client can lose more funds than deposited in such collateral account. Ameris Bank may demand full repayment at any time. Some restrictions may apply and not all managed accounts are eligible as collateral. All loans and collateral are subject to credit approval.
2 We do not provide legal or tax advice. Please consult your legal or tax advisor in regards to your own situation.