Question 1

What is securities-based lending?

Accepted Answer

Securities-based lending (SBL) allows investors to borrow against the value of their investment portfolio — including stocks, ETFs, bonds, and mutual funds — without selling their holdings. This provides liquidity while preserving portfolio positions and potential market upside.

Question 2

What loan-to-value ratios does Commanding Capital offer?

Accepted Answer

Commanding Capital offers loan-to-value (LTV) ratios of up to 80% depending on the asset class and portfolio composition. Stocks and ETFs typically qualify for higher LTVs than bonds or alternative assets.

Question 3

What is the minimum portfolio size for a securities-based loan?

Accepted Answer

Commanding Capital typically works with clients whose portfolios are valued at $500,000 USD or more. Larger portfolios may qualify for enhanced terms and bespoke structuring.

Question 4

Who is eligible for Commanding Capital's services?

Accepted Answer

Services are exclusively available to institutional investors and accredited investors as defined under applicable securities law. Commanding Capital does not offer services to retail investors.

Question 5

What is a variable prepaid forward contract?

Accepted Answer

A variable prepaid forward contract (VPF) is a financial instrument that allows holders of concentrated equity positions to receive an upfront cash payment today while deferring the tax event and retaining partial upside exposure to the underlying stock.