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Stock-Secured Loan and Line of Credit

A way to get even more out of the stocks you already own.

Apply for a Loan Call for Rates 1-800-621-2105

Stock-Secured Loan and Line of Credit

Secure your loan with stock and enjoy a low interest rate.


  • Uses stock you own as collateral
  • Borrow up to 70% of the current market value of the stock
  • Get a lower interest rate than an unsecured loan
  • Variable interest rate indexed to Prime Rate as published in The Wall Street Journal1
  • Available as a term loan or line of credit


  • You own stocks and want to continue getting the benefits of dividends or stock splits while being able to use the cash value of your stock
  • You don’t want to use your home as equity for a loan or line of credit

Call for Rates 1-800-621-2105

What is a Stock-Secured Loan?

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This is a loan that uses stock you own as your collateral. That means you continue to get the benefits of dividends or stock splits while also getting to use the cash you’ve borrowed against it.

How it Works

You can borrow up to 70% of the value of stock you hold at Elements in an LPL account, subject to approval. The funds are held in an LPL Collateralized Loan Account. The variable interest rate is indexed to Prime Rate as published in The Wall Street Journal.1

Accessing Funds

Easily manage your loan activity with Online Banking and the Elements Mobile App. You can access funds in as little as one business day after your loan is finalized. Funds will be available in the Elements account of your choice or sent to you via check.

Loan Repayment

Pay off your loan in regular monthly payments.

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Can I use a Stock-Secured Loan for anything I want?

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Yes, you can use your Stock-Secured Loan or Line of Credit on anything you want—it’s up to you!

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What are the fees?

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There are no prepayment penalties or loan fees associated with a Stock-Secured Loan.

Why should I go to Elements for my loan?

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Like a Bank, Only Better!

Better Rates. Fewer Fees.

Because we’re a credit union, we return profits to members in the form of reduced fees, higher savings rates and lower loan rates.

Trusted Advice. Fresh Approach.

We pride ourselves in being a trusted source for financial education. Your financial wellness expert will come to your workplace to answer questions and provide you with one-on-one assistance as you navigate the changes that come with each of life's stages.

Respected Locally. Accessed Globally.

Headquartered in Indianapolis since 1930, we rank among the top 3% of credit unions nationally2. We serve members in all 50 states and 50+ countries. You’ll have access to 5,000+ shared branches nationwide and 78,000+ surcharge-free ATMs globally.

High Tech. Human Touch.

Our technology makes banking with Elements easy. From quick digital applications to online and mobile banking, we’ll be by your side wherever you go. We’re here for you with member service available 24/7 and live chat during the workday.

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How do I apply?

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3 Easy Steps to Apply

  1. Apply online - You can apply online in as little as 10 minutes! Submit your application anytime or call 1-800-621-2015 to get started. Have ready your government-issued ID (driver’s license, state ID, or passport) and your social security number.
  2. Take our call - We'll contact you within one business day after you submit your application to go over what documentation we'll need and to answer your questions.
  3. That’s it! - We'll contact you with a decision within 10 business days. Once your loan is approved and finalized, you can get cash in your account in as little as one business day.

Apply Now

What Will My Loan Payments Be?

Stock-Secured Loan Calculator


  1. 1 Collateral value will be determined by LPL Financial derived from the previous day’s closing price of the security. Elements Financial will lend up to 70% of the value of any securities, subject to credit approval, held in an LPL Collateralized Loan Account, except for the purpose of purchase or carrying securities, which the maximum loan to value will be 50% as in accordance to Regulation U. Stock loan minimum is $5,000. The interest rate shall be a variable rate equal to the Prime Rate as published in The Wall Street Journal on the last day of the previous month plus or minus a margin rounded to the nearest 0.25%. The rate will never be higher than 18% or lower than 3.75%
  2. 2 Based on asset size as of 12/31/2022.