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Can I use Collar Advance proceeds for any purpose?

Updated this week

Yes. Unlike some margin loans that restrict usage to securities investments, Collar Advance proceeds can be used for virtually any legitimate purpose:

  • Real estate purchases (primary residence, investment property, or family needs)

  • Business investments or starting a company

  • Exercising stock options

  • Paying tax liabilities

  • Investing in a diversified portfolio

  • Personal expenses or lifestyle needs

The flexibility to use funds however you choose is a notable advantage over more restrictive financing options.

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