A Premier Variable Credit Line may be the solution to any of your personal or business funding needs $100,000 or greater. Premier Variable Credit Lines provide easy and flexible access to credit based, in part, on the value of your personal portfolio.

How Premier Variable Credit Lines Work
A Premier Variable Credit Line is a separate loan account secured by a pledge of one or more of your eligible investment accounts. The amount of your Premier Variable Credit Line is determined by many factors including the value of your securities portfolio. You must have enough collateral in your eligible investment accounts to support a minimum credit line of $100,000. When you decide to access your Premier Variable Credit Line, your initial draw must be at least $25,001. Once this initial draw requirement is met, the minimum draw drops to $2,500 for the life of the loan.

Interest rates are set competitively using the prevailing 30-day London Interbank Offered Rate (LIBOR) as the reference rate, which may fluctuate daily. So long as adequate collateral is maintained in your collateral account, your required monthly interest charges will be added to the principal amount outstanding on your loan at the end of each month's billing cycle.

Client Considerations
Premier Variable Credit Lines may not be used to purchase, trade or carry securities or to prepay debt (a) used to purchase, trade or carry securities, or (b) to any affiliate of UBS Bank USA. Additional limitations and availability may vary by state. Premier Variable Credit Lines are demand loans and are subject to credit approval and collateral maintenance requirements.  UBS Bank USA may demand the loan at any time without notice.

If the required collateral value is not maintained, UBS Bank USA can require you to post additional collateral, repay part or all of your loan, and/or sell your securities. Failure to promptly meet a request for additional collateral or repayment or other circumstances (e.g., a rapidly declining market) could cause UBS Bank USA to liquidate some or all of the collateral supporting the Premier Variable Credit Line. Any required liquidations may interrupt your long-term investment strategies and may result in adverse tax consequences.

Neither UBS Bank USA nor UBS Financial Services Inc. provides legal or tax advice. You should consult your legal and tax advisors regarding the legal and tax implications of borrowing using securities as collateral for a loan. For a full discussion of the risks associated with borrowing using securities as collateral, please review the Loan Disclosure Statement that will be included in your application package.