© 2021 M&T Bank Corporation and its subsidiaries. All rights reserved.
Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC.
M&T Bank Corporation’s European subsidiaries (Wilmington Trust (UK) Limited, Wilmington Trust (London) Limited, Wilmington Trust SP Services (London) Limited, Wilmington Trust SP Services (Dublin) Limited, Wilmington Trust SP Services (Frankfurt) GmbH and Wilmington Trust SAS) provide international corporate and institutional services.
WTIA, WFMC, and WTIM are investment advisers registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply any level of skill or training. Additional Information about WTIA, WFMC, and WTIM is also available on the SEC's website at adviserinfo.sec.gov. 
Financial Advisors are investment advisor representatives of, and offer securities and advisory services through LPL Financial LLC (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Wilmington Advisors @ M&T is a brand name used by LPL representatives to offer securities, advisory, and insurance services and is not a separate legal entity. Registered representatives of LPL using the Wilmington Advisors @ M&T name are employees of M&T Bank. LPL and its affiliates are entities separate from, and not affiliates of, M&T Bank. Securities and insurance offered through LPL or its affiliates are:
Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations | May Lose Value
Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services.
M&T Bank  Equal Housing Lender. Bank NMLS #381076. Member FDIC. 
Investment and Insurance Products   • Are NOT Deposits  • Are NOT FDIC Insured  • Are NOT Insured By Any Federal Government Agency  • Have NO Bank Guarantee  • May Go Down In Value  
Investing involves risks and you may incur a profit or a loss. Past performance cannot guarantee future results. This material is provided for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. It is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. There is no assurance the any investment, financial or estate planning strategy will be successful.

Wealth Management Services

Securities-based Line of Credit

When you need liquidity to take advantage of new opportunities or meet unplanned expenses, you may not want to disrupt your carefully designed investment portfolio or access a trust. Let our team help you address your short-term liquidity needs with a solution that can complement your overall wealth plan.

Why choose a securities-based line of credit?

A securities-based line of credit can enable you to meet your short-term liquidity needs by leveraging your eligible securities.* You can use the line of credit to:

  • Make large purchases such as art, real estate, aircraft, marine craft
  • Meet unforeseen large expenses such as tax liabilities
  • Make annual gifts to family members
  • Donate to your charitable causes
  • Act as a bridge to permanent financing
  • Finance business ventures, mergers, and acquisitions
  • Pay for wedding expense, home renovations, college tuition

Personalized attention integrated with your overall wealth plan

Our team of Private Bankers** and Wealth Advisory professionals can work closely together to assess your lending needs in conjunction with your wealth plan. We can carefully assess all aspects of your overall plan and evaluate options before recommending appropriate strategies.

Talk to a Private Banker to learn more about how a securities-based line of credit can complement your overall financial plan.


Credit is being offered by M&T Bank, member FDIC. The credit offering requires an investment account at M&T Bank, Wilmington Trust Company, Wilmington Trust N.A., and/or  M&T Securities, Inc., member FINRA/SIPC]  and sufficient eligible collateral to support a credit facility of the applicable loan amount. M&T Bank,  M&T Securities, Inc., Wilmington Trust Company, and Wilmington Trust, N.A. are affiliated, but are separate entities. Neither M&T Bank, M&T Securities, Inc., Wilmington Trust Company, nor Wilmington Trust, N.A.is responsible for the products and services of each other.

Borrowing with securities as collateral involves certain risks and is not suitable for everyone.  A complete assessment of your individual circumstances is needed when considering a securities-based loan.  You should review both the Securities-Based Lending Program Credit, Security and Guaranty Agreement and the Disclosure, Waiver of Conflict of Interest, Acknowledgment and Release carefully with your legal and tax advisors.  Also consider the following: 

  • Credit secured by marketable securities can increase your level of market risk.  
  • The downside is not limited to the collateral value in your pledged account. 
  • Assets held in your accounts may lose market value or may be afforded less collateral value by the lender at any time, resulting in a collateral call.
  • The collateral maintenance requirements can be increased at any time, which may result in a collateral call, and the lender is not required to provide you with advance written notice. 
  • You are not entitled to an extension of time on a collateral call. 
  • An increase to the variable interest rate will result in a higher periodic payment required and, if you are unable to make the higher periodic payment, could result in a collateral call. 
  • The sale of any securities in your account may be initiated, without contacting you, to meet a collateral call. 
  • Your ability to withdraw assets will be subject to the consent of the lender. 
  • The sale of your pledged securities may cause you to suffer adverse tax consequences. You should discuss the tax implications of pledging securities as collateral with your tax advisor. Neither M&T Bank Corporation, nor any of its subsidiaries, affiliates, or advisors, provide legal, tax or accounting advice.  You should consult a legal and/or tax advisor before making any financial decisions. 

All securities and accounts are subject to eligibility requirements. Certain restrictions and terms and conditions apply.  Tax deferred assets are not eligible.  Financing real estate with a securities-based loan or line of credit carries risk and may not be appropriate for your needs. Securities held in a retirement account cannot be used as collateral to obtain a loan. 

Investments: • Are NOT FDIC Insured • Have NO Bank Guarantee • May Lose Value