# Need liquidity? Start with what you hold.

Canonical page: https://finanzer.ai/personal/holdpath

> Explore Finanzer Holdpath to borrow against eligible holdings without an upfront sale. Understand borrowing costs, collateral conditions and liquidation risk.

Finanzer Holdpath lets you borrow against eligible assets instead of selling them upfront. Keep the investment decision separate from the immediate funding need, with the loan cost and collateral risk in view.

## An upfront sale isn’t the only funding choice.

You may want access to money while retaining exposure to an eligible holding. Holdpath uses that asset as security for a loan rather than requiring a sale at the start.

You still owe the loan, and the asset can fall in value. If the collateral conditions are breached, more collateral or repayment may be required, and pledged assets may be sold.

## The loan and the asset stay connected.

Borrowing capacity depends on the collateral terms. It is not the same as the full market value of your holdings.

### Confirm eligible holdings

Review the supported asset, valuation method, custody arrangement and borrowing limit before pledging anything.

### Understand the loan-to-value limit

Loan-to-value compares the debt with the collateral’s assessed value. A fall in that value can reduce the headroom supporting the loan.

### Plan for a price fall

Read the collateral thresholds and liquidation process. Know whether you could add collateral or reduce the debt if required.

### Repay and release

The agreement defines repayment and the conditions for releasing pledged assets. They are not freely available while securing the loan.

## Keep the holding. Take on a different risk.

Borrowing is a different financial position from selling. It should be evaluated on its own terms.

| Choice | What changes | What to consider |

| --- | --- | --- |

| Use available cash | No new debt is created | What remains for other commitments? |

| Sell an asset | You reduce exposure and receive sale proceeds | Execution, fees and the consequences of selling. |

| Borrow against an asset | You retain initial exposure and create a loan | Interest, fees, collateral restrictions and possible liquidation. |

This comparison is product education, not a recommendation or a tax claim. Tax treatment depends on your circumstances.

## The questions to ask before pledging assets

### Which assets are eligible?

The lending program determines eligible assets and how they are valued. Ask about your specific holding, the permitted borrowing amount and the conditions for releasing collateral.

### Does ‘stay invested’ guarantee I keep the asset?

No. It describes avoiding a sale at the outset. The asset can be liquidated if collateral conditions are breached, and market losses can occur while you also owe borrowing costs.

### Is Holdpath always cheaper than Stepline?

No rate advantage is guaranteed. Compare the actual interest, fees, security requirements and risks of each offer.

### Can I spend or withdraw the collateral?

Pledged assets are restricted under the loan agreement. They must not be counted again as freely available money, and release depends on the applicable conditions.

## Understand both sides of the borrowing decision.

Discuss the eligible assets, funding need and repayment plan before considering an offer.

[Discuss Holdpath](https://finanzer.ai/contact?topic=Personal%20account#enquiry)

[Compare Stepline](https://finanzer.ai/personal/stepline)