GOLDMAN SACHS PRIVATE BANK SELECT

A digital lending solution for Financial

Advisors and their clients
INTRODUCING
GOLDMAN SACHS PRIVATE BANK SELECT

Goldman Sachs Private Bank Select (GS Select)

is a securities-based lending solution that uses POTENTIAL USES OF
diversified, non-retirement investment assets in a GS SELECT
clients pledged account as collateral. Our digital
platform allows you to quickly and seamlessly PERSONAL BUSINESS
establish a revolving line of credit for your clients,
providing easy access to liquidity. And our high- Real estate Liquidity
touch servicing ensures easy management of your
Tax Acquisitions
clients loans.
obligations
Startup/seed
Tuition funding

LOAN FEATURES

SIZE: From $75,000 to $25 million, with initial minimum

draw requirements of $75,000 and subsequent draws
starting at $2,500 WHY GS SELECT?

USE: Any purpose other than purchasing or carrying margin BENEFITS OF PROGRAM
stock

Retain assets under

FACILITY TYPE: Revolving line of credit; clients can borrow,
management
repay, and re-borrow multiple times
Attract new business
COLLATERAL: Non-retirement investment assets, including Provide comprehensive
stocks, bonds, mutual funds, and exchange-traded funds wealth management

INTEREST RATE: 1-month LIBOR plus a spread determined

by loan amount, reset monthly BENEFITS OF PLATFORM

REPAYMENT: Interest only, payable monthly; principal can State-of-the-art technology

be repaid at any time without penalty provides quick loan processing

Intuitive desktop interface

TERM: There is no maturity date; repayment can be
provides full transparency into
demanded at any time
application and loan status

FEES: No application, origination, or annual fees Loan origination and servicing

support provided by phone and
DOCUMENTS: No personal financial statements, tax returns, in person
or paper applications
 HOW IT WORKS
GS Selects digital platform allows you to seamlessly establish a revolving line of credit for
your clients, providing easy access to liquidity, often within 24 hours.

STEP ESTIMATED TIME TO COMPLETE STAKEHOLDER

1 Term sheet Under

created 10 min
Financial Lender
(optional) Advisor

2 Application Under
CLIENT initiated 5 min
PROFILE Financial
Advisor
Lender

3 Application Under

AT LEAST completed 15 min

Client
$150,000 OF NON-
RETIREMENT
ASSETS UNDER 4 Underwriting Under
5 min
MANAGEMENT Automated GS
Select System

5 Collateral Under
accounts 5 min
SUFFICIENT Financial
pledged Advisor
COLLATERAL TO
FULLY SUPPORT
6 Loan Under
LOAN, PLUS reviewed 5 min
Financial Advisor
INCREMENTAL Supervisor

OUTSIDE LIQUIDITY
7 Loan agreement Under
reviewed 30 min
Client
and signed
GOOD CREDIT
Loan booked* Start to finish:
Under
24 hrs Automated GS
Select System
U.S. RESIDENCY
*Client draw next day once collateral is confirmed.
Credit qualification and collateral are subject to approval. Additional terms and conditions would apply. Loans are offered by the Salt Lake City branch of Goldman Sachs Bank USA
(GS Bank), a New York statechartered bank and a wholly owned subsidiary of The Goldman Sachs Group, Inc. GS Bank is a member of the Federal Reserve System and Member
FDIC. Equal Housing Lender. Goldman Sachs Private Bank Select is a business of GS Bank. Copyright 2017 Goldman Sachs, All Rights Reserved.