Nationwide, Integrity Wealth Partner to Distribute Securities-Backed Line of Credit

Columbus, OH – Credit and loan management solutions, like securities-backed lending (SBL), are booming as investors seek out ways to access liquidity by leveraging their investment portfolios as collateral. Now, Nationwide is expanding the distribution of its cost-effective securities-backed line of credit (SBLOC) to Integrity Wealth to reach additional markets.

The new distribution partnership will provide Nationwide with access to Integrity’s network of financial professionals and broaden Integrity’s diverse portfolio with Nationwide Smart Credit, a digital and streamlined SBLOC that unlocks the value of investors’ non-retirement portfolio without disrupting their investment strategy.

Key features of Nationwide Smart Credit include:

• Rapid speed to cash: Line requests processed in just hours or days versus weeks.
• High advance rate: The values allowed for equities, bonds, cash and other securities exceed those of many other lenders.
• Lower interest rates: Using a Secured Overnight Financing Rate (SOFR) based spread, interest rates are below standard alternatives.
• Lower minimum line amounts: A competitive minimum line amount of $25,000 allows advisors to serve a wider client base.
• End-to-end technology: A fully automated, easily accessible process from origination through the life of the line, including a self-service client portal.

“Integrity is a highly respected and well-known firm with culture, values and business goals that align closely with Nationwide. We’re excited to partner together to create opportunities for both of us to deliver valuable solutions to more customers,” said Juan José (JJ) Pérez, president of Nationwide Corporate Solutions. “This partnership demonstrates our commitment to offering a broad suite of solutions that enable advisors and financial professionals to provide more options to meet the specific needs of their clients.”

With an extensive network of wealth advisors across all 50 states, Integrity provides access to comprehensive capabilities within partner affiliates to expand integrated solutions. As part of their holistic approach to life, health and wealth protection, they offer end-to-end innovative technology and resources designed to help advisors work more efficiently and anticipate consumer needs. Integrity is also a leader in insurtech, offering a scalable, cloud-based technology suite that helps humanize and improve the insurance and financial services experience for everyone.

“Together, Nationwide and Integrity are offering business owners and consumers the ability to remain nimble when cash is needed, whether it’s taking advantage of an opportunity, making a strategic business decision or fulfilling an unexpected financial obligation,” said Craig Walling, president of Integrity Wealth. “Clients gain confidence and peace of mind knowing they have a competitive and seamless option available from their trusted advisor or agent who already understands the full spectrum of their financial wellbeing. Competitive rates, faster speed to cash and lower minimum line amounts show that Nationwide and Integrity are truly keeping the borrower’s needs top of mind. This partnership is another way Integrity is reshaping the often-siloed services of insurance and finance into a more holistic picture that addresses a lifetime of client needs.”

In addition to providing advisors with a simple SBLOC that makes accessing funds easier for their clients, Nationwide is also helping them demonstrate the value of SBL as a solution with an innovative cost comparison calculator. The calculator is available to all financial professionals in the market, providing quick side-by-side comparisons for clients who are seeking smart solutions for cash, whether they are looking for a way to pay for an unexpected expense or a personal goal.

Debra Griffin, vice president of Nationwide SBL, added, “As a company dedicated to making access to cash simpler for both advisors and their clients, we’re thrilled to partner with Integrity to provide advisors with both solutions and tools that can help address their clients’ liquidity needs.”

To learn more about Nationwide Smart Credit, visit www.nationwidefinancial.com/smartcredit.

About Integrity
Integrity, headquartered in Dallas, Texas, is a leading distributor of life and health insurance, and provider of innovative solutions for wealth management and retirement planning. Through its broad partner network of agents and advisors, Integrity helps millions of Americans protect their life, health and wealth with a commitment to meet them wherever they are — in person, over the phone and online. Integrity’s proprietary, cutting-edge technology helps expand the insurance and financial planning experience for all stakeholders using an omnichannel approach. In addition, Integrity develops products with carrier partners and markets them compliantly through its nationwide distribution network. Providing best-in-class service to their clients and consumers is at the center of Integrity’s holistic approach to life, health and wealth protection. The company and its partners focus on helping families and individuals prepare for the good days ahead, so they can make the most of what life brings. For more information, visit www.integrity.com.