> For the complete documentation index, see [llms.txt](https://advisorhub.syntheticfi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://advisorhub.syntheticfi.com/serving-existing-clients-learn-more/sbloc-refi-program.md).

# SBLOC refi program

{% hint style="info" %}

## Most clients say yes the moment they see the savings

Clients with an outstanding SBLOC are usually paying a high, non-deductible rate. SyntheticFi can refinance it at a lower rate with generally deductible interest, at no extra cost to the client. Run their numbers and the conversation writes itself.
{% endhint %}

The SBLOC refi is the easiest win in your book. The client is already comfortable borrowing against their portfolio, the math is dollar-for-dollar obvious, and the savings often run into the thousands per month.

### Two things to know

* **The savings are often significant**. SyntheticFi often lands below SBLOC rates\*, and unlike an SBLOC, the interest is generally deductible. Between the lower rate and the deduction, the client often saves on both sides.
* **There's no extra cost to the client.** SyntheticFi covers the transfer. Either we arrange a bridge loan to pay off the old SBLOC and then refinance, or, if the client has another non-pledged brokerage account, we borrow against that to pay off the SBLOC directly.

### How the refi works

1. **Identify the client.** Pull a list of clients with active SBLOCs and sort by balance. The largest balances are the easiest pitches, because the dollar savings are most obvious.
2. **Have the conversation.** Show the rate difference and the annual savings using the Proposal Center in your advisor dashboard. Most clients say yes on the spot. For talking points, see [how to talk to existing clients →](/serving-existing-clients-learn-more/how-to-talk-to-existing-clients.md)
3. **Onboard the client.** Standard SyntheticFi onboarding. [See how to get started →](/product-learn-more/how-to-get-started.md)
4. **SyntheticFi handles the rest.** We coordinate the payoff, open the loan, and clear the SBLOC. The client sees the old balance go to zero and the new SyntheticFi loan appear in their account.

For an example, see [example client scenarios →](/serving-existing-clients-learn-more/example-client-scenarios.md)

***

[\* Important Disclosures](/disclosures.md)


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