Borro’s entire loan process can be completed remotely — no branch visit, no in-person meetings, no leaving your home. From initial inquiry to funded loan, every step is handled online and via secure shipping. For borrowers with demanding schedules or who simply value efficiency, this is a meaningful advantage over traditional lending processes that can take days or weeks of back-and-forth.
Start Online in Minutes
The process begins at Borro.com. You submit your asset information — category, brand, model, reference number where applicable, approximate condition, and documentation status. Borro’s system routes your submission to the appropriate specialist team based on asset type. A preliminary loan range is provided within a few hours, giving you a realistic expectation before committing to anything.
There is no application in the traditional sense — no credit history, no income documentation, no employment verification. Because your loan is secured by the asset itself, none of that information is relevant to the lending decision.
Secure Shipping Is Included
Once you decide to proceed, Borro provides a prepaid, fully insured shipping label at no cost to you. Your asset is covered at its full declared value during transit — Borro carries the shipping risk, not you. Most borrowers use the standard Borro-provided shipping label; for very high-value assets, Borro can arrange white-glove courier service directly.
Pack your asset carefully using the original manufacturer’s box where available, or a rigid outer box with substantial padding. Include all documentation — papers, certificates, service records — as these travel with the asset and directly affect your final loan offer.
Appraisal and Offer Within 24 Hours
Once your asset arrives at Borro’s facility, our specialists complete the physical inspection and appraisal, typically within the same business day. You receive a formal loan offer reflecting the asset’s current market value. The offer is binding — Borro does not reduce offers after inspection without specific reason related to a condition discrepancy from what was initially submitted.
If you accept, loan documentation is completed digitally. You do not need to sign and mail paper documents — everything is handled electronically. Funding is transferred to your designated account after documentation is complete.
Loan Management and Repayment Online
Once your loan is active, Borro’s online portal allows you to monitor your loan balance, upcoming maturity date, and interest accrual in real time. Repayment is initiated online as well — pay when you are ready within your loan term, without scheduling appointments or visiting a location.
When repayment is complete, Borro ships your asset back to you via insured carrier, again at no cost. The return shipping includes the same insurance coverage as the inbound shipment.
Who the Online Process Works Best For
Borro’s online process is particularly valuable for borrowers outside of major metropolitan areas who would otherwise need to travel for an in-person appraisal; for borrowers with time-sensitive liquidity needs who cannot accommodate multi-day traditional loan timelines; and for high-net-worth individuals who prefer to handle financial transactions with maximum discretion and minimum interpersonal contact.
Start your online loan inquiry now — asset submission to funded loan in as little as 48 hours.
