DESIGNER HANDBAGS & ACCESSORIES
Unlock the Equity in Your Designer Handbags and Accessories
Every season, luxury designers introduce new inspirations. Borro accepts a broad range of designer handbags and accessories as collateral from the newest luxury brand styles, to unique vintage pieces that are truly timeless.
- Minimum Loan: $2,500
- Typical Loan-to-Value (LTV): 40-45%
- Designer handbags and accessories with a value of $4000+
- Accepted collateral includes but is not limited to – Louis Vuitton, Dior, Yves Saint Laurent/YSL, Prada, Chanel, Gucci, Givenchy, Goyard, Céline, Hermes and many more!
Jumbo Double Flap Bag
with silver-tone hardware
Borro (loan) value $11,500-
10,375
30cm Birkin Bag with
Solid 18K White Gold
& Diamond Hardware
Borro (loan) value $95,000-
105,000
NOTABLE DESIGNER BRANDS
VALUATION PROCESS
Our process provides a fast, accurate, and fair valuation of your designer handbag or accessory
For designer handbags and accessories, we take into account style, condition and the international secondary resale market. For maximum valuation, the handbag or accessory should include documentation, dust covers, and any original retail packaging.
Tell Us About Your Designer Assets
Contact us to provide a detailed description and your desired loan amount. Based on that we will give you an initial estimate of the loan the watch will qualify for.
Submit Your Design Handbags & Accessories for Our Detailed Valuation
Send us your watch or bring it into our New York or Denver office so that our in-house experts can perform a detailed valuation.
A Borro Expert Will Establish Valuation and Provide a Final Loan Quote
Once we’ve valued your assets, we will give you a final loan quote.
PAY YOUR LOAN OFF & GET YOUR ASSET BACK
You can also pick up your assets at our New York or Denver office. You can choose to continue to store your assets with us at no cost, through our Luxury Line of Credit product, giving you same-day access to funding with just a phone call.
USE CASES
Borrower Type: Small Business
Situation Summary: A high-end boutique owner was experiencing her was going through a very slow time of the year for her business. Consequently, she had no access to the capital she needed to pay specific costs to pay rent for her storefront.
Loan Amount: $8,000
Luxury Asset(s) Used for Collateral: Various Louis Vuitton Bags.
Transaction Timeframe: One Day
Result: She was able to pay her rent for the two months during the slow season. After business picked up, the Borro loan was repaid and the client got her collection of handbags back.
Borrower Type: Consumer
Situation Summary: A mother came into the office in need of funds to pay for her son's college tuition. She brought in her Hermès Shiny Porosus Crocodile Birkin designer handbag in order to meet the financial needs to pay for his college.
Loan Amount: $22,500
Luxury Asset(s) Used for Collateral: Designer Handbag
Transaction Timeframe: One Day
Result: Her son's tuition was paid and he was able to go to the college he had worked so hard to get into.
GET A LOAN ESTIMATE
Please answer the questions below for a preliminary estimate based on your asset category.
By clicking “ESTIMATE MY LOAN AMOUNT” above, I UNDERSTAND and AGREE that the range displayed on the following page is based solely on the value I inputted. Borro is not bound in any way to the range displayed on the following page and the actual loan value will be determined based on in-person valuation by our experts. This is nothing more than a calculation based on the data inputted by me.
New York
Denver
CONTACT US
- 212.776.1020
New York Office – Midtown Manhattan
110 W 40th Street
New York, NY 10018
