GOLD & PRECIOUS METALS
Unlock the Equity in Your Gold and Precious Metals
Throughout history, gold and other precious metals have proven to be among the most stable and secure stores of value for individuals and institutions alike.
- Minimum Loan: $2,500
- Typical Loan-to-Value (LTV): 75-80%
- Types accepted as collateral include but are not limited to – gold, silver, platinum or palladium bullion, and gold or silver coins.
VALUATION PROCESS
Our process provides a fast, accurate, and fair valuation of your gold or other precious metals.
For gold and precious metals, we take into account the type, weight and purity of the assets, as well as their relation to the appropriate commodity trading price and trend. In the instance of rare and collectible coins, we delve into market feedback and mine insights from auction house records and other third-party valuation data sources.
Tell Us About Your Gold or Precious Metals
Contact us to provide a detailed description - including a photo - 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 Gold or Other Precious Metals for Our Detailed Valuation
Send us your Gold or Precious Metals or bring them to 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
A Borro Expert Will Establish Valuation and Provide 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: Father of the Bride
Situation Summary: A father came into the office in need of funds to pay for his daughter’s dream wedding. He brought in a collection of gold in order to raise the final amount needed to finish paying for the wedding.
Loan Amount: $30,000.00
Asset used for collateral: Collection of various Gold and Precious Metal pieces
Transaction Time frame: 1 Day- by the time the client left the office, funds were in his bank account.
Result: His daughter had the wedding she desired, the father paid off the loan in 2 months and received the gold back!
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.
CONTACT US
- 212.776.1020
New York Office – Midtown Manhattan
110 W 40th Street
New York, NY 10018
