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Borro Acquired by Luxury Asset Capital
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Borro Acquired by Luxury Asset Capital

We are very proud to announce that Luxury Asset Capital has acquired Borro. We are now a company that has closed over 20,000 transactions and funded close to half a billion dollars in loans.

I am really excited about Borro now being owned by Luxury Asset Capital because it means I’m able to help more clients. I’m able to look at a broader range of luxury assets. We have a wider variation in the number of loans that we can offer.

Moving forward, our company now has expanded its geographic reach with offices in both Denver and our new office in New York in Bryant Park. We have grown our teams substantially, which ultimately allows us to continue to serve our clients and also expand our corporate and strategic partnerships Luxury Asset Capital has a demonstrated commitment to expanding the partnership program.

We’re excited to provide our partners with customizable loans, fast funding, access to our in-house specialists and our extensive network.

For those of you who have used Borro in the past, you’ll now find Borro offering greater flexibility, loans in the amount of 25 hundred dollars up to 5 million dollars or more and against a wider range of assets.

A Better Borro, Built Around You, By Luxury Asset Capital

 

Dewey Burke
Founder & CEO
Luxury Asset Capital

 

 

Read our press release here.

Richard Shults, GG (GIA)

Richard is the Chief Underwriter at Borro by Luxury Asset Capital and is a Graduate Gemologist, certified by the Gemological Institute of America (GIA).

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Borro provides confidential, asset-backed loans — often funded within 48 hours. No credit check. No income verification.

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Access liquidity without selling. Borro offers confidential, asset-backed loans on fine art, jewelry, watches, classic cars, handbags, and more — often funded within 48 hours.
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About Borro

Liquidity backed by luxury, since 2008.

Borro was founded to give owners of fine art, jewelry, watches, and other valuable assets a faster, more discreet path to liquidity than a traditional bank loan or an outright sale. Since 2008, the company has funded loans against a wide range of luxury collateral for clients who need capital quickly without giving up ownership.

Every loan is secured directly against the asset itself, which means no credit checks, no income verification, and no impact on personal credit history. Clients retain ownership throughout the loan term and can reclaim their asset in full upon repayment.

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Whether it’s a classic car, a fine watch, jewelry, art, or any other luxury asset — Borro can provide a confidential loan against it, often funded within 48 hours.
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  • Funding in as little as 48 hours
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