A Revolving Line of Credit For Ongoing, Immediate Access to Capital
Borro’s Luxury Line of Credit is the loan product for clients who require ongoing, same-day access to capital. The credit line is based on our valuation of one more luxury assets that are securely stored as collateral at no cost** as long as your Luxury Line of Credit account is in effect. Interest is paid monthly on loan balance at a fixed interest rate.
Features
- Immediate funding after account setup
- No personal guarantee, credit check or lengthy paperwork*
- Credit lines up to $5,000,000
Benefits
- Apply once, revolve credit line to borrow multiple times
- Same-day access to capital through just a phone call
- Free secure storage of your asset**
* real-estate and assets with a title may require additional documentation
** except for automobiles and very large size assets
