Borro’s Luxury Line of Credit

Borro’s Luxury Line of Credit

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).

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

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