How Women are Borrowing Money Using Their Designer Handbags and Accessories as Collateral
It is being widely reported that women are being especially hard-hit by the current economic crisis. Whether due to a reduction of income or an increase in expenses, the need for supplemental cash is rising, and may not be met fully or fast enough by state or federal government assistance such as the CARES Act. […]
Collateral Loans Provide Investors With Fast Access to Capital to Cover Margin Calls and Capitalize on Outstanding Buying Opportunities
The old saying, “in any crisis, guard against the danger but recognize the opportunity” applies to the current investing situation. Uncertainty about the timing and extent of an economic recovery brought by COVID-19 has driven double-digit reductions in the price of many securities, in addition to significant market volatility. This has created both danger and […]
Collateral Loans Unlock the Equity in Classic, Collectable and Prestige Cars
Be it their style, story or performance, classic, collectible, and prestige cars are undoubtedly works of art. It’s no surprise their sales continue to dominate the luxury market, with a soaring 10-year value appreciation performance of over 330%. This fact is a major reason why borrowers often use this class of car in collateral loan […]
Luxury Watches are an Untapped Source of Liquidity that Provide Immediate Cash
Historically high unemployment levels and declining levels of business activity are driving people to find new sources of liquidity in order to ride out the next several months of economic uncertainty. An increasingly popular strategy is tapping the equity many people have in one or more luxury watches they own through a collateral loan. In […]
Borro Provides Bridge Financing to Small Businesses Awaiting Government Loans
Borro’s team of accredited experts and financing specialists tailor loans to meet small business needs, making Borro a trusted lender to over 15,000 clients since 2008. Emergency small business loan programs including the SBA’s Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan Program have attracted millions of small businesses seeking relief from the […]
Medium Article: “5 Things Every CEO Should Know About Navigating The World Of Finance” With Dewey Burke
by Charlie Katz For Medium Apr 8 · 15 min read Never lose sight of the fact that you are in the business of helping people. As a lender, it’s easy sometimes to get hung up in the metrics of the business, whether it’s the conversion rate of our marketing programs to our average […]
We’re In The News – New Partnership with Vintage Motor Management
Borro was featured in Yahoo Finance, full article below. Luxury Asset Capital and Vintage Motor Management Partner to Serve the Classic, Vintage and Sports Car Collector Community The partnership provides a range of expert services for collectors and enthusiasts using their automobiles as collateral for Luxury Asset Capital loans Luxury Asset CapitalTM, a leading provider […]
Fast-Growing Online Lender Borro Provides No Credit Loans To Consumers Impacted By Recent Economic Turmoil
Borro, a Luxury Asset Capital® brand, is proud to offer no credit loans that do not require any financial or credit rating history. Instead, Borro offers consumers the most flexible and convenient no credit loan options, including both standard and line of credit loans, by using their luxury assets as collateral. Borro’s team of accredited […]
Borro Offers Fast and Convenient Loans That Unlocks Cash Tied Up in Consumers’ Luxury Assets
Borro, a Luxury Asset Capital® brand, is proud to offer collateral loans that allow consumers to access the capital they have tied up in a wide range of luxury assets they already own such as Luxury & Classic Cars, Luxury Watches, Fine Jewelry & Diamonds, Gold & Precious Metals, Designer Handbag & Accessories, Premier Auction […]
We’re in the News: “Luxury Asset Capital Acquires and Relaunches Borro”
Borro was featured in deBanked®, learn more below. Luxury Asset Capital Acquires and Relaunches Borro February 26, 2020 | By: Brendan Garrett Luxury Asset Capital, the Denver-based lender that secures financing against goods such as Ferraris and Rolexes, has announced this month that it has acquired Borro and will be relaunching borro.com. LAC did not disclose the […]
