A Short-Term Loan to Meet a Current Financial Deadline
Borro’s standard loan product is the Luxury Collateral Loan. It is a short-term loan that provides you with a specific amount of capital in exchange for one or more luxury assets that are securely stored by us as collateral until the loan is repaid. Interest is paid monthly on loan balance at a fixed interest rate.
* except automobiles and very large size assets
Apply by phone, online, or in-person.
We will arrange secure and insured shipping of your assets.
Accept your loan or line of credit offer and get funded.
Pay off your loan & get your assets back.
Caring For & Keeping Assets Safe is Our Top Priority
With Borro, you can be confident in the exceptional security, care and handling of luxury assets during transport, valuation and storage. We insure your assets from when you ship or bring it to us, during storage in our vault, and on its way back to you. You can securely ship your asset via FedEx or private courier, or if you prefer, bring it to our New York or Denver office. In the case of certain assets such as luxury & classic cars, we will come to you.
Your Assets are Secure and Fully Insured with Borro.
A Trusted Steward
Over 15,000 clients have trusted Borro to safely store and return their luxury assets.
Licensed & Regulated
Borro is licensed and regulated by the laws of Colorado and New York.
Ultra-Secure Asset Storage
Borro uses advanced protocols for asset handling and tracking, and our vaults are among the most secure.
Assets are insured on their way to us, while in storage, and during shipment back to our clients.
New York Office – Midtown Manhattan
110 W 40th Street
New York, NY 10018