Leverage Your Luxury Assets
A Short-Term Loan to Meet a Financial Deadline or Opportunity
A SHORT-TERM LOAN TO MEET A FINANCIAL DEADLINE OR SEIZE AN OPPORTUNITY
Borro’s Luxury Collateral Loan is our standard loan product that enables you to use a wide range of luxury assets as collateral for loans ranging in size from $2,500 to $5,000,000 or more. Interest is paid monthly on loan balance at a fixed interest rate. Your assets are securely stored and fully insured by us from when they leave your possession until they are returned when your loan is paid off.
How it works
A simple process to borrow against
the value of your luxury assets
PAY YOUR LOAN OFF & GET YOUR ASSET BACK
We pay for insured shipping back to you or you can pick your asset up in-person. You can also pick up your assets at our New York or Denver office. You can choose to continue to store your assets with us at no cost, through our Luxury Line of Credit product, giving you same-day access to funding with just a phone call.
Assets We Accept As Collateral
We unlock the equity in a your assets that are high in value but low in liquidity.
Flexible Terms. Secured Loans. White Glove Service.
A Borro Case Study
Bridge the Funding Gap on a Real Estate Deal
An entrepreneur needed capital to bridge a funding gap preventing the close of a real estate purchase. The timeframe to arrange traditional funding would extend beyond the targeted close date, jeopardizing the deal.
Borro loaned him $4,200,000, using 6 classic automobiles as collateral, and the real estate purchase closed on-time. When traditional funding was subsequently secured, the Borro loan was repaid and the client’s assets were returned.