Leverage Your Luxury Assets
Luxury Inventory Loan
Borrow Against the Value of Your Luxury Goods Inventory
BORROW AGAINST THE VALUE OF YOUR LUXURY GOODS INVENTORY
Borro’s Inventory Loan provides operating capital to luxury goods retailers, wholesalers, traders and other industry trade members in exchange for inventory assets that Borro securely stores as collateral at no cost* until the loan is repaid. Inventory assets accepted as collateral include luxury watches, fine jewelry, loose certified diamonds, gold & silver bullion, designer handbags, luxury and classic cars, and any assets bought or sold through a premier auction house. Interest is paid monthly on the loan balance at a fixed interest rate.
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
Fine Jewelry Inventory as Collateral to Finance Inventory Expansion
A jewelry trading company had an opportunity to augment inventory with some time-sensitive additions, but because the opportunity arose during its slow season, did not have adequate cash flow to finance it. Traditional lenders were not an option for this type of business.
Borro loaned him $150,000, using several fine jewelry assets, and the additional inventory was acquired. After income production picked up a few months later, the Borro loan was repaid and the client’s assets were returned.