Leverage Your Luxury Assets
Luxury Line of Credit
LUXURY
LINE OF CREDIT
A REVOLVING LINE OF CREDIT FOR ONGOING ACCESS TO CAPITAL WHENEVER YOU NEED IT
- Immediate funding after account setup
- No personal guarantee
- No credit check or lengthy paperwork*
- Credit lines up to $5,000,000
- Apply once, revolve credit line to borrow multiple times
- Same day access to capital through just a phone call
How it works
A simple process to borrow against
the value of your luxury assets
1.
Apply
Online. Over the phone. In person.
2.
Ship
We pay for insured shipping or you can bring your asset in person.
3.
Get funded
Get our loan offer, sign our contract and receive the funds via wire.
PAY YOUR LOAN OFF & GET YOUR ASSET BACK
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
Line of credit to Smooth Out Income Peaks and Valleys
A specialty lawyer with seasonal income needed capital to help cover living expenses over several low revenue-producing months. Liquidating securities to cover this period was an unattractive option due to market timing and tax considerations, and selling off luxury assets was undesirable.
Borro loaned him $575,000, using several luxury watches and fine jewelry assets as collateral and his off season expenses covered. After income production resumed a few months later, the Borro loan was repaid and the client’s assets were returned.