Leverage Your Luxury Assets
Luxury Line of Credit
LINE OF CREDIT
A REVOLVING LINE OF CREDIT FOR ONGOING ACCESS TO CAPITAL WHENEVER YOU NEED IT
How it works
A simple process to borrow against
the value of your luxury assets
PAY YOUR LOAN OFF & GET YOUR ASSET BACK
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.