Leverage Your Luxury Assets
We offer 3 types of loans for short term to an ongoing line of credit
WE OFFER DIFFERENT TYPES OF LOANS TO MEET ALL YOUR NEEDS
Borro unlocks the equity in your luxury assets that are high in value but low in liquidity to help clients address a situation or seize an opportunity with speed and ease.
a short-term option
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.
an ongoing option
Line of Credit™️
A Revolving Line of Credit For Ongoing Access to Capital
Borro’s Luxury Line of Credit is the loan product for clients who require ongoing, same-day access to capital. Its credit line is based on our valuation of one more luxury assets that are securely stored by us as collateral at no cost* as long as your Luxury Line of Credit account is in effect. Interest is paid monthly on loan balance at a fixed interest rate.
Access New Operating Capital
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.