Borro for Collectors
Unlock the Equity in Your Collection
Borro is a trusted financial services partner among collectors
For over 10 years, Borro has helped collectors just like you tap the equity in collections to expand or enhance them, fund a business or deal with life’s countless situations and opportunities.
Our team of accredited experts has deep knowledge and expertise across all major asset classes, and works with you to structure a loan that meets your financial needs and personal situation.
Whether your passion is watches, classic automobiles, fine jewelry or some other luxury asset, Borro has the knowledge, capital, and service to deliver the funding you need and the outstanding experience you deserve.
How can Borro help you
Enhance or Grow your Collection
Use the assets you already own to obtain capital in as little as 2-3 days to acquire that amazing next asset to your collection.
Raise Capital Without Selling
Leverage Our Expertise
How Collectors Use Borro
Borrower Type: Collector
Situation Summary: A classic automobile collector needed capital to fund the expansion of his collection when an exquisite vehicle suddenly became available. Time was of the essence as demand would be high within the collector community and the collector did not have sufficient cash on hand to fund the purchase.
Loan Amount: $159,000
Luxury Asset(s) Used for Collateral: One classic automobile from his collection
Transaction Timeframe: Ten Days
Result: Collection expanded, leveraging the substantial assets of the collection itself. After other financing became available a few months later, the Borro loan was repaid and the client’s asset was returned.
HOW IT WORKS
Using Your Luxury Assets to Obtain a Short-Term Loan is Fast and Easy
Get up to $5,000,000+ in 1-3 days with no personal guarantee, no credit check, and virtually no paperwork. Our fast and secure process has earned the trust of over 15,000 people just like you, and has made us the leading provider of luxury asset-based collateralized loans.
APPLY
Apply online or over the phone right from your house with your contact information, how much you are looking to borrow and a detailed description of your asset(s). It's quick and easy!
SHIP
Ship us your asset(s) for a final valuation. We will email you a shipping label and coordinate the pick up of your asset(s) from your home, which is insured and fully paid for in most cases by us.
GET FUNDED
You’ll receive a final offer & contract electronically via DocuSign. Electronically sign & Borro will immediately send funds via wire/ACH. Your asset(s) are photographed, labeled & barcoded & then stored in our secure vaults.
PAY YOUR LOAN OFF & GET YOUR ASSET BACK
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.
CONTACT US
- 212-776-1020
New York Office – Midtown Manhattan
110 W 40th Street
New York, NY 10018
