Borro for Personal Finance
Unlock the Equity of Your Luxury Assets
Borro makes it easy to use your luxury asset as collateral for a short-term loan or ongoing line of credit
A Rolex watch. A Van Cleef & Arpels necklace. A Louis Vuitton handbag. A classic Ferrari. For over 10 years, Borro has helped people just like you tap the equity in luxury assets like these to quickly obtain the capital necessary to 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.
With Borro, obtaining a loan is simple. Our sole lending criterion is the value of your luxury asset(s) we hold as collateral.
How can Borro help you
Raise Capital Without Selling
Short-Term Loan or Line of Credit
Funding in 1-3 days
How Our Clients Use Borro
Situation Summary: 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.
Loan Amount: $575,000
Luxury Asset(s) Used for Collateral: Several fine jewelry assets
Transaction Timeframe: Five days
Result: Off season expenses covered. After income production resumed a few months later, the Borro loan was repaid and the client’s assets were 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 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 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.
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.
New York Office – Midtown Manhattan
110 W 40th Street
New York, NY 10018