Borro Private Finance Is the Simple, Sophisticated Approach to Luxury Asset Lending
The boutique finance firm Borro Private Finance provides the most efficient, flexible, and discreet way to leverage luxury assets as capital for securing a loan. Borro Private Finance’s network of accredited specialist appraisers facilitate a seamless process for creating liquidity with non-bank lending options, including sale-advance and 6-month and 12-month term loans. These unique credit solutions—offering loans as high as $5 million per asset—enable borrowers to seize key opportunities and address unplanned expenses, empowering them with absolute autonomy over their financial futures.
Founded in 2008, Borro Private Finance has cultivated a team of accredited specialist experts appraisers from around the world who work with clients throughout the United States and United Kingdom to leverage their investments in fine art, classic cars, high-end jewelry and watches, and other collectible items.Rather than exhausting these non-liquid assets through private sales or auctions, Borro Private Finance clients can capitalize on the monetary value of their items without losing the assets or waiting for the sale to go through,” says Claire Hillier, the company’s Chief Commercial Officer. Borro Private Finance can make capital available much quicker than traditional banks. The terms are simple:
Minimum loan value: $100,000
Typical terms: 3 to 24 months
Indicative loan-to-value: 60 percent for jewelry and Watches; 40 to 50 percent for fine art and cars
As an innovative leader in financial solutions, Borro Private Finance educates its clients about the untapped potential of luxury assets, providing them with personalized approaches that meet their individual needs and enable them to safely and efficiently create capital. Borro Private Finance’s in-house experts provide quick and accurate appraisals, working with an international network of auction houses and experienced dealers.
Here’s how it works:
Leads are generated through referral or direct application, dedicated resources are aligned, preliminary asset suitability is communicated, and a timeline is set out.
Thorough asset inspection and appraisal is arranged, a storage/logistics plan is created, pertinent financial information is gathered, a deal is tailored, and documentation is shared for review.
Once the loan has been documented and signed, assets are secured and safely stored, and arrangements are promptly made for a transfer of funds.
Perhaps the most important part of solidifying a non-bank loan with any lending firm is the company’s capacity to understand each and every asset upon which each loan is secured. Whether it’s a vintage Ferrari or Patek Phillipe watch, Borro Private Finance experts assess the item’s history and current cultural relevance to determine market value. The comprehensive process evaluates provenance, authenticity, rarity, condition, and item-specific qualities. Assessments can be conducted on location, in-house, or using a variety of transportation options, including insured mail services, courier collection, or personal drop-off.
With these efficient and secure non-bank loan options, Borro Private Finance creates unprecedented opportunities for its clients to leverage assets for short-and long-term financial gain. Each loan is designed specifically to suit each borrower’s needs, with Borro Private Finance’s experts providing invaluable guidance throughout the process. No other institutions—banks, auction houses, antique dealers, etc.—give collectors such efficient, flexible, and discreet access to the value of their assets and control of their financial futures.
Visit Borro.com to learn more or call 888.778.0156.
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