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Borro: Taking on Luxury Asset Lending to a New Level

Occasionally, people find themselves in a pinch to raise quick cash needed to seize opportunities or address unplanned events such as an unforeseen legal problem or healthcare costs.

For some people, this much-needed liquidity is trapped in illiquid luxury assets such as jewelry, cars, fine wine, art and antiques. So, Borro’s solution is to facilitate borrowing against these luxury assets—a type of loan not typically provided by banks, auction sites, galleries or antique dealers.

Borro Limited (www.borro.com) has created a ...

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