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Borro, a Luxury Asset Capital brand, is the leader in confidential, non-bank loans that use the borrowers luxury assets as collateral. We are a powerful alternative to selling luxury assets or traditional channels of financing that are often either too slow, invasive & burdensome, or, in some cases, unavailable. We unlock the equity in a wide range of luxury assets that are high in value but low in liquidity and execute transactions from thousands to millions of dollars in as little as one business day.
Borro is an online company providing loans secured with luxury assets such as fine art, antiques, jewelry, luxury watches & luxury handbags.
PRODUCTS & SERVICES
Provides loans backed by luxury assets such as fine art, antiques, jewelry, luxury watches & luxury handbags
Borro charges 15%-20% of asset's final sale price. It also charges a monthly interest rate of 2% to 5%.
Touch Financial Support
Paradigm Mortgage Services
BOARD MEMBERS AND ADVISORS
NUMBER OF EMPLOYEES
DATE OF LAST FUNDING
SERIES A · $2.5 M · Oct 2008
SERIES B · $12.11 M · Apr 2011
SERIES C · $26 M · Oct 2012
SERIES D · $112 M · Mar 2014
SERIES E · $19 M · Feb 2015
OTHERS · $6.94 M · Jan 2017
Conventional debt: $112 M(March 2014)
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