Turn your valuables into a short-term loanWe offer quick, short-term loans of £1,000 - £1,000,000 secured against valuables including jewellery, luxury watches, fine art, antiques, prestige & classic cars, yachts and more. Learn more about what we loan against and how the service works.
Our customers voted...99%
found borro's service easy to use 87%
were satisfied with the loan amount borro provided 97%
would use borro again 97%
felt they were provided with enough information throughout the loans process 97%
would recommend borro to a friend 99%
were impressed with the speed of borro's service borro and its customers in the press and on TVThe Guardian covers research and forecasts from borro into secured loan demand and a rise in SMEs lending against their personal assets. Business are met with tight lending conditions when trying to secure loans or overdrafts - in spite of the government's efforts to help. See how personal asset lending from borro provided a short-term solution to SME owner Terry Voce.
We're changing the word 'borrow'. For too long it's meant going to the bank for an overdraft. For too long it's meant waiting on credit checks to get a loan. Not anymore. Use your valuables as security for a loan without the credit checks and all within 24 hours. Paul Thorpe found it increasingly difficult to access finance from banks. He contacted borro and arranged a £20,000 against his vintage watches. Mr Thorpe commented "The immediacy and size of loans available were perfect for a small business owner like me."
As UK banks fall behind on lending to small businesses and individuals, more consumers and enterprises are looking for alternative sources of capital. CNBC explores how borro is offering an alternative way of raising finance. Bloomberg's Nejra Cehic reports on the asset lending industry in the U.K., exploring how borrowers are increasingly using luxury cars and jewellery as collateral for loans. Watch Jeff Randall interview Paul Aitken, CEO of borro on Sky News. In the last 6 months short-term asset lender borro reported 650% growth. Important insights on why borro has seen such a rise in customers and types of assets people use to raise finance. Europe's wealthy, hit by the crises in Greece and Spain, turn to asset lenders for credit. borro has recently lent over £2m to Europeans, says CEO, Paul Aitken. The company has advanced loans for, among others, works ranging from Henry Moore to Banksy. |