Our Story

It's been said for years that it's easy to buy, but hard to sell.
Thanks to us, it's now easy to Borro.

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About Us

We believe that people who own luxury assets should be able to borrow against them with speed, privacy, and impeccable service.

For too many people, much-needed liquidity – required to seize opportunities or address unplanned events – is trapped in these lovely but illiquid luxury assets.

Banks don't provide these luxury asset loans – unless you've got several million dollars on deposit. Nor do auction sites, galleries or antique dealers.

Borro does. We make loans swiftly, we store your items in locations that are used by museums and auction houses, and return them when the short-term loan is repaid.

We will arrange for the collection of your luxury assets or you can bring them yourself to one of our valuation centers for appraisal by one of our experts. They've all spent many years at places like Sotheby's, Christie's and Bonhams.

THE 11 RULES WE LIVE BY:

  • The Golden Rule: Treat our customers the way we would expect to be treated ourselves

  • Transparency: Share everything and be explicit about it. That includes our rates and fees, and the rationale behind every appraisal and valuation

  • Privacy: Our client relationships are totally private. Unless you give us your clear consent, no credit bureau, ratings agency or anyone else will ever be informed about any transaction you have with Borro

  • Responsiveness: Act with appropriate urgency and speed, while demonstrating respect at all times

  • Attention to Detail: Use a combination of in-house experts, external consultants and industry-leading tools to accurately value luxury assets

  • Responsibility: Never knowingly over-extend a client. We only make loans that take into account personal situations and the nature of the market

  • Expertise: Maintain constant awareness of market trends so we can offer the highest possible loan amounts against the broadest range of luxury assets

  • Confidence: Reassure our clients about the security of their luxury assets at all times, through the use of best-in-class, insured collection and storage partners

  • Convenience: Everything about Borro should be blissfully simple, from obtaining an estimate, to receiving your loan, to online account management and communication by text, mail, phone or email

  • Personalization: Offer flexible and tailored options so that every client is well-positioned to pay it back

  • Advocacy: In the unlikely event of a default, it is our responsibility to seek the highest value for the asset so that a client's loan is repaid in full, and any amounts that we receive which are greater than the outstanding balance are returned to them

OUR INVESTORS

Some of the most respected and forward-thinking global ventures firms have expressed their trust in us.
  • Canaan Partners (external link opens in new window)

    Canaan Partners

    Lending Club, Match.com

  • Ribbit Capital (external link opens in new window)

    Ribbit Capital

    Capital Access Network, Credit Karma

  • Eden Ventures (external link opens in new window)

    Eden Ventures

    Huddle, Truphone

  • Augmentum Capital (external link opens in new window)

    Augmentum Capital

    Zopa, BullionVault

The Team

The People Who Make Borro Possible

Our Management Team

Our Board of Directors

Contact Us

Questions? Comments? Ideas? Send them our way.

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PRESS ROOM

Fast-Growing Luxury Asset Lender Borro Launches Los Angeles Operation

Tuesday August 12 2014

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IN THE NEWS

Alternative Lenders See Continued Growth

Sunday June 15 2014

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