A new dawn for the kings of instant cash 23 January 2012 Typical of the new breed of middle-class customer is 48-year-old Simon Bennett. “I had a specific business opportunity I really did not want to miss and all I needed was a few thousand pounds...I chose – borro.com" Credit where it's due 15 January 2012 The Independent on Sunday meet with the loan arrangers whose value is on the rise. Putting homes on the line 13 January 2012 More than one in ten owners of small businesses have put their house on the line as a guarantee for a loan in the last year, according to a survey by alternative lender borro. Small firms look beyond banks for loans 28 October 2011 It has long been said that small businesses are the life blood of any economy. But in spite of this, anyone trying to start a new business knows full well that the current lending environment is very bleak. Small businesses fear overdrafts could be slashed 22 September 2011 In the summer a poll of 150 bosses for Labour showed that, in the last 12 months, half had used credit cards, savings or a personal loan to fund the firm, rather than go to a bank. £1 million loan online 28 June 2011 A company that offers short-term asset-backed loans online has made its first £1 million loan Read More. Rich drive demand for asset lenders 25 June 2011 Unable to meet the ever stricter lending criteria set by banks, more wealthy individuals have chosen to release equity from their jewellery, luxury cars, fine art, antiques or yachts. Savers turn to lending to get a better return 10 November 2010 SAVERS who are becoming increasingly frustrated by the paltry interest rates being paid by banks may be able to get better returns without going near the stock market. Pawnbrokers: the sky's the limit 7 September 2010 Forget the Dickensian image of a shabby old man hoarding gold in a back alley. Today's pawnbroker is a visible presence on nearly every British high street, and he's doing very nicely, thank you. Why not try a pawnbroker for a fast way to borrow? 21 August 2010 The trouble that some firms have getting bank loans has helped one entrepreneur to boost his business and could provide a solution for businesses looking for quick access to short-term funding. New age of pawnbrokers? 16 August 2010 It was a burning issue that made small businesswoman Boudicca Scherazade first go to a pawnbroker - all her stock had gone up in smoke. Bank charges: not such a rounded view from Panorama 19 July 2010 Have a glass of wine in the late evening sunshine. Go for a long walk. Cook dinner for the family. But don't, whatever you do, watch Panorama on BBC1 tonight. Trust me. Don't do it. It will just make you angry. Pawnbrokers gain in credit squeeze 14 June 2010 Paul Aitken, founder of borro.com, an online pawnbroker, claims that the volume of business customers coming to his website has increased "several 100 per cent" in the past 10 months.The struggle for business owners to raise working capital from banks is pushing some to hock Rolex watches, Ferraris and Henry Moore sculptures in return for cash. More people turn to credit to make ends meet 28 May 2010 More than five million homeowners are turning to their credit cards to pay at least one household bill a month, a survey has revealed, prompting fears about the fragility of Britons' personal finances in the wake of the recession. Crunch hit rich are turning to pawn 17 November 2009 THE mega-rich are feeling the credit crunch pinch — pawning designer watches, super cars and even an aeroplane to survive the recession. borro.com rides to MP's rescue 18 October 2009 At last, help is near for our downtrodden and persecuted MPs. Online pawnbroker borro.com says it will offer any MP struggling to repay expenses a loan at half the standard interest rate. Business is booming for borro.com 20 September 2009 Online pawnbroker borro is believed to have raised around £20m to fund expansion. borro's loan book is doubling in value every three months as customers flock to take advantage of loans with interest of up to 85 per cent APR, according to sources. borro.com feature in an article in The Metro 14 January 2009 Repairing fractured budgets after a tough end to 2008 is likely to be on the cards for many people this year. Resolutions are rife in January and according to www.gocompare.com, 60 per cent of British adults have resolved to reorganise their finances in 2009. And this is definitely one promise to yourself you can't afford to break only a few weeks into the New Year. Pawn Crackers? 29 October 2008 The UK's first online pawnbrokers has recently opened, but is pawning your goods a sensible way to borrow money, asks Sandra Haurant. borro - the worlds first online pawnbroker 27 August 2008 AN online pawnbroking service has been launched this week to help desperate consumers raise cash if they are unable to borrow from banks and building societies. |