QUICK AND ACCURATE LOAN OFFER ESTIMATES
Our in-house appraisers are world-class. They provide you with quick, accurate estimates so we can give you a loan offer without delay.
RECEIVE FUNDING FAST
Loan proceeds can be deposited to your account within minutes after you accept your loan offer. No time is wasted getting you the funds you need.
NO CREDIT OR INCOME CHECKS
Borro does not perform credit or income checks on you and we do not report any information to credit agencies since your loan is secured by your luxury asset.
SAFE AND SECURE
Your luxury assets are always secure and protected with Borro. Borro insures all shipments and Borro stores your luxury assets in its highly secure climate controlled vaults.
FIXED RATES AND PAYMENTS
A Luxury Asset Loan features a fixed rate, which means your monthly payment will never increase. The interest rate varies between 2.99% and 3.99% per month, depending on the luxury asset and the value of the loan.
A FLEXIBLE AND CONVENIENT LOAN TERM
Our loans are typically for a 6 month term but can be paid back in full at any time. There are never any early repayment fees.
LUXURY ASSET APPRAISAL AND LOGISTICS FEE
A set-up fee for asset appraisal and logistics is applied only when you accept your loan offer. If you change your mind about the loan, no problem, your luxury assets will be securely shipped back to you free of charge.
PREPAY AND SAVE EVEN MORE
You can prepay your loan at any time to eliminate future interest payments. There is never a prepayment penalty or fee.
LOYALTY DISCOUNTS FOR REPEAT CLIENTS
Three months after taking your first loan you become eligible for a reduced set-up fee for all future loans with Borro.