Luxury Handbags

Chanel and Hermès handbags can give you access to capital. We will lend against the finest handbags and ensure the utmost care of these high-fashion items.

  • Below are just some of the criteria we use to determine loan value, however every asset is unique, and our appraisers will fully appreciate that:

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      Brand and Model - unquestionably a major determinant of value. We currently accept Hermès and Chanel handbags only

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      Material - whether your handbag is leather, crocodile, patent leather, calfskin or a different material, it will play a role in your handbag's value

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      Condition - scratches, abrasion, damage to construction and any visible wear and tear can decrease value, so we'll note that

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      Accessories - including purchased accessories with your handbag can often increase your loan value. We'll not only admire the accessories but we'll take them into consideration

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      "Provenance" - the original box, dust cover, receipt, certificate or other papers that are associated with the handbag will add value

    In addition, our appraisers combine their own current market knowledge with insights from manufacturer databases, when available; this includes Hermès and Chanel repair centers as well as auction records, from auction houses themselves and third-party data collectors. As part of our diligence we also look for a match with registers of lost and stolen items.

  • We offer a number of options for getting your luxury handbag to us:

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      FedEx: Use a free & insured FedEx label to send your luxury handbag to us taking advantage of FedEx SameDay and FedEx Overnight Declared Value Advantage service which is tailored for shipping high-value handbags. Your assets will be insured by Lloyds of London for up to $100,000

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      Collection: Depending on the value of the handbag, we can send a courier to pick it up and deliver it to us with the highest level of attention and security. Of course, we'll arrange this at a time and place convenient for you

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      Bring your handbag to us: Your time is as valuable as your assets. So make an appointment and one of our expert appraisers along with your account manager, will be ready to meet & greet and appraise your handbag as soon as you show up

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      Home appraisal: If you have a high-value handbag collection or you are looking to use multiple assets to secure your loan, one of our expert appraisers can come to you to appraise your assets on location

  • With Borro you have the confidence of end-to-end insurance. That means your handbag (or handbags) are protected from the moment they leave your hands, until you have them safely and securely returned to you, once your loan is repaid.

    The minimum insurance is the fair market value of your assets; never less, often more. This is provided by both our courier and storage partners, as well as by our own insurance, which is provided by underwriters who are part of Lloyds of London. Need we say more?

    In Transit:

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      If you send your handbag to us using our free FedEx label, your assets are insured up to the value of $100,000 for the SameDay service, and up to $50,000 for the Overnight service

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      For a special collection of your handbag by a Borro employee you are insured up to $500,000

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      If one of our appraisers takes your handbag collection with them to our valuation center after a home appraisal, you are insured up to $500,000

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      In special cases we will make bespoke arrangements to get your handbag to us. We will always ensure your items are fully covered

    With Us:

    When your handbag arrives to our valuation center it is handled under CCTV, barcoded with a unique ID code and photographed.

    While your handbags are with us for the appraisal, as well as for the duration of your loan, they are stored in our highly secure vaults or with one of our partners which include Citibank and Malca-Amit. In all locations your handbags are fully insured up to their fair market value.

  • When it comes to your handbags, we provide the necessary storage materials to ensure that your handbag is well-protected, with no risk of damage, for the duration of the loan. Depending on the value of the bag, Borro can provide you with an authentication report for your handbag. This includes a comprehensive description which documents the details of the bag along with a photograph. This is a useful document to have should you ever wish to consign your handbag to auction, or wish to have it insured.

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I must say that I was super impressed with the service and overall easy going nature of the entire Borro staff” — A customer who needed a loan to secure a business deal