Luxury Asset
Term Loans

Allows high net worth individuals to pledge
their luxury assets to borrow a minimum of
£100,000 for a period between 1 and 24 months.



    We have an in-house valuations team along with an international network of qualified appraisers, auction house specialists and experienced dealers so that we can provide you with appraisals of the assets that you wish to pledge as security in a timely manner.


    Loan proceeds can be deposited to your UK bank account within minutes after you accept your loan offer. No time is wasted getting you the funds you need.


    Borro does not perform credit checks on you and we do not report any information to credit agencies since your loan is secured against your luxury asset.


    Whilst provided as security with Borro, your luxury assets are secure and protected.


    To qualify as a person of high net worth you must satisfy the following criteria:


      Your accountant must be able to certify that during the previous financial year you have received net income totalling an amount of not less than £150,000 and/or had throughout that year net assets with a total value of not less than £500,000


      You must have assets capable of being pledged as security for the loan of at least £168,000


    Term Loans can be secured using luxury assets (fine art, antiques, jewellery, watches, gold and precious metals, classic cars and more) that meet the minimum loan value of £100,000. Modern cars with a depreciating value are not eligible for a Term Loan.


    A Term Loan consists of a monthly fixed rate of interest and an annual service charge, which means your monthly interest payment will never increase and your annual charges will be taken as a payment upfront. The interest rate varies depending on the luxury asset and the value of the loan. Interest rates are from 0.99% and interest is paid on a monthly basis.


    A Term Loan is for 18 to 36 months and you can choose to set your term at 18, 24 or 36 months.


    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 and any fees paid will be reimbursed.


    The Annual Service fee is assessed based on the luxury asset and the term of the loan to cover features such as insurance and storage. It will be charged upfront. There is a penalty for early settlement of a Term Loan.


    There is no principal reduction during the loan term.

  • What kind of assets does Borro accept as collateral for a loan?

    Borro accepts the following types of luxury assets:


      Fine Art & Antiques


      Classic & Luxury Cars


      Jewellery & Diamonds


      Luxury Watches


      Gold & Precious Metals


      Luxury Handbags


      Fine Wine

    Borro has also provided loans on other types of assets ranging from memorabilia to musical instruments. Please be sure to also view our FAQ that lists which assets Borro does not accept.

    What kind of assets does Borro not accept?

    Borro does not accept:




      Stocks & Bonds


      Animals & Livestock


      Construction Equipment




      Assets that you have not fully paid off


      Assets that are not fully owned by you

    How much can I borrow?

    Borro offers Luxury Asset Term Loans from £100,000 to £5,000,000.

    Is there a maximum or minimum loan term?

    Luxury Asset Term Loans are offered for 1 to 24 months.

    Who will value my assets and determine how much I can borrow?

    Borro has an in-house team of valuers certified by organisations such as Gemmological Association of Great Britain, The National Association of Jewellers and the Gemological Institute of America.

    Our valuers maintain an international network of qualified appraisers, specialists, and dealers to ensure Borro reaches the most accurate market value possible.

    What exactly do you mean when you say that your loans are based on "market value"?

    "Market value" is the amount of money that you could expect to receive from selling your luxury asset(s) today. This is often different from the "retail value" that may be provided elsewhere.

    The "retail value" of a luxury asset is almost always a higher value than the current "market value" as "retail value" factors in the costs incurred in marketing, storing, and selling the asset to you.

    Luxury assets tend to depreciate compared with their retail value unless they are very rare.

    Can I extend my loan?

    Luxury Asset Term Loans cannot be extended ("renewed"). When your loan agreement ends you may have your asset valued and request a new loan based on the updated value.

    Can I change my mind?

    Up until your loan agreement is accepted you have complete flexibility.

    Accepted loan agreements may be cancelled up to 14 days after they are signed. Simply send us an email or call us. Fees incurred will be refunded in full. You only pay pro-rata interest (calculated daily) up until the day Borro receives notification.

    When will I receive my funds?

    Once the loan agreement is accepted we can deposit the loan funds immediately via bank transfer.

    How do I repay my loan?

    Borro accepts bank transfers, cheques and debit card payments. Some payment methods process faster than others, so it is important that you understand the processing time required for the payment method that you choose to use. Payment must come from an account in the account holders name. Payment from business accounts or third parties will not be accepted.

    How will I get my assets to Borro for valuation?

    Borro can arrange for a courier to collect assets such as luxury watches and jewellery as well as smaller works of fine art and antiques. Alternatively, you may book an appointment to meet our valuers at our offices.

    For larger works of fine art and antiques or luxury and classic cars we will arrange specialised transportation via one of our partners.

    For important pieces or assets in specialised storage we can arrange an on location visit by our valuers.

    What does an appointment at Borro's offices involve?

    When you visit us, you will be greeted by your account manager and one of our valuers. Based on the valuer's assessment of your assets you will receive a loan offer.

    Your account manager will then set up your Borro account if you haven't done so already, explain your loan agreement and you can receive your loan funding the very same day via a bank transfer.

    You can book an appointment either by calling us at 0808 163 9537 or on our website. Borro recommends booking an appointment in advance of your arrival however you are welcome to visit our offices for a walk-in appointment if you are near one of our offices.

    Where will my assets be stored?

    All luxury assets are stored under highly-secure conditions with Borro's storage partners. Each partner offers specialised, state-of-the-art storage options so Borro can ensure assets are well taken care of until they are returned to you.

    How does a Luxury Asset Term Loan differ from a Luxury Asset Bridging Loan?

    A Luxury Asset Term Loan is a long-term financial product. A Luxury Asset Term Loan contract can provide a contract up to 24 months, provided the loan amount is greater than £100k. Luxury Asset Term Loans cannot be renewed.

    A Luxury Asset Bridging Loan is not a long-term financial product. A Bridging loan is written in a 6-month contract and you can request an extension ("renewal") if needed.

    When can I redeem my loan?

    Your loan can be redeemed at any time, either online or with our Accounts team. You may come to our offices to receive your assets or Borro can arrange to have them returned to you.

    Please call our Accounts Team on 0203 131 5040 to arrange your redemption. Please be aware that all redemption appointments must be booked in advance.

    Can someone else come and collect my assets on my behalf?

    Please contact a member of our Accounts Team on 0203 131 5040 to discuss this further.

    How will my assets be returned to me?

    Your assets are returned to your address in the same way they were brought to Borro for valuation after our Accounts Team have confirmed the return details with you.

    Should you need to change your details or if you would like to pick up your assets yourself please contact our Accounts Team at 0203 131 5040.

    Is it possible for my assets to be delivered to an alternate address?

    To offer the highest level of security for your assets Borro does not arrange delivery to any address other than the address listed on your account.

    If you have changed address since you took out your loan, you can update your address by sending a copy of a utility bill or bank statement to along with a covering email explaining that you wish to update your address. Please ensure that this is dated within the last 3 months of the date of sending. This will be updated online within 24 hours. If the address is not updated, please call our Accounts Team on 0203 131 5040.

    If it is not convenient for the assets to be delivered to your residential address we can arrange an appointment for you to come and collect the assets from our offices in central London. To arrange an appointment email us at or call our Accounts Team on 0203 131 5040.Please be advised we will require photo ID in the form of a passport or driving license for redemption.

    What can I do in my Borro account?

    From within your My Account Area you can update your account details, keep track of your loan statements, make secure payments for interest, redemption or extension of your account, view all of the assets currently under contract and apply for new loans.

    How do I log in to or create my Borro account?

    Simply visit the sign in page and you can log in or create a Borro account.

    How do I change my Borro account password?

    Simply visit the forgot password page and you can reset your Borro account password.

    What happens if I cannot repay my loan on the expiry date?

    If you are not in a position to repay your loan, you may wish to extend your loan.

    To extend your loan, you will need to make a payment of the outstanding interest on your account plus an administration fee, from there you accept a Renewal Contract. You are able to renew your loan from within your online account.
    If you do not extend or redeem your loan, it will expire and become overdue. At this point the assets used to secure your loan will be eligible to be sold to recover the amount owed to us. The assets may be sold either by public auction or by private treaty sale.

    You will be notified by letter of the earliest date that your assets will be sold. You will be able to make a payment to extend or repay your loan up until the date specified in the notification letter.

    The sale of your assets is a last resort and we always aim to prevent the sale of your items. Please speak to a member of our accounts team to discuss how to manage your loan payments.


  • Luxury watches

    Luxury Watches

  • Jewellery & Diamonds

    Jewellery & Diamonds

  • Fine Art & Antiques

    Fine Art & Antiques

  • Luxury Cars

    Luxury Cars

  • Gold & Precious Metal

    Gold & Precious Metal

  • Fine Wine

    Fine Wine

  • Luxury handbags

    Luxury Handbags

Speak to a specialist

0808 163 9537

Or get started online

  Add Another Asset


Application has no impact on your credit score

Borro honoured as a member of the 2014 FinTech50

Since 2008, Borro has provided
£108,604,000 in funding to our clients.


The main benefit for me is the speed with which a loan can be agreed, as well as the flexibility. I can pay the loan back as quickly as I want and am not tied to a longer-term deal.”
— Francine L.


See How Borro
Can Work for You

Borro's process is easy and private. It is designed to get you the maximum value in the minimum time.

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