Below, a message from Richard Shults GG (GIA), Chief Underwriter for Borro:

Easy and efficient access to capital at the exact time it?s needed helps people solve problems, seize opportunities, and live dreams. While traditional financial institutions can cover many of the financial needs for most affluent individuals and families, they often fall short when five to seven-figure amounts of capital are needed on very short notice, when individuals are highly leveraged, or both. For owners of luxury assets, particularly watches, Borro is a specialty financial service provider that fills these gaps with nearly immediate access to capital through confidential non-bank loans and lines of credit. Borro simply uses one or more of a borrower?s luxury assets as collateral, and also provides inventory loans to dealers in the luxury goods trade.
Luxury assets can yield impressive returns. Yet, unlocking their equity through private sale or auction takes significant time and effort. Borro makes it easy to capitalize on the true value of your watch or watch collection without the wait, and, more importantly, without the need to sell.

Since 2008, the company has helped affluent and high-net-worth clients address situations and meet opportunities, including starting up or running businesses, funding investment activity, expanding luxury asset collections or dealing with unexpected expenses relating to healthcare, litigation, or loss of income. Borro accepts virtually ...