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What’s it worth? Borro to offer free valuation day for luxury assets PDF Print E-mail
Thursday, 11 June 2015

Borro, the online platform for luxury asset-backed lending, is holding a valuation day (https://www.borro.com/uk/valuationday?afid=158430&src=valuationday) at their London offices on Thursday 18th June, from 10am to 7pm, at 53 – 64 Chancery Lane, WC2A 1QU.

Borro’s expert valuers will be on hand offering complimentary and confidential advice on jewellery, luxury watches and more, assessing the history, market demand and saleability of luxury assets.
 
Borro, the one-stop-shop for liquidity on luxuries, has lent £125m against luxury assets since launch in 2008 and expects to lend another £100m in 2015 with clients using a wide range of high value and often unique assets as collateral for loans. A collection of swords achieved a loan value of £200,000 for one client, while another client secured a £500,000 loan using a collection of vintage Gibson and Fender electric guitars.
 
In response to popular demand, December 2013 saw Borro launch its service offering loans against handbags from the classic French fashion houses Hermès and Chanel. Since then, business has blossomed, and recently Borro lent £50,000 loan against a rare Hermès Birkin bag in black crocodile, and £20,000 against a 35cm Hermes Birkin bag.
 
As well as the more obscure assets, Borro holds a host of sparkling diamonds as well as priceless timepieces in its network of vaults deep underground Chancery Lane house.
 
Paul Aitken, CEO and founder of Borro, commented: “Have you ever wondered what that painting, antique, or inherited piece of jewellery might be worth? Now’s the chance to feed your curiosity and find out more at our free valuation day. Our valuers will be on hand to appraise your asset and they have years of experience as experts in their field, and also have excellent auction house connections and a strong network of fellow appraisers with international reach.
 
“For many of our clients, unlocking the value of unique luxury assets provides a solution that doesn’t involve permanently parting with items which may be family heirlooms with a great deal of sentimental value attached.”

(Source - Borro Press Release)
 

 

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