Asset finance

Borro appoints John Allbrook as chief exec

4th July 2017 0

Borro has appointed John Allbrook as executive chairman and chief executive of Borro. Allbrook was formerly executive chairman of Syscap and has also previously held positions at GE Capital and GoIndustry. Following a full strategic […]

Latest News

Paul Aitken exits Borro

16th June 2017 0

Borro founder and CEO Paul Aitken is leaving the business. Since launching in 2008 Borro has established itself in both the UK and US with lending figures topping £260m over the last three years. Non-exec […]

Asset finance

Borro: Business growth stalled by slow bank lending

23rd May 2017 0

Borro has warned that the banking industry must improve speed of access to finance for business owners or risk a slowdown in business investment. Paul Aitken, chief executive of Borro, said: “Bank lending speeds have […]

Asset finance

Borro closes its largest luxury loan

11th April 2017 0

Borro has closed its largest luxury asset loan at £6m. A small collection of blue chip post-War and contemporary art was brought to Borro by a client looking to refinance an existing loan. Paul Aitken, […]

Bridging

Masthaven hires Harriet Smith from Borro

7th April 2017 0

Masthaven has hired Harriet Smith as a business development manager from Borro. She spent six years at Borro, where she focused building the lender’s bridging loan book. The lender has also appointed Charles Creak as a […]

Asset finance

Borro offers brokers 5% commission

13th February 2017 0

Borro is offering brokers 5% commission on loans secured against luxury assets until 14 April. Brokers signed up with Borro also qualify for step by step guides on asset-backed cases, an assigned Borro staff member, […]

Bridging

Borro pause property lending

13th July 2016 0

Borro has paused its second charge lending until September following the EU referendum last month. Borro CEO Paul Aitken said the firm was worried about uncertainty amongst other lenders and an increase in the number of […]

Bridging

Borro becomes full ASTL member

7th July 2016 0

Personal asset lender Borro has upgraded its associate membership to become a full member of the Association of Short Term Lenders. Borro first joined the ASTL as an associate member in 2012 and, due to […]

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