Borro closes its largest luxury loan
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, chief executive and founder of Borro, said: “I’m happy with the progress the business made in 2015 and 2016.
“Now we have begun 2017 with our largest luxury asset loan ever and delivered 30% growth in Q1.
“I expect us to continue the year as we have begun.”