VENÜ #46 FALL/HOLIDAY

Page 14

Valued Virtues

CAPITALIZE ON THE EQUITY OF YOUR LUXURY ASSETS WITHOUT SELLING

Paul Gauguin The Bathers, 1897 | Courtesy of National Gallery of Art | Sam A. Lewisohn

VENÜ chimes in with Borrō, the leading provider of confidential, non-bank loans that use borrowers’ luxury assets as collateral.

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BY KAMI SLOAN

Venü: How was your company founded? Borrō: Our parent company, Luxury Asset Capital, was founded by Dewey Burke, an entrepreneur with extensive experience in the private sector of equity and collateral lending with the undertaking of providing a safe and effective way for the UHNW individual to leverage their equity in asset classes that are high in value and low in liquidity of their prized possessions. Venü: What’s the primary mission of your brand? Borrō: Borro was established as a fintech platform to provide capital to individuals at critical moments in time. Our mission is to help individuals who need to quickly and discreetly meet a financial deadline every day to seize a crucial opportunity. Venü: How many years has your company been in business? Borrō: The company began in 2008 and has provided nearly half a billion dollars of loans to over 15,000 clients.

CONTEMPORARY CULTURE//MAGAZINE

Courtesy of istockphoto / Massi67

WELL-BEING


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