Borro Receives $112,000,000 New Financing Round

  • Feed Type
  • Date
    3/4/2014
  • Company Name
    Borro
  • Mailing Address
    767 3rd Avenue New York, NY 10017
  • Company Description
    Borro provides short-term personal asset loans against fine art, jewelry, luxury watches, prestige cars, fine wine and more to the tri-state area.
  • Website
    http://www.borro.com
  • Transaction Type
    Debt
  • Transaction Amount
    $112,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Borro will use the new funding line to meet the customer demand for large-scale personal asset loans.
  • M&A Terms
  • Venture Investor
    Victory Park Capital