Get a loan using a Louis Vuitton handbag as collateral
Louis Vuitton handbags have remained an immediately recognizable indicator of style and quality for over a century. Prices for these iconic leather items range from $ 1,500 to $ 15,000 and some well over $ 30,000. Many cost less than $ 4,000, making them an affordable luxury, owned by millions of women around the world. Louis Vuitton bags are often cited as part of the exclusive “holy trinity” of luxury handbag brands, along with Chanel and Hermès.
Due to their popularity, quality, and the enduring strength of the Louis Vuitton brand, Louis Vuitton handbags are a luxury asset with a solid track record in curating or appreciating value. For example, the Louis Vuitton Neverfull Tote has been reported to retain 85% of its overall value, with some limited edition versions having doubled in price in the 10 years since its introduction.
Louis Vuitton handbags are consistently among the most popular luxury assets used to secure secured loans. Secured loans are a reliable, fast, and easy way to access cash without a credit check, credit history, or financial disclosure. For example, Louis Vuitton handbag owners, collectors and retailers can obtain loans of up to 75% of the current resale value of their handbag (s) from collateral lenders such as Borro in just a few days. “Louis Vuitton is the most valuable luxury brand in the world because its price allows many people to own an asset with such an iconic design, great quality and timeless style,” said Borro’s chief underwriter, Richard Shultz, GG (GIA). “This is why many Borro customers use Louis Vuitton handbags as collateral for their loans.”
Louis Vuitton handbag owners, collectors and retailers can obtain standard loans or lines of credit from Borro, for amounts ranging from $ 2,500 to over $ 5,000,000. Borro allows customers to capitalize on the true value of their Louis Vuitton handbag (s) without the wait and, more importantly, without the need to sell. Borro accepts all Louis Vuitton handbags, including Louis Vuitton Alma, Louis Vuitton Capucines, Louis Vuitton Neverfull, Louis Vuitton Noe, Louis Vuitton Petite Malle, Louis Vuitton Speedy and Louis Vuitton Twist, as well as shoulder and shoulder bags. Louis Vuitton shoulder strap, Tote, backpacks and belt bags, mini bags and chain bags. Borro’s in-house specialists have over 80 years of combined experience in luxury assets. They are experts in this field with close relationships with auction houses and a strong network of appraisers, traders and dealers offering individuals the peace of mind that they can trust Borro with their Louis. Vuitton. Borro also accepts other luxury handbags as loan collateral including Birkin, Dior, Yves Saint Laurent / YSL, Prada, Chanel, Gucci, Givenchy, Goyard, Céline, Hermès and more.
Borro is the nation’s leading provider of secured loans, providing $ 450,000,000 in loans to more than 15,000 investors, entrepreneurs, small business owners and others. Borro unlocks equity in a wide range of high-value but illiquid luxury assets and executes transactions ranging from thousands to millions of dollars in just one business day. For more information or to apply for a secured loan, please visit https://borro.com/assets-we-accept/designer-handbags/