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Asset Loans with Borro
Lending Against Assets - What we loan against - Cherished Number Plates
Cherished Number Plates
Borro will lend against high value number plates but at the fire-sale value of the
plate. i.e. a plate that retails at £150k might only be worth £60k in a fire-sale.
If there is still enough value in the plate. Borro will do a paperwork exercise
depending on whether the plate is on the car or not. Effectively transferring title
during the period of the loan.