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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.