01 November, 2013
borro has continued to develop its proposition for the broker market with the addition of its ‘Sale Advance’ facility for clients.
With ‘Sale Advance’, clients selling items at auction or privately can now benefit from borro’s service, which offers up to 70% of the estimated hammer price in advance of the sale.
The auction and sale process can be a lengthy process and in this way, clients can have instant access to funds while borro takes over the sale process and guarantees to return any extra value, should the items exceed the expected sale price.
Chris Willis, senior vice president for business development and sales at borro, said: “We are particularly proud of the new addition to our service which we are unveiling to our intermediary partners.
“With Sale Advance, clients do not have to wait for an auction date or to make a private sale. borro is there with an offer of 70% of the estimated value immediately, plus a full service to ensure a sale at the best price.
“The feedback has been very positive so far. borro’s offering is now, without doubt, the most flexible borrowing service in the UK.”