lockQUICK AND ACCURATE LOAN OFFER STATEMENTS

Our world-class appraisers are in-house to provide you a loan offer without delay. Vorrow experts provide each client with efficient, accurate and quick estimates.

lockRECEIVE FUNDING FAST

After the acceptance of your loan offer your funds can be deposited into your account within minutes. Vorrow wastes no time getting you the funds you need.

lockNO CREDIT OR INCOME CHECKS

Your loan is secured by your luxury assets and Vorrow does not perform credit checks, income checks and we do not report any information to the credit agencies.

lockSAFE & SECURE

Vorrow will always secure and protect your assets. Vorrow secures your assets in a protected vault and insures all shipments.

FIXED RATES & PAYMENTS

Your actual rate depends upon the loan amount, loan term, value of the asset, and will be agreed upon between you and the lender. For additional loan options, please call 1-855-250-2500.

A FLEXIBLE AND CONVENIENT LOAN TERM

Our loans can be paid back in full at any time, but are typically a 4 (four) month term. There are never any prepaid penalties or fees.

LUXURY ASSET APPRAISAL & LOGISTICS FEE

When you accept your loan offer a set-up fee for asset appraisal and logistics will apply. No problem, if you change your mind, your luxury assets will be securely shipped and returned to you free of charge.

PREPAY & SAVE EVEN MORE

To eliminate future interest payments you can repay your loan at anytime. There are never any prepaid penalties or fees.

LOYALTY DISCOUNTS FOR REPEAT CLIENTS

After three months of taking your first loan from Vorrow you will become eligible for a reduced set-up fee for future loans.

What kind of assets does Vorrow accept as collateral for a loan?

Vorrow accepts the following types of luxury assets as collateral for a Sale Advance Loan:

Jewelry & Diamonds

Luxury Watches

Fine Art & Antiques

Luxury Cars

Gold & Precious Metals

Luxury Handbags

Fine Wine

Have something else? Vorrow has provided loans on other types of assets as well ranging from memorabilia to musical instruments. Please be sure to also view our FAQ that lists which assets Vorrow does not accept.

What assets does Vorrow not accept?

Vorrow will not provide loans on:

Electronics
Homes & Property
Stocks & Bonds
Animals & Livestock
Construction Equipment
Firearms
Assets that are not fully paid off
Assets that are not fully owned by you

How much can I borrow?

Vorrow can loan up to $500,000. Per luxury asset Vorrow can provide up to $2,000,000. Vorrow’s loan-to-value is 70% based on the estimated market value and may be as low as 30% depending on the asset.

How much can I borrow and who will determine the value of my assets?

The knowledge and expertise of our in-house appraisers combined with our international network gives Vorrow the advantage to offer you the best possible estimate.

What does “Market Value” mean?

The importance of “market value” and “retail value” is to distinguish the difference. The amount of money you could expect to receive today from selling your luxury asset is “market value.”

“Market value” for assets that are tangible tend to depreciate in value overtime.

“Retail value” factors in the cost and mark-up that the owner, retailer etc. incurred in marketing, selling and storing, therefore the “retail value” is usually a higher value than the current “market value.”

The market value and the retail cost varies by item. In the case of jewelry, the market value could vary from 30% to 60% of the retail price.

Can I extend my loan?

Of course, you can apply for a loan extension.  If the extension is approved, you will need to pay a set-up fee and repay any unpaid interest that is due at the time of the extension. Vorrow will then create a new loan agreement with the new loan amount.

Is there a minimum or maximum loan period?

The duration of the loan period is ultimately determined by the sales period, but the Sale Advance Loan contract is for 4 (four) months.

Can I change my mind?

You have the flexibility up until you sign the loan agreement. Here is the process: As soon as your luxury asset is in our possession – whether you drop it off, we pick it up or it is shipped to us – Vorrow will appraise your asset and tell you how much we are willing to lend you. Vorrow will provide you with elaborate details on the loan. The decision is completely up to you. If you agree to the terms, conditions and rates you will be issued with the agreement which will then become binding.

When will I receive my funds?

Quickly! As soon as Vorrow has appraised your luxury asset, you approve and agree to the loan offer, we will deposit the funds to you instantly – typically via a wire transfer.

How do I pay off my loan?

Vorrow has made it simple and convenient for you to make your payments. We accept, cash deposits, bank transfers, checks and debit card payments. It is important that you understand the processing time of the payment method you choose.

Does Vorrow conduct credit checks?

We do not check credit when making decisions on offering loans. Vorrow may run an ID check but this is NOT a credit check and will not affect your credit rating.

What does an appointment at Vorrow involve?

You can call 1-855-250-2500 to schedule an appointment with one of our experts or schedule an appointment online.

When you arrive at our Vorrow office you will be kindly greeted by our account manager and our certified appraiser. Next you will receive an appraisal from our expert valuer of your luxury asset along with a quote for your loan.

Walk-ins are always welcome however, it is best to make an appointment prior to your visit.

Where will my assets be stored?

Vorrow has a state-of-the-art secure and private storage facility where your luxury assets will be safely stored. Our private and secure storage vaults have climate control to preserve your valuable assets whether it be jewelry, gold, fine art, watches, a car or something else.

How does a Sale Advance Loan differ from a Loan Against Your Assets?

Sale Advance Loan enables you to unlock the value of personal luxury assets thanks to extensive network of auction houses, private galleries and private buyers.

Using a luxury asset as collateral without having to sell your asset in exchange for a loan is a Loan Against Your Assets.

When can I come in to redeem my loan?

Please contact our Account Representative to arrange an appointment at 1-855-250-2500

Please be advised that all redemption appointments must be scheduled in advance.

Can someone else come and collect my assets on my behalf?

Please contact our Account Representative to discuss this further at 1-855-250-2500.

Please be advised that all redemption appointments must be scheduled in advance.

Can I come in and collect my assets?

Absolutely! Please contact our Account Representatives to arrange an appointment at 1-855-250-2500.

Please be advised that all redemption appointments must be scheduled in advance.

How will my assets be returned to me?

Your luxury assets will be returned promptly and safely.

Before assets are returned, we will confirm the address on your account. This can be done after making a payment to redeem your loan. A member of our Account Representative team will contact you to confirm this. The delivery may take longer if your address is not confirmed.

When returning larger assets such as, cars, artwork, and motorcycles Vorrow will need to confirm delivery time prior to scheduling the delivery. You may contact our Account Representative at 1-855-250-2500 to arrange for a delivery or pick-up.

Is it possible for my assets to be delivered to an alternative address?

Vorrow offers the highest level of security for your luxury assets during your loan period, therefore we do not arrange to deliver assets to any other address than the address listed on the account.

 

If there has been a change of address you can update this information by sending us a bank statement or utility bill with the updated address.  We will also need a letter or email explaining that you wish to update your address. Within 24 hours your information will be updated in our systems.
Vorrow can arrange an appointment for you to come into our office and collect your assets if it is not convenient for your assets to be delivered to your residential address.

What happens if I am unable to repay my loan?

If you are unable to make on time payments or pay your loan in full you may contact our account specialists at 1-855-250-2500. Vorrow will do our best to find a solution to work with you and resolve your loan balance. Per the terms and conditions of your signed loan contract Vorrow may sell the asset(s) that you used to secure your loan to recover the outstanding loan balance.

If you default on your loan agreement the title of ownership for your luxury asset(s) may be transferred to Vorrow.







  • *Recipient of loan must hold title to vehicle which matches their current ID (passport, driver's license, etc.).


  • Please attach any pictures you may have of your item. Include any information, documentation, and additional images to assist us in accurately appraising the current true market value of your asset.

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