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Interview with Joseph Charalambous, Borro Business Development Director
We continue our series of interviews with leading art service providers. Whether you are learning about these companies for the first time or are already familiar with their services, we hope this series helps shed insight into each’s distinct niche and make the art services market in general more transparent. In November, we sat down with Joseph Charalambous, Business Development Director for Borro, a major player in the art lending category. The Clarion List: What is Borro?- Joseph Charalambous: Borro is a fast-growing marketplace for short-term loans secured by luxury assets. Its mission is to simplify access to credit for private clients through technology, allowing loans to be completed quickly and discreetly. CL: What makes you unique?- JC: Borro is unique in that it targets a widely underserved area of the market. Private banks and boutique lenders are offering loans above $1 million secured by art, whereas Borro on the other hand offers loans from $10,000 up to $5 m....
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