With over 25 years in private banking, David Hardy will be responsible for developing business links with banks, solicitors, accountants and financial advisers.
Claire Gates, managing director of Borro, said: “Our growing product portfolio of services is particularly suited to the professional adviser with clients looking to raise capital quickly secured against personal assets. Our challenge is to ensure that advisers have a full understanding of what we do and how the Borro service can find a place in the services they offer.”
David Hardy said: “The Borro proposition offers a very simple but effective solution to many of the immediate funding problems which professional advisers face every day. Not only can clients raise money for a short term loan against a range of personal assets, but we can also provide immediate finance against a future sale at auction or even buy assets outright. In all cases, clients are assured of a personal, discreet service enabling them to meet the financial needs of the day with the minimum of fuss and paperwork.
Borro is currently recruiting to build its team of business development managers in order to better serve the needs of the intermediary community.
