Spotlight Television will Explore the World of Alternative Financing with Dewey Burke

NEW YORK - Oct. 11, 2023 - PRLog -- Despite the value locked up in luxury assets, many wealth managers don't discuss luxury-asset lending as a liquidity option with their clients. Luxury asset financing has become a booming industry thanks to the increasing value of luxury assets. As prices for luxury goods climb, Business Owners, CEO's, and high-net-worth individuals are looking to fund new ventures without having to sell their prized possessions.

Dewey Burke is the Founder and Chief Executive Officer of Luxury Asset Capital, a leader in the alternative finance segment that provides loans using borrowers' luxury assets as collateral. As CEO, he is primarily responsible for formulating the company's strategy and overseeing its execution. Under his leadership, the company has experienced tremendous growth since January of 2017 and acquired its two largest competitors, Borro (January 2019) and Beverly/New York Loan Company (December 2021). Their brands have loaned over one billion dollars to tens of thousands of clients across the country making Luxury Asset Capital the nation's largest privately-held provider of non-bank loans that use borrowers' luxury assets as collateral.

With interest rates climbing, along with the tightening of standard lending criteria among conventional bridging firms, luxury asset lending is more attractive than ever. More than ever investors looking to seize new investment opportunities are turning to this discreet, rapid route to liquidity. Find out how to unlock the equity in your high value, luxury items in secure confidential loans in this upcoming episode.

Spotlight Television is a National Television Show airing on Fox Business as sponsored content. A premiere news magazine show Spotlight shines the spotlight on Leaders, Products, and the next big thing, who are making a difference in the world.

Luxury Asset Capital®  is a leader in the alternative financing market, with tens of thousands of transactions and over one billion dollars in loans funded by its Borro, New York Loan Company, and Beverly Loan Company brands since inception. They are a private lender to individuals and businesses in exchange for luxury assets that are held as collateral when traditional channels of financing are either too slow, invasive, burdensome or, in some cases, unavailable. They unlock the equity in a wide range of assets that are high in value but low in liquidity and execute transactions from thousands to millions of dollars in as little as one hour.

Stay tuned for the upcoming air date announcement of Spotlight's interview with Dewey Burke broadcasting on Fox Business Network. To learn more about Luxury Asset Capital visit: www.borro.com.