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“We had a guy asking if he could get a loan against his livestock,” says Paul Aitken. “Which obviously we turned down.”

The founder of Borro, which has been labelled as a pawnbroker for the wealthy (more on that later), is remembering some of the assets he has refused to lend against.

“Another guy filled in on the website what he wanted a loan against. It was under watches, he said tanks,” says the 41-year-old chief executive. “So we assumed it was a Cartier Tank watch. But when we spoke to him he actually wanted a loan against a tank. We didn’t do that.”

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