Based in downtown Chicago, Boro is the first online financing platform dedicated to college students, recent graduates, and expats in the United States. We provide affordable auto loans with flexible terms, and do not require a social security number (SSN) or credit history for approval.
Our innovative underwriting system allows us to look beyond FICO scores to make faster credit decisions than traditional financial institutions. With no hidden fees or prepayment penalties, we are proud to bring transparency to auto financing for a historically underserved population. We currently cover 31 states. Please visit here to check our coverages.
|Lend to college students, recent graduates and expats||Yes (U.S. Citizens, Green Card holders and A5, C8, F1 / OPT, G, H1B, J1, L1, O1 Visa holders)||Very Rarely|
|Require Income Statement||No||Yes|
|Loan Term||Flexible, 12 – 45 Months||Fixed|
|Max Amount||No Cap||$40K - $60K|
Enable your dealership to work with customers who have not been eligible for financing options from traditional lenders
Boro will source customers to your dealership for free from our omni-channel marketing network
Promote your dealership in our online and offline marketing campaigns targeting Gen Z and Millennials
A commission will be offered for every funded loan sourced from your dealership.