Borro has announced the winner of its Christmas competition.

Simon Boghurst of secured loan specialist, Loans Warehouse, won a Rolex GMT Master II watch.

Boghurst sent in the most number of referrals before the competition closed on 23 December and received his Rolex from borro’s managing director, Claire Gates, at Loans Warehouse’ offices in Hertfordshire.

Gates said: “Simon is a worthy winner of our Christmas competition. We received a significant number of high quality enquiries from the intermediary community throughout the competition and it reinforces our belief that the concept of personal asset lending is gaining significant traction as an increasingly important facility for those clients wishing to raise money quickly and discretely for any purpose.”

Boghurst added: “When we expanded our bridging loan department in Q4 of 2013, that’s when borro really become an asset for Loans Warehouse, because not every bridging enquiry is for millions of pounds and the varied security options borro offer, along with speed of service, are invaluable to our clients. 

“The fact I now have a Rolex watch in the safe is an amazing reward just for doing what I do. Thank you borro.”