FINANCING SOLUTIONS FOR EXCEPTIONAL CARS
Broad Arrow Capital, a Hagerty company, provides tailored loans and financing solutions secured by collector cars to eligible high net worth individuals, accredited investors, and businesses.
With over 60 years of finance, banking, legal, and collector car industry experience, Broad Arrow Capital’s team steps in where traditional banks and lending institutions fall short due to age or value of car.
Primarily focused on providing loans greater than $250,000 / £250,000 / €250,000 with simple, straightforward terms, Broad Arrow Capital offers bespoke solutions in the form of acquisition financing, equity release, consignor advance, and more to satisfy collector needs.
WHY BROAD ARROW CAPITAL
CLEAR, STRAIGHTFORWARD TERMS
Simple, straightforward financing terms. Proposal made to you within 2 business days of obtaining the necessary information on the collector car(s). Clearly laid out terms and conditions. No hidden fees or surprises down the road.
PROVEN TRACK RECORD
The leadership team, with significant experience in financing and banking, has a strong track record of providing bespoke collector car financing solutions using cars as collateral to high net worth individuals and businesses over the past several years.
LEADERSHIP TEAM
KENNETH AHN
As the Manager of Broad Arrow Capital, Ken brings over 20 years of strategy, finance, and operational experience to the company. Most recently, Ken served as President of RM Sotheby’s, the world’s largest collector car auction house by total sales, where he grew the company’s geographic footprint, formed strategic partnerships and joint ventures, and he founded one of the largest collector car financing businesses focused on providing financing solutions using collector cars as collateral. Prior to this role at RM Sotheby’s, Ken led the strategy and corporate development efforts at Sotheby’s in New York where he focused on both organic growth strategies as well as strategic investments and M&A. Prior to Sotheby’s, Ken was an investment banker at Goldman Sachs focused on advising clients and executing M&A and financing transactions in the Global Industrials Group. Ken began his career as a strategy and management consultant at the Boston Consulting Group. Ken earned his MBA from Harvard Business School, and his AB with honors with concentration in Economics from Harvard College. Ken has been a lifelong car enthusiast and has a collection of ‘Youngtimer’ European sports cars and high-performance sedans.
KARSTEN LE BLANC
As a VP of Broad Arrow, Karsten Le Blanc brings 30 years of finance experience to the company. Karsten will join Broad Arrow mid-January 2022 from a UK-based collector car finance company, of which he was the founder and Managing Director. Prior to this, Karsten was a Managing Director of Credit Suisse AG, for whom he worked in London and Zurich between 1992 and 2017, with a hiatus between 2013 to 2015, when he was a Managing Director at Deutsche Bank AG, London. Karsten held a variety of senior positions in Credit Suisse’s Fixed Income and Equity divisions before moving to the bank’s Private Banking division in 2006 to focus on Ultra High Net Worth clients. He began his career at Credit Lyonnais in Paris in 1990 in Fixed Income Derivatives. Born in the Netherlands, Karsten holds a degree in Economics from Tilburg University. He speaks English, German, French and Dutch fluently and is proficient in Spanish. He resides in London, UK. Karsten is a petrolhead, who likes racing and rallying and who has a broad taste when it comes to collecting cars.
NICK BARTON
Nick Barton joins Broad Arrow starting in May 2022 as Director of Financial Services. He has spent over 15 years in Finance and Investment Management. Most recently, he helped grow a successful UK-based collector car finance business from the ground up. Prior to that, he was a Portfolio Manager and an Investment Manager at Credit Suisse and Coutts, where he spent his time managing client’s wealth and investment portfolios, building structured investment products, and for Coutts, played a part in building their Passion Index. After leaving the banking world, Nick followed his passion for classic cars and started a classic car consultancy business. Nick has grown a strong network of personal relationships with individuals and businesses throughout the industry. He holds an Honours degree, is a Fellow of the Chartered Institute for Securities & Investments and is also a Chartered Wealth Manager".
MIKE MORTORANO
As the VP of Legal Services for Broad Arrow, Mike Mortorano brings extensive legal and administrative experience to the company, most recently serving as General Counsel for RM Sotheby’s. Prior to that Mike held positions in the Atlanta and Washington, D.C. area offices of two leading international law firms. Mike is experienced in handling a wide variety of transactions and solving disputes in domestic and international arbitrations, state and federal courts, sensitive investigations, and administrative matters. Mike earned his B.S. in Business Administration cum laude from Georgetown University, and his J.D. magna cum laude from George Mason University School of Law, where he served as executive editor of the George Mason Law Review. Mike is a member in good standing of the State Bar of Georgia and Virginia State Bar, and he has been listed in The Best Lawyers in America© "Ones to Watch."
OMAR FAROQUI
Omar joins Broad Arrow Capital as a Relationship Director with more than 8 years of experience working in finance, almost exclusively focused on providing funding for High Net Worth clients across collector cars, aviation and marine assets. Most recently Omar worked as a Relationship Director at Propel Finance PLC, establishing their Specialist Car offering. Prior to this, Omar was a Relationship Director at NatWest Group, for whom he worked in London focusing on the group’s Private Banking divisions, Coutts & Co and Adam & Co.
Omar holds a degree in Economic Geography from the London School of Economics and Political Science. He also has obtained the Certificate for Automotive Finance Specialists from The London Institute of Banking and Finance. Omar is a petrolhead; he has a passion for restoring cars with a particular interest in Alfa Romeo and Porsche. He is the proud owner of an Alfa Romeo Spider V6 24V which he has restored from the ground up and also owns a Porsche 911 (996) Carrera 4S manual. He is actively engaged in the automotive enthusiast community and can always be found at car shows across the UK, or documenting classic car finds on his DriveClassic Instagram page.
FREQUENTLY ASKED QUESTIONS
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How much can I borrow using my car(s) as collateral?
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Can I borrow from outside of the United States?
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What information do you need from me for a financing proposal?
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Do I have to be a High Net Worth Individual (HNWI) or an Accredited Investor to obtain financing from Broad Arrow Capital?
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How do I know if I qualify as a HNWI or an Accredited Investor?
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How long will the loan disbursement process take?
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Who is responsible for insurance?
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How long is the term of the financing?
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Can I keep possession of my car, if I have financing against it?
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What is the best way to contact you?
FOR MORE INFORMATION AND INQUIRIES
To obtain more information on our collector car financing solutions, or for general inquiries, please contact us:
Broad Arrow Capital LLC
Phone: +1 (313) 312-0780
Email: bafinancing@hagerty.com