borro, which describes itself as a “personal asset lender”, says following buying sprees of the boom years, consumers are now turning to these unusual assets to access liquidity.

A Gibson Les Paul Guitar recently achieved a loan value of £80,000 while a Fender Stratocaster Red secured a £17,000 loan, the compnay said.

Meanwhile, an a cased Swiss violin from the mid-18th century pocketed the owner a loan of nearly £800.

Paul Aitken, CEO and founder of borro, said: “We have clients realising that investments they have made in rare and prized musical instruments can be used to release capital. Against the current economic background, we are seeing clients looking for savvy ways of raising money to perhaps realise business opportunities, or to pay for unexpected financial situations.”