Automotive finance provider, JBR Capital, has announced that since its establishment in 2015, it has hit a remarkable milestone of £1 billion in lending – enabling thousands of enthusiasts to fund the purchase of their high-end dream car.
Building on significant momentum since the business was founded, JBR Capital has rapidly accelerated over the last 12 months - 2022 being the company’s most successful with £279 million in lending alone - regularly underwriting between £20 million to £30 million per month. The company remains the UK’s only independent finance lender with a sole focus on supercars, luxury cars and prestige vehicles per month over £25,000 and up to £750,000.
Consolidating its position as the UK’s leader in bespoke finance for high-end vehicles, JBR Capital has underwritten 10,900 individual loans in the six years since it was founded, with the largest loan being more than £3 million, while the £1 billion total figure equates to 11,356 Porsche 911 Carreras, 3,688 Lamborghini Aventadors, or 83 Mercedes-Benz 300 SLR Gullwing Uhlenhaut Coupés (if more than two were ever made).
With demand from the company’s ever-growing base of clients increasing, JBR aims to break another milestone by lending a further £1 billion to customers in just two years from now.
Nayan Kisnadwala, Chief Executive Officer at JBR Capital, said: “We have achieved this significant milestone thanks to the dedication of our colleagues and loyal introducers – it is a real ‘wow’ moment. At the heart of every company are the people, thanks to the self-belief of all everyone at JBR Capital they are the reason we have reached this momentous part of our journey. Our engaged workforce has created an engaged customer; I would like to thank all of them for believing in us. We’re going to achieve a billion pounds again, in two years.”
Darren Selig, Founder & Chief Commercial Officer at JBR Capital, said: "We are overjoyed to have reached the milestone of £1 billion in lending, which has allowed us to help thousands of car enthusiasts fulfil their dreams of owning a luxury or high-performance vehicle. We understand the excitement and pride that comes with driving a high-end car, and we are grateful to have been able to make that a reality for so many people. As the
UK's leading provider of bespoke finance for these types of vehicles, we are dedicated to serving our growing base of loyal clients and providing the best possible service and support.”
Having launched an industry standard-setting sustainability initiative in 2022, JBR Capital in partnership with Carbon Neutral Britain has offset 5,000 miles of carbon emissions for each car financed by its clients, greatly reducing the environmental impact of high-end vehicle ownership. Loans for electric vehicles increased to 6% of JBR Capital’s loan book by the end of 2022.
