JBR Capital Revolutionises Luxury Automotive Finance Following Shawbrook Acquisition
Luxury automotive finance leader JBR Capital enters a new era of growth and innovation after being acquired by Shawbrook Group plc.
- Access to Shawbrook’s extensive funding resources and cutting-edge technology will drive ambitious expansion in the luxury, supercar, and hypercar finance markets.
- Maximum loan amounts increased from £750,000 to £2 million, with approval times reduced to as little as four hours.
- The acquisition brings together JBR Capital’s expertise and Shawbrook’s advanced capabilities, offering a premium service combining knowledge, speed, and certainty.
Specialist lender JBR Capital is set to enhance its industry-leading services following its acquisition by Shawbrook Group plc on 30 September 2024. The partnership empowers JBR Capital to expand its operations within the luxury vehicle market, focusing on hypercars and supercars, while improving customer experience through faster approval times and larger funding limits.
JBR Capital now offers financing of up to £2 million per customer, with loan approval times as short as four hours. Customers will continue to benefit from the lender’s extensive expertise in high-end vehicles and the personalized service for which it is renowned.
Darren Selig, Founder & Chief Commercial Officer of JBR Capital, remarked:
“The acquisition by Shawbrook gives us the resources to take our business to the next level and enhance our customer service. With over half a million customers and £15bn of deposits under management, Shawbrook’s support allows us to meet our clients’ needs more comprehensively than ever before.”
A Shared Vision for Excellence
Both JBR Capital and Shawbrook are committed to a ‘best of both’ approach, blending technology and human expertise to provide discerning customers with a seamless, premium experience. Shawbrook’s advanced funding capabilities and JBR’s sector expertise create an unparalleled service offering, tailored for the unique needs of luxury automotive finance.
Marcelino Castrillo, Chief Executive Officer of Shawbrook, added:
“JBR’s exceptional knowledge of the luxury vehicle finance market perfectly complements Shawbrook’s expertise. This acquisition allows us to extend JBR’s premium offering to more customers, combining flexibility, certainty, and a highly personalized approach to meet their needs.”
With this partnership, JBR Capital is well-positioned to lead the luxury automotive finance sector, setting new standards in customer service and operational efficiency.