JBR Capital elevates luxury car financing with Shawbrook acquisition

Luxury automotive finance provider, JBR Capital, is set for substantial growth following its acquisition by Shawbrook Group plc on 30^th September 2024.

This strategic move is poised to revolutionise JBR Capital’s operations in the supercar, hypercar, and luxury vehicle sectors, with enhanced access to Shawbrook’s expansive funding and advanced technology resources.

JBR Capital, renowned for its specialist knowledge of high-end vehicle financing, will now offer customers even more substantial loans—raising the maximum loan limit from £750,000 to £2 million. Additionally, loan approval times will be slashed to as little as four hours, reflecting the company’s commitment to speed, precision, and a premium customer experience.

JBR Capital’s Founder and Chief Commercial Officer, Darren Selig, expressed enthusiasm about the acquisition, stating: “The acquisition of JBR Capital by Shawbrook will empower us to take the business to the next level and turbocharge our customer service and product offering.

“With over half a million customers and more than £15bn of customer deposits under management, the Shawbrook Group gives JBR Capital access to the resources required to take the business to the next level and meet our customers’ needs swiftly and more comprehensively than ever before, with single customer exposures up to £2 million and loan approval times as short as four hours.”

The collaboration between JBR Capital and Shawbrook is built on a shared ‘best of both’ approach—blending cutting-edge technology with deep human expertise. This balance allows both companies to deliver a personalised service experience while optimising the speed and accuracy of loan approvals.

Marcelino Castrillo, Chief Executive Officer of Shawbrook, highlighted the alignment of both companies’ goals, commenting: “JBR’s extensive knowledge of this specialist segment within the wider motor finance market is exceptional.

“Aligning the business to Shawbrook’s ‘best of both’ approach, combining technology with deep human expertise, this acquisition will help us to extend the JBR proposition to more customers who value a premium experience, flexibility, and certainty when securing finance for their high-end vehicles.”