CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Brightstar achieves £1billion of lending
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Brightstar achieves £1billion of lending PDF Print E-mail
Thursday, 26 November 2015

Brightstar has just topped £1billion worth of lending in only four years.  

The loan that took Brightstar over the £1billion mark was a £430,000 bridging loan introduced by Louise Oliver, a broker with Mortgage Advice Bureau, and placed with Precise Mortgages. The bridging loan was raised to purchase a property for the borrowers’ son to live in where speedy access to funds was essential to securing the property. The broker Louise, placed the case with Brightstar as she knew that Brightstar would be able to find a lender to turn the loan around really quickly.

Brightstar achieved it’s half a billion just 15 months ago in July 2014, the fact that they have achieved another half a billion of lending in such a short time period is testament to how quickly the business is growing. Demand for Brightstar’s services are growing to such an extent that it has increased staff numbers by 68% in the past year and just two months ago launched a new division for development finance loans. It also achieved regulation just a month ago in October.

Rob Jupp, CEO of Brightstar said, “Managing £1billion of lending in just four years is a huge achievement and one that everyone in Brightstar should be rightly proud of. I would also like to say thank you to all of the brokers and the lenders that we work with and without whom this wouldn’t have been possible.

Peter Brodnicki, CEO of Mortgage Advice Bureau says, “From a standing start Brightstar has made a significant impact on the specialist lending industry. By listening to what brokers expect from a specialist distributor they have really started to shake up the standards in the market. This first billion will just be the start, I expect Brightstar to continue to go from strength to strength capitalising on the growing market and increasing its market share by delivering an outstanding intermediary service.”

Alan Cleary, managing director at Precise Mortgages says, “added: “Exceeding £1bn of lending is a significant milestone and I am really pleased it was one of our loans which pushed them over the line. Brightstar are a great team and we look forward to helping them pass £2bn of lending in due course.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197