Specialist distributor Brightstar has facilitated over £1bn of lending since it launched four years ago.
The firm achieved the £500m mark 15 months ago.
Brightstar chief executive Rob Jupp says: “Managing £1bn 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.”
Mortgage Advice Bureau chief executive Peter Brodnicki 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.”