Ultimate Finance increases Asset Finance facility limit to £3m

Ultimate Finance has announced a series of enhancements to its Asset Finance proposition, including an increase in its maximum facility size from £2m to £3m, as the lender looks to support introducers and SMEs with larger funding requirements.

The changes form part of a broader expansion of the lender’s Asset Finance offering and follow what the business described as a strong start to 2026, with record new business volumes of £27m in Q1 and annual Asset Finance loan book growth of 21%, taking the portfolio beyond £150m for the first time.

As part of the enhanced proposition, Ultimate Finance has also increased its maximum facility for a single asset from £500k to £750k, alongside raising its maximum balloon offering from £100k to £150k.

The lender said the changes reflect its continued ambition to strengthen its position as a funding partner for introducers and the SMEs they support, while also helping brokers place larger and more complex transactions with greater flexibility.

Paul Hansen, Asset Finance Sales Director at Ultimate Finance, said: “These changes are a significant step forward for our Asset Finance proposition.

“Increasing our maximum facility size to £3m means introducers can bring us larger opportunities with confidence – whether that’s bigger overall funding requirements, higher-value single assets, or added flexibility through larger balloon options.

“Our introducers are central to our growth, and I’d like to thank them for the ongoing trust and support they show us. We’re continuing to shape our proposition to reflect the scale of ambition we see in the market – backed by a team that moves quickly, gives clear answers, and is set up to handle more volume as demand increases.”

Ultimate Finance said the enhancements are designed to give introducers greater flexibility when supporting SMEs seeking funding for higher-value assets or larger overall investment programmes, while also reinforcing the lender’s capacity to handle increased demand as the business continues to grow.