Ultimate Finance increases asset finance facility limit to £3m
Ultimate Finance has announced enhancements to its Asset Finance proposition, including an increase in the maximum facility size to £3m, helping introducers support more SMEs with larger funding needs.
The changes mark an important milestone in Ultimate Finance’s growth journey and reflect its continued ambition to remain the funding partner of choice for introducers and the businesses they support.
What’s changing
Ultimate Finance has increased it’s:
- · Maximum Asset Finance facility from £2m to £3m
- · Maximum facility for a single asset from £500k to £750k
- · Maximum balloon offering from £100k to £150k
The enhancements follow a strong start to 2026 for the lender’s Asset Finance business, with record new business of £27m in Q1, and annual Asset Finance loan book growth of 21% to move over £150m for the first time.
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.”