The lender said the change will help introducers support SMEs with larger funding requirements.
As part of the update, Ultimate Finance has also increased its maximum facility for a single asset from £500,000 to £750,000.
Its maximum balloon offering has risen from £100,000 to £150,000.
The changes follow a strong start to 2026 for Ultimate Finance’s asset finance business, with record new business of £27m in Q1.
The lender said its asset finance loan book has grown by 21% annually, moving above £150m for the first time.
Paul Hansen, asset finance sales director at Ultimate Finance (pictured), 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.”
