The online short-term commercial lender has seen its business volumes increase since its launch at the start of 2014.
Sharone Perlstein, director of ezbob, said: “We are delighted to be able to make this big step forward.
“In 2014 we successfully launched what is still a revolutionary online process for commercial lending.
“Having now had time to study how our loan book has performed, we now want to build on that experience and offer larger loans with a slightly longer term.”
He added: “The most important aspect of our service, is that advisers do not have to be experts in commercial finance to access our service and provide clients with the funding they require.
“With our maximum loan size now more than doubled, we are sure that more brokers will be looking to access our facility in 2015.”
