Calculate the costs

It’s important to understand the costs associated with the loan. To make it easier for you, we’ve outlined the payments and fees below. Our calculator will also help you work out the costs for your loan amount.

Payment and Fees

Application fees

Standard application

• $100 application fee payable by credit card upfront.
• $1000 deducted from the settled amount for approved applicants only

Repayments – equal monthly repayments of principal and interest
Early repayment- you have the ability to pay your loan out in full at any time during the loan term without incurring charges.

Things you need to know

These calculations are an estimate only and do not constitute a quote or an offer of finance. They do not take into account fees, charges or other amounts that may be charged to you loan. Monthly interest and monthly principle values shown are an average over the loan term.  Interest is calculated monthly on the outstanding loan balance.  The interest portion of your monthly payments will decrease as the outstanding loan balance decreases over the life of the loan. These calculations are not an approval. Applications are subject to eligibility criteria and credit approval. The Standard Terms apply to all Small Business Export Loans. The full commercial terms will be set out in our loan offer, if an offer is made. This calculator is not intended to be your sole source of information when making a financial decision. Efic recommends that you seek your own independent legal and financial advice when making any decision in relation to a Small Business Export Loan. Efic makes no representation or warranty (express or implied) about the functionality or accuracy of this calculator and accepts no liability arising out of use or access to this calculator including (with limitation) any errors or omissions.