Company Information

Get to know Education Loan Finance

Education Loan Finance, commonly known as ELFI, is a division of SouthEast Bank, a Tennessee state-chartered bank (Member FDIC). Launched in 2015, ELFI was created by a team with over 30 years of experience in the student loan industry. The company's mission is to provide borrowers with competitive low rates, transparent terms, and personalized customer service to help them manage their student debt and achieve financial wellness. They offer private student loans for undergraduate, graduate, and parent borrowers, as well as student loan refinancing for existing federal and private loans.

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Education Loan Finance

United States

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.