Simple, Transparent Pricing

We’ve simplified the cost of borrowing so you’ll have

just two rates … draw down and interest.

How much will Symplefy cost?

Adjust the sliders to find out.

Invoice Amount (in USD)

$10,000 $100,000
30 days120 days
Draw down fee:
Interest:
This calculator assumes an interest rate of 12.0% and a draw down fee of 1%. The figures generated by this calculator are intended as a guide only, based on information that you provide. Your rates will be determined according to our analysis of your risk profile and may be different.
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Frequently Asked Questions

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How is interest calculated?

Interest is calculated daily on your outstanding balance and applied to your loan balance at the end of each calendar month.

How do I pay my interest and fees?

Interest and fees are added to your balance. Your customer payments will simply pay off your balance meaning you do not need to manually pay any fees.

How do repayments work?

Payments from your selected invoices will be directed into your Symplefy payment account, which we will set up in the name of your business. These payments pay down any existing balance. You may also make additional payments directly to reduce interest charges. If you have no loan balance with Symplefy, any customer payments are automatically sent back to your business bank account.

How is my credit limit calculated?

Your credit limit is determined by the total value of your eligible outstanding invoices, as well as the level of funding required.

What is the difference between facility limit and available balance?

Your facility limit is the maximum amount you can borrow. If you have reached your facility limit, you must wait until your customers have paid some invoices (and therefore repaid your loan balance) before you can draw down on funds again.

Your available balance is the amount you can access at any one time. This will never be higher than your facility limit and is determined by the value of current outstanding invoices, as well as the funds already owing.

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Click the Apply Now to start the application.

Questions? Please Contact Us!

Have a chat with our team to see how we can help your business grow.