Education Loan Finance

Education Loan Finance also known as ELFI, is an American financial services based in Knoxville, Tennessee. Education Loan Finance is a division of SouthEast Bank, which was established to refinance and consolidate student loan debt. In 2018, ELFI received AAA Ratings on Inaugural Securitization Deal from Standard & Poor's.

Services
Education Loan Finance was launched in 2015 by SouthEast Bank. SouthEast Bank’s parent company Educational Services of America, Inc. has awarded $18 million for scholarships and provide financial literacy to borrowers since its inception. In 2016, the company introduced a state-of-the-art loan application system, designed for borrowers to consolidate outstanding education loans into one single loan.

Notably, There are no application fees, origination fees or prepayment penalties when refinancing student loan with Education Loan Finance.

Recognition

 * AAA rating from Standard & Poor’s, 2018
 * AAA rating from DBRS, 2018
 * Named one of The 8 Best Student Loan Consolidation Lenders