Commercial finance · Method · Exploratory
How the revolving credit cost explorer works
An exploratory constant-draw model. Active product availability has not been confirmed.
Availability of this type of funding through Ocean Capital Exchange is unconfirmed and subject to discussion.
What you enter
- Assumed credit limit
- For illustration, not an offered or approved limit.
- Amount drawn
- From zero to the credit limit; assumed constant throughout the term.
- Duration in days
- Whole days, 1–3,650; annual simple charges use days / 365.
- Annual interest on amount drawn
- Enter your assumption, from 0% to 100%; not an APR.
- Annual facility fee on full limit
- Enter zero explicitly if your assumed fee is zero.
- Annual charge on unused facility
- Enter zero explicitly if no unused charge is assumed.
- Fixed additional fees
- One-off charges for this scenario; enter zero if none is assumed.
Method and assumptions
Interest = drawn amount × annual interest × days / 365. Facility charge = full limit × annual facility percentage × days / 365.
Unused charge = (limit − draw) × annual unused percentage × days / 365. Fixed fees are added once. A zero draw can still have facility and unused charges.
The limit and draw stay constant. Compound interest, re-draws, repayment changes and cancellation or minimum fees are not modelled. Confirm actual product availability and lender terms before relying on this structure.
Status of these figures
Illustrative only, not a binding finance offer. Costs vary by lender and applicant; additional fees may apply and eligibility is subject to assessment. Ocean Capital Exchange is an introducer, not the lender. Product-specific regulatory disclosures require review before production. This is an exploratory model, not confirmation of an available revolving-credit product or offered limit.
Not every commercial finance product is regulated, and regulatory treatment varies by product, provider and borrower. Ocean Capital Exchange introduces businesses to third-party providers and is not a lender. These disclosures are awaiting owner and regulatory review before production.
Questions about this calculator
Can an undrawn revolving facility still cost money?
Yes. Full-limit facility fees and unused-limit charges can apply even when the drawn amount is zero. Enter the charges from your actual terms or assumptions.
Does this explorer confirm an available revolving-credit facility?
No. Product availability and any offered limit must be confirmed separately; the calculation is not an approval or a provider quotation.
Independent background reading
These independent sources explain general concepts. They do not endorse Ocean Capital Exchange or confirm our providers, product availability or terms. Your provider’s agreement takes precedence over an illustration.