The Capricornian
Home Equity Business Loan
We can assist with sole trader or small business markets. We are keen to take your business to the next level.
Business loansBank updated 17 July 2026
At a glance
- Variable
- 8.10%
- Upfront fee
- $2,900
- Monthly fee
- $105
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | — | — | 8.10% | — | Aged 18 years or older |
§ 02 — Fees · 13
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Arrears Fees - 2nd and Subsequent Reminder Letter Fee | Event | $20 | — | Applies when you fail to make your contracted repayments by the repayment due date. |
| Arrears Fees - Default Notice Fee | Event | $40 | — | If you don’t make your payment after a period of time in arrears, you will be issued with a default notice. |
| Arrears Fees - Reminder call fee | Event | $5 | — | Applies when you fail to make your contracted repayments by the repayment due date. |
| Contract Variation & Consent Fee | Event | $400 | — | — |
| Mortgage Discharge Fee | Event | $300 | — | This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply. |
| Loan Service Fee - Loan value between $100,001 - $250,000 | Periodic | $30 | Every 1 mo | — |
| Loan Service Fee - Loan value between $5,001 - $100,000 | Periodic | $20 | Every 1 mo | — |
| Loan Service Fee - Loan value Greater than $250,000 | Periodic | $50 | Every 1 mo | — |
| Loan Service Fee - Loan value Under $5,000 | Periodic | $5 | Every 1 mo | — |
| Establishment Fee - Loan value between $100,001 - $250,000 | Upfront | $800 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Loan value between $20,000 - $100,000 | Upfront | $600 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Loan value Greater than $250,000 | Upfront | $1,000 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
| Establishment Fee - Loan value Under $20,000 | Upfront | $500 | — | Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
§ 03 — Features
RedrawInstant paymentsPayIDDigital banking
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · Security : Business loans will require security in the form of residential property or Term Deposit. A guarantee will also be required by company directors for corporate borrowers.
- · You will need to become a member of the Credit Union before The Capricornian can accept a loan application.
- · Credit history - all borrowers, owners, directors and guarantors must have clear credit records. All statutory payments and ATO liabilities need to be up to date and not under arrangement
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by The Capricornian under the Consumer Data Right, last changed by them on 17 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.