The CapricornianHome Equity Business Loan
We can assist with sole trader or small business markets. We are keen to take your business to the next level.
At a glance
- Variable
- 8.35%
- Upfront fee
- $500
- Monthly fee
- $5
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.35% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 34th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.35% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 34th lowest of 47 |
Rates
The one rate The Capricornian publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | - | - | 8.35% | - | Aged 18 years or older |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 9 Oct 2026 | Variable, P&I | 8.10% | 8.35% | up 0.25 |
Each change is logged the night it appears in the rates The Capricornian publishes. See how every lender answered the RBA on the rate tracker.
Fees
13 fees published, grouped by when they're charged.
- When you take it outUp to $1,0004 fees, each listed below
- While you hold itUp to $504 fees, each listed below
- When you close it or pay it offNo fee published
When you take it out4
- Establishment Fee - Loan value between $100,001 - $250,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$800 - Establishment Fee - Loan value between $20,000 - $100,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$600 - Establishment Fee - Loan value Greater than $250,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$1,000 - Establishment Fee - Loan value Under $20,000
Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
$500
While you hold it4
- Loan Service Fee - Loan value between $100,001 - $250,000$30 a month
- Loan Service Fee - Loan value between $5,001 - $100,000$20 a month
- Loan Service Fee - Loan value Greater than $250,000$50 a month
- Loan Service Fee - Loan value Under $5,000$5 a month
When particular things happen5
- Arrears Fees - 2nd and Subsequent Reminder Letter Fee
Applies when you fail to make your contracted repayments by the repayment due date.
$20 - Arrears Fees - Default Notice Fee
If you don’t make your payment after a period of time in arrears, you will be issued with a default notice.
$40 - Arrears Fees - Reminder call fee
Applies when you fail to make your contracted repayments by the repayment due date.
$5 - Contract Variation & Consent Fee$400
- Mortgage Discharge Fee
This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply.
$300
Features
Eligibility and 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
Compare it with others
Put this product through a calculator
Published by The Capricornian under the Consumer Data Right, last changed by them on 9 Oct 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.