The Finance Algorithm
The Capricornian

Asset Equity Business Loan

Non-Residentially Secured Loan. Interest Rates available on application.

Business loansBank updated 17 July 2026
At a glance
Pricing
Rates on application
Upfront fee
$2,900
Monthly fee
$105
§ 02 — Fees · 13
FeeTypeAmountWhenNotes
Arrears Fees - 2nd and Subsequent Reminder Letter FeeEvent$20Applies when you fail to make your contracted repayments by the repayment due date.
Arrears Fees - Default Notice FeeEvent$40If 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 feeEvent$5Applies when you fail to make your contracted repayments by the repayment due date.
Contract Variation & Consent FeeEvent$400
Mortgage Discharge FeeEvent$300This 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 - $250,000Periodic$30Every 1 mo
Loan Service Fee - Loan value between $5,001 - $100,000Periodic$20Every 1 mo
Loan Service Fee - Loan value Greater than $250,000Periodic$50Every 1 mo
Loan Service Fee - Loan value Under $5,000Periodic$5Every 1 mo
Establishment Fee - Loan value between $100,001 - $250,000Upfront$800Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
Establishment Fee - Loan value between $20,000 - $100,000Upfront$600Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
Establishment Fee - Loan value Greater than $250,000Upfront$1,000Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees.
Establishment Fee - Loan value Under $20,000Upfront$500Excludes 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.
  • · You will need to become a member of the Credit Union before The Capricornian can accept a loan application.
  • · Security : Business loans would require security in the form of residential property, commercial property, or other types of security. A guarantee will also be required by company directors for corpo…
  • · 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

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.