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.
- From
- 8.1%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Aged 18 years or older | 8.1% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Contract Variation & Consent Fee | Event | $400.00 |
| Arrears Fees - 2nd and Subsequent Reminder Letter Fee Applies when you fail to make your contracted repayments by the repayment due date. | Event | $20.00 |
| Loan Service Fee - Loan value Greater than $250,000 Charged monthly | Ongoing | $50.00 |
| Loan Service Fee - Loan value between $5,001 - $100,000 Charged monthly | Ongoing | $20.00 |
| Loan Service Fee - Loan value Under $5,000 Charged monthly | Ongoing | $5.00 |
| Establishment Fee - Loan value Under $20,000 Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. | Upfront | $500.00 |
| Establishment Fee - Loan value between $100,001 - $250,000 Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. |
Features
- Real-time payments (NPP)
- An account of this product type can be used to receive funds as a result of a BSB/Number based NPP payment.
- PayID
- An account of this product type can be used as the target of an NPP PayID.
- Digital banking
- Access is available to online banking features for the product.
- Redraw facility
- Redraw of repaid principal above minimum required is available.
- Notifications — Notification via email, SMS or secure message in online banking.
- SMS and/or email notifications available
Eligibility
- 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.
- Minimum age — 18 years
- Residency status — Individuals must be citizens or permanent residents of Australia.
- 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
More Information
Published by The Capricornian under the Consumer Data Right · Last updated 10 May 2026 · Product ID 8a9f159f-8cc5-43a5-a817-6f8124283c77 · View on CDR.gov.au · View Source Data (JSON)