Asset Equity Business Loan
Non-Residentially Secured Loan. Interest Rates available on application.
Fees
| Fee | Type | Amount |
|---|---|---|
| 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 $20,000 - $100,000 Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. | Upfront | $600.00 |
| Establishment Fee - Loan value Greater than $250,000 Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. | Upfront | $1,000.00 |
| Establishment Fee - Loan value between $100,001 - $250,000 Excludes solicitors costs in mortgage and security preparation, valuation/s and settlement fees. | Upfront | $800.00 |
| Mortgage Discharge Fee This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply. | Event | $300.00 |
| Contract Variation & Consent Fee | Event | $400.00 |
Features
- PayID
- An account of this product type can be used as the target of an NPP PayID.
- 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.
- 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
- 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.
- 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 corporate borrowers.
- 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 11 March 2026 · Product ID b75abb12-5998-48fd-8358-8416d264e2a9 · View on CDR.gov.au · View Source Data (JSON)