Frequently Asked Questions

A Lease Bond is the modern alternative to a traditional bank guarantee — designed specifically to secure commercial leases.

Instead of locking away your business’s cash in a traditional bank guarantee, a Lease Bond allows you to keep that capital working in your business. You simply pay an annual fee, and the bond provides your landlord with the same level of protection.

Backed by a global insurer with an S&P AA- rating (equal to Australia’s big four banks), Lease Bonds give landlords peace of mind while giving tenants greater flexibility, efficiency, and control over their cash flow.

At eGuarantee, we offer Lease Bonds from $20,000 and up, making lease security easier, fairer, and smarter for Australian and New Zealand businesses.

Simply put – we’ve removed the bank from bank guarantees with Lease Bonds.

Lease Bonds provide the same sort of financial guarantee – but aligned with our modern day-to-day way of working.

• Lease Bonds are 100% digital, therefore no paper-based documentation, no branch visits, no queues.
• It’s backed by an S&P AA- rated global insurance entity – and therefore no cash collateral required.
• Plus it’s specifically design for commercial lease security to work with the lease agreement  – so it’s more secure, and customisable.

As there is no cash required – in order to be eligible for a Lease Bond – business owners will need to go through a financial assessment and be approved. Credit assessments typically take 1 – 3 business days.

Once approved – the Lease Bond is issued to the landlord, as a bank guarantee would, and the business tenant would pay an annual fee for the issuance.

eGuarantee’s Lease Bond solution delivers the same rock-solid security as a bank guarantee, but with a modern twist & catered for the commercial property market. Powered by digital processes, encryption, and cutting-edge technology, we eliminate the risks of old-school paper documents—no human errors, no fraud, no misplaced paperwork.

We are backed by an S&P AA- rated entity which is on par with any big 4 bank in Australia.

Our Lease Bonds are as reliable as they come, paying 100% of claims unconditionally and irrevocable, , all while giving you 24/7 online management – on-demand.

Plus, we go one step further: our Lease Bonds can automatically adjust with annual rent reviews. Bank guarantees can’t do that, making our solution the smarter, more secure choice for your commercial lease needs.

Lease Bonds function similarly to an unsecured line of credit.

If a claim is made, we pay the landlord (beneficiary) up to the bond limit, and the tenant reimburses us.

To secure the Lease Bond, we typically take corporate indemnities, and in some cases, shareholder guarantees. These are straightforward, limited forms of security—we don’t take ownership rights over tangible assets like property or equipment. It’s a streamlined, asset-light solution built for flexibility and ease.

Applications are 100% digitally managed on our encrypted platform.  Simply create an account here to get started.

We currently only offer Lease Bonds for commercial leases to commercial tenants in Australia and New Zealand. So you’ll need:

• To be a business with a lease in Australia and New Zealand.
• Your Lease Bond value needs to be $20,000 or above
• You’ll need to have your business’s most up-to-date financials
• A Lease agreement

For the initial assessment, the following documents are required:

• Latest accountant-prepared annual financial statements – finalised and signed by management
• Year-to-date management accounts (P&L and Balance Sheet pulled from accounting platform)
• Schedule of banking and non-banking financing facilities (including any overdraft facility, trade advances, business credit card, chattel mortgage)
• Group and shareholding structure
•  Draft or signed Head of Agreement / Lease Agreement, if available.

Sometimes, after the initial assessment, other documentation is required such as Trust deeds, Asset & Liability statements etc. Our team will give you a heads up if that’s required for application.

Once approved, tenants pay an annual fee for a Lease Bond to be issued. For bonds below $200k in security value, the annual fee is 5.5% p.a (so for a $200,000 bond, the fee is $11,000 per annum). Above $200k, the rate drops, and is determined at the financial assessment.

A once off establishment fee of also applies and, in some cases, legal fees may be incurred, depending on the organisational structure and requirements.

You will receive the full payment schedule ahead of issuance, before you decide to commit. There is no cost to apply.

Yes, eGuarantee is already used by many of the biggest names in the commercial property sector and is accepted by over 80 leading landlords in Australia and New Zealand. We work with the likes of Dexus, Frasers Property, Centuria, Vicinity, Brookfield and many more. Please refer to our landlord page to see some of the companies we work with.

Yes definitely! We can offer you a Lease Bond Solution for new leases, leases mid-term and also renewals. We will need to work with your landlord to process it.

If your landlord makes a claim on the Lease Bond, they’ll receive payment within 24 hours from us.

You’ll be notified immediately, and our financial services partner, Assetinsure, will reach out to arrange repayment from you for the amount paid to your landlord (up to the value of the bond).

If you believe the claim was made in error, it’s essential to raise the issue directly with your landlord for clarification.

No – if you’re a landlord, there’s no cost to use the eGuarantee platform.

Only tenants are charged for the use of an eGuarantee Lease Bond solution (through an annual fee).

If the tenant is successfully issued with a lease bond, we will send you a Visa digital e-card with a value proportionate to the value of the lease issued.