A lease bond is an easier, faster, cheaper and more secure
way for commercial tenants to provide lease security
Hear from some very happy customers
A lease bond is an easier, faster, cheaper and more secure way for commercial tenants to provide lease security
The simplest way to think of it is like an insurance product. Rather than tie up your cash in a bank account, your security requirement is underwritten by a 3rd party (subject to approval).
First of all, lets discuss the similarities. A lease bond provides the same level of security to your landlord as a bank guarantee.
But, a lease bond does not require the debilitating capital requirement, in the form of cash, just sat in a bank account. Lease bond holders are able to hold onto their cash to re-invest back into their business.
Customers who have switched to a lease bond mid-lease have seen their cash balances increase by up to 200%!
Rather than tie up capital in a bank account, tenants pay a small percentage of the bond value as an annual fee for a lease bond.
For bonds below $200k, the fee is 5.5% p.a. Above $200k, the rate is generally lower and is determined by the financial assessment conducted by our underwriters.
An establishment fee also applies and in some cases legal fees may be incurred, depending on the organisational structure and requirements.
We can take care of your lease bond needs in just 3 easy steps.
Use our simple registration process and speak with our team for a confidential discussion
Provide the documentation required, including trading history and financial statements, in a secure online environment
We’ll engage with your landlord and provide the necessary lease security
eGuarantee acknowledges the Traditional Owners of the lands across Australia as the continuing custodians of Country and Culture. We pay our respect to First Nations peoples and their Elders, past and present.
eGuarantee’s lease bond solution is issued by Assetinsure – Australia and New Zealand’s largest provider of surety bonds – as agent on behalf of international A+ S&P rated insurer HDI Global Specialty SE.
