Tenants

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 A+ 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. Pre-approvals occur in 48 hours when we have all application requirements.

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.

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.

Lease Bonds might sound unfamiliar, but they’re just a type of surety bond – a staple in the financial world. They’re hugely popular in the US, but down here in Australia and New Zealand, they’re still the new kid on the block.

At eGuarantee, we’re bringing Lease Bonds into the spotlight. Our bonds are tailor-made to guarantee commercial lease security. Backed by an S&P A+ rated global insurer, they ensure landlords get their security amount if a tenant breaches their lease obligations.

Here’s the game-changer: because Lease Bonds tap into insurance markets, tenants don’t need to lock up their cash. Instead, they pay a simple annual fee for the guarantee.

We’re currently offering Lease Bonds starting from $20,000 – keeping it smooth, secure, and seriously smart for businesses.

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.

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.

Yes, eGuarantee is already used by many of the biggest names in the commercial property sector and is accepted by over 50 leading landlords in Australia and New Zealand. Click here to see who we work with.

Absolutely—subject to your landlord’s approval.

Tenants can transition to eGuarantee at any point, even mid-lease, giving them the flexibility to free up cash collateral or banking lines whenever they need.

A financial assessment forms part of the application process. Generally, businesses need to:

• Have been trading for 12+ months
• Provide company financials
• No ATO arrangements or payment plans

Other credit criteria may apply.

Applications are quick and fully online through our tech platform. Simply create an account here to get started.

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.