Nobody likes bank guarantees.
But tenants just accept it. Landlords seem to have developed Stockholm Syndrome. Even banks don’t like them, but it has their name on it, so they begrudgingly do it.
$10 billion is being locked out of the economy through bank guarantees for commercial lease security. It’s dead, dead money.
When we wanted to change the status quo, we were locked out too. “You’re not a bank”, “It’s always been done this way”, “You need a big backer”. And the backers said no. Until one tried to get their own bank guarantee, and understood this was a pain-point worth addressing.
We got an S&P A+ rating, built a diverse team of A+ people, and created an A+ tech experience. Then everything changed. People started liking security leases. We liked doing them, businesses liked accessing their cash, landlords liked attracting tenants, and they both love that we’ve brought money back from the dead.
Release yourself from bank guarantees. We guarantee you’ll be better off.
Meet the leadership team
Assetinsure has been delivering a wide variety of innovative insurance solutions to the Australian and New Zealand market since 2004 – including LeaseBonds™, surety bonds and more. The company is authorised by the Australian Prudential Regulation Authority (APRA) to conduct general insurance business and holds an Australian Financial Services Licence (AFSL).
Assetinsure LeaseBonds™ are underwritten by A+ S&P rated insurer HDI Global Specialty SE.
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.
