Our Difference

The most dangerous phrase in business: “We’ve always done it this way.”

– Forbes Jan 28, 2019

Bank guarantees are failing Australian businesses, both tenants and landlords. Here are some of the risks

For landlords

Risk of losing tenant - if they are unable or unwilling to provide cash or asset-backed security
Risks of being unable to claim on the guarantee - fraud & tenant injunction against payouts
Risks of insufficient cover - value of guarantee should increase when rent value increases (typically yearly) – though this is often overlooked by landlords. When was the last time you checked whether all your guarantees had sufficient cover in the event of needing to claim?

For tenants

Over $10BN of working capital is needlessly tied up in bank guarantees. Just think what that could do for the economy if it was set free!

A commercial lease security solution from eGuarantee helps tenants & landlords

Tenants

Landlords

Reduce occupancy worries with a solution that provides the same level of security, but doesn’t disadvantage the tenants cash flow situation, potentially weakening their business.
Tenant retention advantage – by offering tenants the opportunity to swap out and access their security funds, strengthens their business situation, so encourages lease renewal and potentially upgrade.
eGuarantee automatically upstamps security value with rent escalation, so you aren’t left exposed
In fact, since the tenant just pays a small percentage of the bond value as an annual fee, you can ask for a higher level of cover!
A digital and encrypted platform means it is easy to track and safe from fraud.
As more and more landlords accept eGuarantee’s lease security solution, are you at risk by not offering?

Here's what businesses have to say

“

At Centuria, we’re delighted to be accepting eGuarantee’s lease bonds, for us this has meant a tangible benefit to our Customers, seamless delivery and ease of preparation. Helping our tenants succeed helps us succeed. The lease bond solution strengthens our Customers’ businesses and so makes them more long-term and more profitable for us too. We’ve found the whole team and the platform to be very easy to work with.

- Mark Jones, General Manager – Centuria, Victoria / Landlord

“

The lease bond was a fundamental element agreed upon by both parties, as it ensured that the landlord's necessary guarantees and tenant’s needs were met during a complex lease transaction. The team at eGuarantee were excellent in working with all stakeholders, enabling the landlord to receive the guarantee over the lease without the tenant having to tie up a significant amount of working capital. As a result, it was a win-win outcome for everyone involved. I recommend eGuarantee for their excellent services.

- Robert Gishen, National Director – Colliers, Office Leasing / Agent

“

We are encouraged to be curious at MinterEllison – in fact it is one of our key values. This curiosity means that we are always looking at ways of creating a better client experience. Our own discovery process convinced us that the eGuarantee platform could provide advantages to our clients – not just for routine leasing but also when transacting real property assets. By working collaboratively with the eGuarantee team and our clients, we've been able to help develop legal drafting solutions to allow landlords and tenants alike get on with the job of leasing up, occupying and transacting commercial premises.

- Adrian Rich, Partner – MinterEllison / Intermediary

“

We used eGuarantee to unlock capital which otherwise would have been tied up in a bank guarantee, allowing us to lease a higher quality office space and negotiate better terms on our lease.

- Charlotte Bungard, Director/COO – Scendar / Tenant

“

Thanks eGuarantee for your support and incredible product. This is a MUST for anyone scaling through physical expansion while maintaining liquidity. For BOWERBIRD Interiors this product has freed up hundreds of thousands in working capital to allow us to continue to drive our business forward.

- Geoff Lewis, Managing Director – BOWERBIRD, Interiors / Tenant

How does an eGuarantee lease bond security solution work?

Tenant completes the application process - credit pre-approvals can be achieved in just 48 hours
If approved, eGuarantee issues the landlord a lease bond, an unconditional, irrevocable and on-demand financial solution that covers them for 100% of the lease value security
Tenant does not require cash or asset-backed security, but instead pays a small percentage of the bond value as an annual fee
Landlords can claim all or part of the lease bond with the click of a button. Claims can be made online, anywhere and at any time within the eGuarantee platform
Once submitted, your claim will be paid to your nominated bank account within 24 hours. No proof of tenant default is required, just a letter of demand

Credibility. Stability.

eGuarantee is the new standard in commercial lease security and is already accepted by Dexus, Investa and over 46 other leading landlords.

The lease security solution is issued by Australia & New Zealand’s largest specialist insurer, Assetinsure (APRA regulated), on behalf of a global collective of AA/A- rated S&P reinsurers.

Our Difference

The most dangerous phrase in business: “We’ve always done it this way.”

Bank guarantees are failing Australian businesses, both tenants and landlords. Here are some of the risks

For landlords

For tenants

A commercial lease security solution from eGuarantee helps tenants & landlords

Tenants

Landlords

Here's what businesses have to say

“

“

“

“

We used eGuarantee to unlock capital which otherwise would have been tied up in a bank guarantee, allowing us to lease a higher quality office space and negotiate better terms on our lease.

“

Thanks eGuarantee for your support and incredible product. This is a MUST for anyone scaling through physical expansion while maintaining liquidity. For BOWERBIRD Interiors this product has freed up hundreds of thousands in working capital to allow us to continue to drive our business forward.

How does an eGuarantee lease bond security solution work?

Credibility. Stability.

Still have some questions?
We understand.

Set up a time to speak with one of our super friendly support team members.

Learn more.

Who we are

In the media

Blog

Our Difference

The most dangerous phrase in business: “We’ve always done it this way.”

Bank guarantees are failing Australian businesses, both tenants and landlords. Here are some of the risks

For landlords

For tenants

A commercial lease security solution from eGuarantee helps tenants & landlords

Tenants

Landlords

Here's what businesses have to say

“

“

“

“

We used eGuarantee to unlock capital which otherwise would have been tied up in a bank guarantee, allowing us to lease a higher quality office space and negotiate better terms on our lease.

“

Thanks eGuarantee for your support and incredible product. This is a MUST for anyone scaling through physical expansion while maintaining liquidity. For BOWERBIRD Interiors this product has freed up hundreds of thousands in working capital to allow us to continue to drive our business forward.

How does an eGuarantee lease bond security solution work?

Credibility. Stability.

Still have some questions? We understand.

Set up a time to speak with one of our super friendly support team members.

Learn more.

Who we are

In the media

Blog

Still have some questions?
We understand.