eGuarantee

About

eGuarantee provides a digital Lease Bond platform that replaces traditional bank guarantees for commercial property leases.

Mission

eGuarantee is a Sydney-based proptech company that offers landlords and tenants a digital alternative to traditional bank guarantees through its Lease Bond platform. The service frees up tenants’ working capital by eliminating the need to lock away up to 12 months’ rent in a bank guarantee, while simultaneously reducing risk for landlords. Platform adoption has accelerated, with the total value of bonds facilitated climbing from $8 million to more than $100 million in under four years and bond issuance growing 338% over the last 12 months. Management plans to scale operations rapidly, deepen national coverage, and step up landlord acquisition and distribution. The company also intends to expand into New Zealand and is targeting capture of over 5% of Australia’s $10 billion commercial lease security market within 18 months. Recent funding has strengthened its balance sheet to support these growth objectives.

Quick Facts