Commercial Lease Guarantee Bond
A lease guarantee bond can stand in for a large cash security deposit on a commercial lease, freeing your capital while assuring the landlord the rent gets paid. We place them for growing businesses.
- Bond amount
- Set by the lease
- Authority
- Required by the landlord or lease
The premium is a percentage of the bond amount, set by underwriting. The figures above are the bond amounts, not what you pay.
What it is
A commercial lease guarantee bond guarantees your obligations under a commercial lease, chiefly the rent, up to a set amount. Instead of tying up months of cash in a security deposit, you post a bond. If you default, the landlord can claim on it and you reimburse the surety. It protects the landlord, not you, and keeps your working capital in the business.
Who needs it
- Tenants signing a commercial lease who want to avoid a large cash deposit
- Growing businesses that would rather keep capital working
- Startups a landlord asks to secure the lease
Bond amounts and requirements are general guidance and can change. Confirm the current requirement with the listed agency before you file. We will quote your exact bond.
Tough credit or a prior claim? It's welcome here. See how we place hard-to-place surety bonds, or get a quote and we'll place your exact bond.
Lease Guarantee Bond FAQs
How much does a lease guarantee bond cost?
Will my landlord accept a bond instead of a deposit?
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