Bank
Guarantees
Made simple →
Australia's only bank built exclusively for bank guarantees - any industry, any purpose.
Apply online in 5 minutes, no application or establishment fees. Receive your guarantee in 24 hours.
Earn interest on your Term Deposit
Lock in a competitive rate on your Term Deposit security with interest paid to you every 3-months.
Up to
5.25
%
p.a.
See what good looks like
No lengthy credit assessments - we simplify your bank guarantee process so you can get on with business.
- 100%
- Cash backed
- 24hr
To Issue2
- $0
- Application fee
- 2.95% p.a.
- Guarantee fee
- $5k
- Minimum deposit
- 0 month
- No minimum term required
Trusted by
Who we are →
We're an Authorised Deposit-taking Institution (ADI), covered by the Australian Government's Financial Claims Scheme (FCS) so our bank guarantees are identical to those issued by your everyday bank. And because bank guarantees are all we do, we've built the simplest and fastest process in Australia.
What we cover
How it Works
Your Bank Guarantees in 3 simple steps →
Apply online
It only takes minutes, and there's no lengthy credit assessment.
Sign electronically
Download your draft bank guarantee, verify business details and sign electronically.
Deposit funds
We'll issue your bank guarantee once we receive your security deposit.
What You'll Need
- A valid ABN
(or ACN for corporate trustee) - Your details
(Contact, Business and Beneficiary details) - Your bank
guarantee purpose
Australian businesses are moving faster with Avenue
"Avenue makes an outdated & painful experience super slick - and it works for tenants, business owners & landlords."
Nudge Group
Steve Grace, CEO & Founder
"We required two bank guarantees over Christmas shutdown period & Avenue delivered with exceptional speed & support."
Heidi
Sebastian Dalzell, Head of Finance
"Avenue delivered our BG in under a week, not six like our usual bank. The whole process couldn't have been easier. "
Alseasons
Sean Hogan, Director
"The easiest experience I've had. The process exceeded my expectations. Proactive and BG issued in under 3hrs!"
Michele In The World
Giuseppe Costagliola, CEO
"I used to dread getting BGs. Avenue Bank helped me navigate every issue with minimal fuss, timely and with thanks. "
Royal Stacks
Dani Zeini, Founder and Director
"Avenue Bank was fast & highly communicative -secured our lease guarantee when big banks couldn’t. Highly recommend!"
TTB Fitness
Thomas Rowen, Owner
"There is hands down no better way to get a BG. Avenue is a game-changer. Fast, efficient, and refreshingly easy."
Green Pty Ltd.
David Green, Co-founder & Director
"While my bank was still tied up with paperwork, you’d already issued the BG. Fast, seamless, and hassle-free. "
BusinessHub
Adam Hindmarch, Managing Director
"Avenue was incredible to deal with. They made this process extremely easy when I was under a strict deadline."
The Grant Group
Stephen Grant, Founder & Managing Director
"Avenue Bank’s products are refreshing and innovative. It feels like we are in really good hands."
Tank Stream Labs
Bradley Delamare, CEO
Frequently Asked Questions
Yes. Avenue Bank is an APRA ADI (Authorised Deposit-taking Institution), regulated under the Banking Act 1959. We hold a full Australian banking licence, so your guarantee is issued by a licensed Australian bank.
You can verify our status on APRA's register of Authorised Deposit-taking Institutions
Yes. Avenue Bank issues bank guarantees commonly used for commercial leases, including office, retail, industrial and other business premises. They are cash-backed and can be used to meet commercial lease security requirements.
A commercial lease bond is often used to describe security provided to a landlord under a lease. A bank-issued guarantee for leases is more widely accepted by landlords and other beneficiaries, which helps companies move fast and avoid back-and-forth when securing a lease. The security amount is also held as a term deposit that earns interest, so your funds keep working for you while the guarantee is in place.
Your bank guarantee can be issued in as little as 24 hours. Avenue’s bank guarantee application only takes a few minutes to complete. Once we’ve verified your identity and received your security deposit, we’ll issue you with your bank guarantee.
Yes. Avenue Bank can issue guarantees in both paper and digital format, depending on what your landlord, agent, customer or beneficiary requires.
No. There is no application fee and no lengthy credit assessment.
Avenue Bank supports a range of business and commercial guarantee needs, including lease guarantees, performance guarantees, warranty guarantees, tender guarantees and more — for any industry, any purpose.
Yes. Avenue Bank can support commercial lease guarantee requirements across Australia, including common lease security needs in states such as NSW, VIC, QLD and WA, subject to the beneficiary's acceptance.
