Only bank guarantees, only for business
Avenue is the only Australian bank that specialises in bank guarantees.
See what good looks like
No lengthy credit assessments so we can issue your guarantee in 24 hours1. Now you can get the place you need, and get on with what you do best.
- 100%
- Digital Application
- 100%
- Cash backed
- 24hr
To Issue1
- $0
- Upfront Fees
- 3.50% p.a.
Interest Paid2
- 3.00% p.a.
- Guarantee fee
- $5k
- Minimum Deposit
- 12 months
- Minimum Term
Avenue gets you there faster
- Easy online application in minutes
- Instant pre-approval
- Your bank guarantee issued in as little as 24hrs1
- No need for a director guarantee or your property as security
More Avenues to save
- Earn 3.50% p.a. interest on your security deposit2
- No establishment fees for a limited time
- We charge a 3.00% p.a. guarantee fee (charged monthly in arrears)
- Deposits secured via government-backed guarantee3
We guarantee it'll be good
Apply
It only takes minutes, and there’s no lengthy credit assessment.
Sign
Download your draft bank guarantee, verify details about your business and your key people, and sign electronically.
Deposit
We’ll issue your bank guarantee once we receive your security deposit.
What you’ll need before you apply
Details you need
- Your contact details
- Your business details
- Your landlord’s details
- Your proposed lease details
"Avenue Bank’s products are refreshing and innovative. It feels like we are in really good hands."
Tank Stream Labs
Bradley Delamare, CEO
"A positive experience. Compared to our previous bank, we noticed a significant improvement in service quality."
Rich Data Co
Victor Cheung, Head of CEO Office
"Getting a bank guarantee with Avenue was so easy. I’ll never go anywhere else."
City Laser Clinic
Ellen Alexander, Founder/Owner/Director
"Great service, personal and very easy to deal with. Avenue are the experts."
Edge Fit Gym
Peter Jabour, Director
"Loved the process of getting the bank guarantee. The complete opposite from our current bank."
Rocket Labs
Julien Lamy, Founder & CEO
"Really impressed with you guys. Your level and speed of service is really fantastic."
Sircel
Tony Baddour, Chief Financial Officer
"Experience has been terrific. Great service. Great experience"
Authentic Church
Tarun Stevenson, Lead Pastor
"Really smooth process. I really enjoyed dealing with your team. I couldn't believe how quick the turnaround was."
Nuage
Dennie Farmer, Co-Founder
"Avenue were very easy to deal with. You guys were really good."
Epic Air
Nahla Boyagi, Administrative Assistant
"We needed a bank guarantee in a hurry, Avenue was extremely efficient, fast & always picked up the phone."
AFER Logistics
Adrian Ferreira, Director
"Loved the website and the speed. My bank quoted at least 5 days. Plan to use again in the future."
ThreatDefence
Zlatko Hristov, CEO
"Communication was really good, very prompt and very accomodating."
Tesoro Financial
Bianca Punch, Director
"The process was really smooth and customer service was really responsive. I would recommend Avenue Bank to others."
RC Direct Import
Bong Chun Choi, Company Secretary
"It was easy and straightforward. A breath of fresh air, as opposed to trying to do it with a traditional bank."
BAW Auto Store
Kate Westbrook, Chief Executive Officer
"It was one of the easiest processes. Every time I needed help you called me straight away. I was very satisfied."
Fine Automotive Detailing
Ali Haque, Director
"You guys were great and fast. It was too hard with other banks as they charged application fees and took too long."
Sun Liquor
Charlie Kwok, Director
"The process was easy and flawless. We needed it and it got done fast."
Triton Plumbing and Gas
Danielle Pudovkin, Director
"The process was very quick, the follow-up was extremely thorough and the communication was really good."
Dokotela
Anita Mustac, Chief Executive Officer and Founder
"Your customer service was very high level, reliable, and quick to attend to all service calls. I'm very satisfied."
The Running Company
Samuel Tebeck, Director
Frequently Asked Questions
Yes, Avenue’s bank guarantee is 100% cash secured. This means that if you need a $100,000 bank guarantee, you’ll need to deposit $100,000 into a term deposit with us as security.
Yes, provided we receive clear instructions from the landlord and the tenant, a bank guarantee can be cancelled or modified.
The funds are held in an Avenue term deposit account and earns interest. They are used as security for the life of the bank guarantee.
A few things need to be completed.
Apply – You’ll need to submit an application form and verify your identity with us. Depending on your circumstances we may need some additional details. We’ll be in touch if anything comes up.
Sign – Once we’ve approved your application, we’ll send out your contract package for you to review and sign.
Deposit – You’ll then need to send us your security deposit. Once this is in place, we’ll issue your bank guarantee straight away
Any questions?
We’re happy to help. Call us on 1300 283 265Mon to Fri | 9am to 5pm (AEST/AEDT)
Contact Us →Terms and conditions apply.
- 1 Subject to us receiving everything we need to issue your bank guarantee.
- 2 Interest rates are subject to change.
- 3 Deposits up to a limit of $250,000 per account holder are protected by the Australian Government’s Financial Claims Scheme.
All applications are subject to eligibility and assessment.
Avenue Bank Ltd ABN 24 628 073 085, AFSL 520239, is authorised by the Australian Prudential Regulation Authority (APRA) to operate an Authorised Deposit-taking Institution. This information is of a general nature only and does not take into account your objectives, financial situation or needs. You should seek independent financial advice and read the relevant terms and conditions and relevant product documents prior to making a decision.
Avenue Bank acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.