Avenue's No Fee Bank Guarantee
No upfront fees, no ongoing fees, apply in minutes, issued within 24 hours.
Industry Recognised
See what good looks like
Fast, fair, fuss-free, and now fee free. No lengthy credit assessments and we can issue your guarantee in 24 hours1.
- $0
- Upfront Fee
- 0%
- Ongoing Fee
- 100%
- Digital Application
- 100%
- Cash Backed
- 24hr
To Issue1
- 12 months
- Minimum Term
What you’ll need before you apply
Details you need
- Your contact details
- Your business details
- Your landlord’s details
- Your proposed lease details
There’s nobody better at bank guarantees
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
Safe and secure bank guarantees
Available for all commercial leases – office, industrial, retail and alternatives
Draft bank guarantees provided on application
Digital or paper bank guarantees available
Deposits secured via government-backed guarantee3
"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
"It's been an easy and effortless experience with Avenue. I rang my bank first and still waiting to hear back."
Lot 4 Joinery
Patrick Catanzariti, Managing Director
"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
"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
"The fast turnaround means that we have been able to sign our lease quickly and go to market easily."
Uncle Bob's Chicken & Stuff
Grant Tighe, Director
One-stop-shop for bank guarantees
Avenue Bank is the first and only Australian bank specialising in bank guarantees, and we’re a bank solely dedicated to helping Australian businesses.
Frequently Asked Questions
Avenue’s bank guarantee is used to secure commercial leases. This means that, rather than paying a bond to the landlord, you provide the landlord with a bank guarantee. Interested in applying? Check what you need to apply
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, like all banks in Australia, Avenue Bank is an Authorised Deposit-taking Institution (ADI) that is regulated by the Australian Prudential Regulation Authority (APRA).
Under the Banking Act 1959, only ADIs are authorised to accept deposits from the public and can offer bank accounts. All banks are covered under the Government’s Financial Claims Scheme (FCS). This means that deposits are protected up to a limit of $250,000 per account holder.
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
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Apply Now →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.