Submit your application now or call us at (949) 252-4425
Deposit Solution offers an exciting, new, and innovative product that will replace the need for cash or letters of credit as security for leases. Landlords will benefit by using this method to attract tenants and simplify lease negotiations and tenants will benefit by not tying up working capital.
While the concept of replacing a cash requirement with a surety bond is not new, never before has this been made available to property owners and commercial tenants. A tenant may now secure a bond to guarantee their performance according to the terms of a signed lease agreement, such as rent default and cleaning deposits.
Our bonds are underwritten by HCC Insurance Holdings, Inc., a leading specialty insurer with offices across the world which transact business in approximately 180 countries, and underwrite more than 100 classes of specialty insurance. Tenants and landlords alike can rely on Deposit Solution bonds to get their leases wrapped up easily, with both interests protected.