Deposit Bonds

New-Loan deposit bonds replace the need to use cash, bridging finance or a bank guarantee to fund the 10% deposit required for real estate purchases:

Why use deposit bonds?

• It’s simple and cost effective
• All New-Loan loans are automatically approved for a “short term” bond (6 months or less)
• Bonds allow you to use your spare cash for more rewarding opportunities and not tie up working capital

Benefits

Cost Savings: The funds that would normally have been used as an up front cash deposit can invested for a higher return.
Convenience: If your purchasing your second property you might not have the spare funds for a 10% deposit when exchanging.
Simple: The 10% deposit might be locked up – it can be costly and time consuming to sell shares or break a term deposit.
Auctions: We can issue the bond prior to auction, which means you do not have to worry about organising your deposit in a hurry. The bond can be issued without property particulars so you can attend multiple auctions.

To apply, please fill out the following form:

Contact Us
Phone: 1300 130 816
Fax: 1300 76 06 77
Email: bonds@firstfolio.com.au