Financial Institutions Guarantees

Newcastle Permanent offers Financial Institutions Guarantees for members, which is a formal financial obligation to another party.

The main benefit is that rather than providing cash for a deposit or bond, you can use a Newcastle Permanent guarantee. You are then able to hold onto your cash for other purposes.

We offer the guarantees for a number of purposes including:

Deposit bonds on property purchases.
Rental bonds for commercial property leases.
Council bonds.
Electricity/Water/Conservation bonds.

Guarantee facilities must be fully secured by:

Residential property;
Commercial property; or
Cash in the form of a fixed term deposit.

For more information on Financial Institutions Guarantees and the application process, visit any of our branches or call 13 19 87 to talk to our Business Solutions team.