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Tenancy Bond Insurance
Tenant Qualification Requirements
Existing Businesses
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Businesses: Have been in business for three years or more.
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Need to supply: The last three years Tax Returns and Balance Sheets.
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Profitability: The last two years trading must be in a Net Profit after tax.
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Assets: The current company Balance Sheet must be strong with good net tangible asset position.
Start-up Businesses
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Experienced management team
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Considerable shareholders
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Strong three year growth forecast
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An excellent business plan in execution phase
Businesses Encouraged To Apply
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Robust business with stable revenues
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Blue chip tenants
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Start-ups with strong revenue forecasts
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Businesses Who May Not Be Considered Right Now
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Highly indebted companies
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Businesses with an ATO tax debt arrangement
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Contracting operations
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Heavily COVID-19 impacted
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