At Deposit Power we are well versed in assisting Companies and Trusts with their property purchase needs using a Deposit Guarantee. Beyond some additional documents we require to confirm authority of Directors or Trustees, the process, cost and requirements are almost identical to those enjoyed an individual.
To obtain a Deposit Guarantee for a Company, each director will need to complete a Guarantee & Indemnity form in order to agree to our terms and conditions and a Company Search will also need to be obtained. Similarly, if a company as trustee for a Trust, or an individual(s) as trustee for a Trust is applying for a Deposit Guarantee, all trustees (or directors of the trustee company) will need to complete a Guarantee & Indemnity Form and the original Trust Deed will need to be reviewed by Deposit Power or one of our Accredited Agents (certified copies will also suffice).
MAILING ADDRESS: GPO Box 2586 Sydney, NSW 2001. TRADING ADDRESS: Level 6, 309 George Street, Sydney, NSW 2000 Deposit Power is the registered Trademark of DP Bonds Pty Ltd.