THE NEW ALTERNATIVE TO THE TRADITIONAL SECURITY DEPOSIT PROCESS.
Deposit Solution offers tenants a credit-based alternative to the traditional cash deposit or letter of credit—for a fraction of the cost.
Deposit Solution benefits to landlords:
Easy deposit negotiation with incoming tenants
An improved marketing tool that attracts top-quality applicants
Deposits backed by a top-rated insurance carrier
Deposit Solution benefits to tenants:
Keep cash flow in your business
Quick application and underwriting process
Full compliance with your rental agreement
EASY ONLINE APPLICATION PROCESS:
1. Complete online application form
2. Submit for approval
3. Sign bon with online signature
4. Make premium payment
5. Bond is issued and deposit is made
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―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. The tenant may now secure a bond to replace the first and last month's rent, as well as the cleaning deposit.
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.
HCC Insurance Holdings, Inc. is rated as follows:
AA (Very Strong)
Standard & Poor’s Corporation
A+ (Superior)
A.M. Best Company, Inc.
AA (Very Strong)
Fitch Ratings
A1 (Good Security)
Moody’s Investors Service, Inc.
WWW.DEPOSITSOLUTION.COM
Company Details
- Founded
- -
- Address
- 19800 Macarthur Blvd.,
- Phone
- (949) 252-4425
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- depositsolution.com
- Keywords
- Surety Bonds, Commercial Real Estate, Financial Service, Insurance, Security Deposit, Commercial Real Estate Security Deposit, Commercial Real Estate Surety Bond.
- HQ
- Irvine, California
Deposit Solution Questions
Deposit Solution's helpline number is (949) 252-4425
Deposit Solution's website is depositsolution.com
Deposit Solution's LinkedIn profile is https://www.linkedin.com/company/deposit-solution
Deposit Solution's industry is
Financial Services
Deposit Solution's top competitors are
N26,
Gorillas,
R&t Deposit Solutions,
Scalable Capital,
Trade Republic,
Raisin,
Flink,
Getyourguide,
Mambu,
Auto1 Group.
Deposit Solution's categories are Financial Services
Deposit Solution's founding year is 2015
