Established in 1989, Deposit Power specialises in issuing Deposit Bonds (also known as deposit guarantees) for property purchases across Australia. Their service allows homebuyers to secure a property without paying the full cash deposit upfront, freeing up their capital until settlement. The Deposit Bond is a form of insurance that guarantees the deposit amount to the vendor. The company operates as an agent for North Laine Australia Pty Ltd, with the bonds being underwritten by insurer Assetinsure Pty Limited.

Founded in

Australia