WA tenant lease bonds.
From $100. Keep your cash.

A tenant lease bond lets a Washington commercial tenant guarantee a lease without tying up a large cash security deposit. The landlord can claim on the bond for unpaid rent or other lease breaches, up to the bond amount — and premiums are 2% of the bond amount, $100 minimum, instead of fronting the whole deposit.

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A security-deposit alternative — set by your lease, not by a Washington statute

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Guarantees rent and the obligations in your lease to the landlord, up to the bond amount

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Premiums start from $100 — a quick soft credit check may apply and never affects your score

From $1002% of bond amountSoft pullnever a hard inquiryFastissued after underwriting

Trusted by industry leaders

How it works

Apply to issued in one sitting.

Enter your amount, consent to a soft pull, and deliver the executed bond to your landlord. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount your lease requires, and the effective date. The only added step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly. A quick soft credit check may apply — it never affects your score, and premiums are set at 2% of the bond amount, $100 minimum.

SAME / NEXT DAY

Deliver to your landlord

Submit the executed bond to your landlord in place of the cash security deposit. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the tenant lease bond actually does

A tenant lease bond is a private, contractual guarantee — not a Washington licensing requirement. It is an alternative to a cash security deposit: instead of handing the landlord a large deposit, the tenant posts a surety bond that backs the lease.

It is a three-party arrangement: you (the tenant / principal), the surety carrier, and the landlord (the obligee). If you fail to pay rent, damage the premises, or otherwise breach the lease, the landlord can claim on the bond for the amount needed to remedy the breach, up to the bond penalty.

It is not insurance for you — if the surety pays the landlord, you repay the surety. The advantage is cash flow: premiums start from $100 rather than locking up the full deposit, and the deposit stays in your business. Confirm the amount and exact conditions in your lease before you buy.

Contractual — set by your leaseA tenant lease bond is not required by Washington statute; it is a security-deposit alternative agreed to in a commercial lease. The bond amount and conditions are whatever the lease specifies — typically the security deposit or a stated number of months’ rent. Confirm the required amount and the landlord’s acceptance of a surety bond before purchase.

You need this bond if you are

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A commercial tenant whose landlord accepts a surety bond in place of a cash deposit

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Negotiating a new lease and want to keep working capital instead of fronting a deposit

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A growing business taking larger space where the cash deposit would be significant

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Renewing or relocating and replacing an existing cash deposit with a bond

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and deliver the bond to your landlord.

Start the application →

FAQ

Common questions.

How much is the Washington tenant lease bond?Premiums are 2% of the bond amount, $100 minimum. The bond amount is whatever your lease requires — often the security deposit or a few months’ rent. Enter that figure and your exact price appears at the application.

Is this required by Washington law?No. A tenant lease bond is a contractual security-deposit alternative, not a state mandate. Your landlord and lease set whether a bond is accepted and at what amount — confirm both before you buy.

Is there a credit check?The application collects owner information, including SSN, so a quick soft credit check may apply — never a hard inquiry, and it never affects your score. It confirms eligibility — premiums are a flat 2% of the bond amount, $100 minimum, regardless of credit tier.

What does the landlord get if I default?The landlord can claim on the bond for unpaid rent, damage, or other lease breaches, up to the bond amount. If the surety pays, you repay the surety — it is a guarantee to the landlord, not insurance that protects you.

Why use a bond instead of a cash deposit?Cash flow. A bond costs a fraction of the full deposit — premiums start from $100 — so the deposit stays in your business. The landlord still has recourse up to the bond amount if you breach the lease.

Related bonds

Other Washington bonds.

Keep your deposit working.

From $100. Enter the amount your lease requires and deliver the bond to your landlord.

Start application

Your premiumfrom $100

Apply now →