Deposit Bond Australia

By A Mystery Man Writer

DBA has operated as a financial product & services provider to purchasers & vendors of residential or commercial property since it started business on 17 February 1990. Originally DBA’s business centred around structuring commercial & construction finance packages for professional investors or developers. In 1995 DBA established & administered Century 21’s Customer Finance program until 1998. DBA’s focus since 1998 has been as a developer & authorised Issuer of financial guarantee products, namely Deposit Bonds. Most recently DBA has worked with QBE to extend the acceptable use of Deposit Bonds to accommodate Corporate Entities buying Commercial & Residential (Standard & Non-standard) property. As an authorised Deposit Bond Issuer since March 1998 DBA has assessed, approved & issued over 15,000 guarantees to purchasers of residential or commercial property with over 99% settling without incident. QBE Deposit Bonds issued by DBA are accepted Australia wide by all major financial institutions and property groups. The Underwriter of these deposit bonds QBE Insurance (Australia) Limited has a current “S&P” Rating of A+ (Stable)