In case your landlord has a demand to you under your lease agreement and you can not settle this demand between yourself, your landlord can submit the demand to Bailsman. Bailsman pays out to the landlord the relevant amount under the guarantee, subject to an applicable maximum amount of the guarantee. A request may be submitted by the landlord only once with regard to each guarantee. You will then have to reimburse Bailsman following our notice to you for all monies and expenses related to the guarantee.
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Your cash is not tied up with large security deposits, which are very rarely used.
Statistically, there are less unlawful claims by landlords if the cash is held somewhere else.
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Our fee is lower than most credit institutions would ask for a loan of the same amount.
Bailsman guarantees are provided by registered financial institutions, keeping your mind at peace.