Nearly all of Australia and New Zealand’s commercial properties are secured by bank guarantees. However, eGuarantee is set to change that. The brainchild of Shaun Sergay and Cedric Fuchs, co-founder of Charter Hall (today a property company with over A$55 billion in assets under management), eGuarantee digitises bank guarantees and distributes non-collateral lease bonds for commercial property leases, providing landlords with a single online registry and reducing administration hassle.