Issue a Vendor Bond

Financing the sale of your Business can make it more attractive.
Set up a debtor’s ledger and receive monthly instalments.

Be your own Bank! Make what you are selling more affordable to more buyers. Issue a Vendor Bond for financing the sale & purchase of a business, or for financing other goods or services.

Once in receipt of your completed order (below), we will immediately provide the nominated Vendor with a Terms Sheet for completion and return by way of acceptance of the terms, amendment or otherwise.

An Order/Processing Fee of $247.50 (Inc. GST) will become due & payable only if and when agreement to the terms of the loan has been reached by all parties to the transaction.

Issue a Vendor Bond

Applicant's full name *This form will usually be completed by the borrower - the buyer, but may also be completed by the Vendor. Applicant can be an Individual or a Company. If an individual, please include middle names (if any).
Driver's Licence No. *
ABN or ACN *If the Applicant is a Company, please include your Australian Company Number. If a sole trader, your ABN.
Address *
Please provide your physical address - no P O Box addresses allowed.Street AddressApt, Suite, Bldg. (optional)CityState / Province / RegionPostal / Zip CodeCountry
Phone *
Email *
Vendor's Name *Name of seller (the Vendor).
Phone *
Email *
Description of property, business, goods or services *Describe the property, business, goods or services being purchased, e.g. Boat, Machinery, a Franchise, a Business, Consulting Services, etc.
Price of property, business, goods or services *Insert total price of goods, services or real estate being sold/purchased.
Will there be a deposit payable? *Insert amount of deposit (if any). If no, write 'NIL'.
Total amount of loan required *Insert total amount of Vendor loan required - minus any deposit payable.
Credit Reference *The Applicant (borrower), by submitting this application, hereby agrees to a Credit Reference being obtained from an authorised Credit Agency.
Terms & Conditions *
Austpac Ventures does not assume any responsibility for any consequence of using this service. The Bond issuer has sole responsibility for issuing any Bond prepared by using this service. Issuing a Vendor Bond requires knowledge of both state and federal laws and therefore any party should seek legal advice from a licensed solicitor or attorney in the relevant jurisdictions. Austpac Ventures expressly disclaim any and all liability with respect to the issue or sale of any securities issued. The information contained herein has been provided for the user's convenience without any representation or warranty of accuracy or completeness in regard to the Bonds created. Austpac Ventures shall not have any liability in contract, tort or otherwise to any other person or company in respect of any loss or damage (including without limitation direct or consequential loss, financial loss, or loss of other contract) arising out of any inaccuracy or error in or omission from any part of the information generated by Austpac Ventures. This information should not be regarded as rendering detailed consideration of relevant legislation, Company Law, etc. unnecessary. Austpac Ventures is not engaged in the provision of legal services or taxation advice and any information is given on the basis that if such advice is required, the services of a competent professional person should be sought. Under no circumstances shall Austpac Ventures have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from or relating to any error made while using this service. The applicant acknowledges having read and understood the above User Terms & Conditions.I agree
What happens next Following receipt of your application the following will occur: 1. Austpac Ventures admin will forward a Terms Sheet for completion first by the Vendor and then on to you for your signature in agreement. 2. Once we are in receipt of the completed & ratified terms sheet we then prepare the Vendor Bond & forward it BY REGISTERED MAIL to you, the Maker (the borrower), for signing and witnessing. 3. Next you, or we, will deliver the Vendor Bond to the Lender. 4. Both parties are provided with a copy of the loan repayment schedule. 5. Registration of the Vendor Bond. Austpac Ventures maintain a register of all Vendor Bonds issued in case a Vendor Bond is lost or stolen.
Insert Referrer's Name (if applicable) Note: Referrer cannot be the applicant.
Privacy Statement VendorBonds.com is committed to protecting the privacy of all individuals and organisations to which we provide business services. In order to ensure that we are consistent in this approach, VendorBonds.com has adopted a Privacy Policy to comply with the National Privacy Principles contained within the Privacy Amendment (Private Sector) Act.

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Next Steps:

1. Once the Vendor Bond Application has been completed and returned, a Terms Sheet will be prepared & forwarded to the parties to the Loan. The Terms Sheet sets out the terms and conditions of the Loan and what security will be provided (if any).

2. Once both parties have signed off on the Terms Sheet, Austpac Ventures administration will prepare the Vendor Bond, which is then sent by registered post to the Borrower to be signed and witnessed. The Lender (Payee) receives & holds the signed and witnessed original and the Borrower keeps a copy. The parties will each receive a copy of the loan repayment schedule.

3. Austpac Ventures keep a register of each Vendor Bond issued in the event it becomes destroyed, lost or stolen.

Allow 3 to 5 days after submitting your application for the Vendor Bond to issue.

Issue a Vendor Bond

Issue a Vendor Bond

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