Save 80% on your Letter of Credit Costs
The LCX brings all the safety and security of a traditional letter of credit...without the costs or hassles.
Trust and Safety
Landlord Approved
We built the LCX with the commercial landlords in mind in conjunction with. Every LCX is fully remote, bankruptcy-exempt, UCC secured, and meets or exceeds all traditional letter of credit standards.
Every LCX account is FDIC-insured with Veritex Bank, meeting the highest landlord standards as a KRBA BBB+ rated institution with over $11B in deposits
Apply in Minutes
Satisfy your Lease Security 5X Faster
Apply in minutes, get set up in under 72 hours, and meet your lease security needs faster.
Easy Setup
Open your LCX account with Veritex Bank in just a few simple steps.
Secure Process
Your Data is protected every step of the way
Estimate your Savings
See how much you'll save with an LCX
Opening an Account
Here is what you will need to open an account with Veritex Bank.
Issuance and Execution
Sign your docs, upload your executed lease and we will send your lease security agreement to your Landlord. It's that simple.
Landlord? See why our program is the best lease security solution in market.
Our account covers 100% of the requirements of a traditional letter of credit and is fully-insured and 100% cash-secured...we're just 80% less in cost and 500% faster.
Trusted by top companies worldwide for their financial needs
