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

Attorney Approved

Every LCX account is FDIC-insured and backed by Veritex Bank, meeting the highest landlord standards as a KRBA BBB+ rated institution with over $14B in deposits.

The LCX is a letter of credit specifically designed for commercial leases, attorney and landlord approved to meet tenant requirements.

Learn More about Veritex Bank

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

How it Works

Estimate your Savings

See how much you'll save with an LCX

Start Saving

Opening an Account

Here is what you will need to open an account with Veritex Bank.

Requirements

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.

See a Sample Agreement

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.

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