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In surety bonding, an asset pledged to the surety bond company in exchange for a surety bond or surety bond credit. Common types collateral for surety bonds include an Irrevocable Letter of Credit, Real Estate, Cash and Marketable Securities. More can be read about Surety Bond Collateral here.

Vice President at Axcess Surety
Vice President of Axcess Surety. Surety Bond and financial expert dedicated to helping businesses and individuals understand and obtain surety credit.
Josh Carson
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