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  1. Mother Bond
    Mother Bond is offline Senior Member
    Join Date
    Oct 2007
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    171

    Cash Collateral vs. ILOC

    Which is a better form of collateral - cash or ILOC?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Commercial Bonds

    Quote Originally Posted by Mother Bond
    Which is a better form of collateral - cash or ILOC?
    Well, first of all, it depends upon what Surety will accept. In some cases, they will only accept cash collateral. Assuming that Surety will accept either, it's really up to you. With an ILOC you don't necessarily have to put up the cash to get the ILOC, but with cash collateral you do. It's whatever works best for you - assuming the Surety will accept it.
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