surety bond vs letter of credit

Surety Bonds vs. Letters of Credit: The Ultimate Guide for Insurance Agents

Surety Bonds vs. Letters of Credit: The Ultimate Guide October 22nd, 2020 Federal, state, and local governments require many businesses to obtain a license to ensure that they engage in ethical business practices. To protect the public should the business fail to do so, businesses are often asked to post a form of “financial security” …

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