What are my non-cash deposit options?

Non-domestic customers have three alternatives to paying a cash security deposit:

  1. Surety Bond - A surety bond is a form of security where the bonding insurance company guarantees to cover the default or debt of another.
  2. Irrevocable Letter of Credit - This agreement with a financial institution ensures security if the customer defaults.
  3. Certificate of Deposit (CD) - A CD is a financial product where you deposit a sum for a fixed term.

Please contact us for further details at 1-800-655-4555.

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