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 | Warranty Bonds |
 | limited to the lesser of 20% of the Ex-Im line or $500,000 |
 | limited to the term of the loan agreement |
 | 100% collateralization required, 25% of which must be cash bond |
 | avoid if possible |
 | Performance Bonds
 | Generally SLC's can be issued to replace SLC's issued within the
past 60 days (sometimes 90) |
 | limited to term of the loan agreement |
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