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ExIm

bulletWarranty Bonds
bulletlimited to the lesser of 20% of the Ex-Im line or $500,000
bulletlimited to the term of the loan agreement
bullet100% collateralization required, 25% of which must be cash bond
bulletavoid if possible
bulletPerformance Bonds
bulletGenerally SLC's can be issued to replace SLC's issued within the past 60 days (sometimes 90)
bulletlimited to term of the loan agreement

Last updated 08/30/2007