Jabber,
To get bonded you put up your callateral to a bank or equal that
can give you a certified letter of credit, which ties up your collateral (no money exchanging hands), the certified letter of credit goes to the bonding Company for the Bond.
OR-
The Company has enough assetts to pledge as collateral directly, good credit, send to Bonding Company weekly, monthly or quarterly
certified records from accountant in trade for Bond.
I am sure there are other ways to obtain secutity to a Bonding Company, These are the two ways I had to do it.
RJ
