Both surety bonds and letters of credit are used as a risk management tool on construction and development projects.  For this reason, Goldleaf Surety is often asked surety bond or letter of credit – what’s the difference. In September and October of 2015, Goldleaf Surety did a series of blog post comparing surety bonds and letters of credit in detail.  (Surety Bonds and Bank Letters of Credit Comparisons, Part 1; Surety Bonds and Bank Letters of Credit Comparisons, Part 2; Surety Bonds and … [Read more...]