This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. The consideration involved in a collateral contract is essentially a guarantee that both parties will enter and uphold the original contract.A guarantee and collateral agreement is a contract between a lender and a borrower where the borrower guarantees payment or surrenders collateral. A collateral access agreement is a legal document that outlines the terms and conditions of how an individual can borrow money from a business owner. Collateral pledged to Federal Reserve Banks (Reserve Banks) can be used to secure discount window advances and extensions of daylight credit. Secure loans with a collateral agreement template, outlining assets used as security and loan repayment conditions.