This application is for the benefit of Paxton Hardwoods LLC ("Paxton"), and any of its affiliates or subsidiaries; such parties are authorized to contact. A guarantee and collateral agreement is a contract between a lender and a borrower where the borrower guarantees payment or surrenders collateral.This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. Are you looking for a loan agreement form in Texas? Download our free Texas Loan Agreement Form which is available as PDF or Word documents. 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. Mitchell Bail Bond Services No.2 offers San Antonio bail bonds to reunite families in their time of need. Learn more about how we can help you, today. The consideration involved in a collateral contract is essentially a guarantee that both parties will enter and uphold the original contract.