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Discover LudwigThe phrase "collateral for" is correct and usable in written English.
It can be used when someone is offering an item of value or a guarantee in exchange for something else. For example, "The bank required collateral for the loan."
Exact(58)
We are all collateral for the banks.
Other kids have become collateral for combatants.
There is collateral for this assumption.
The shares had been pledged as collateral for a loan.
Workers often used their houses as collateral for loans.
We are offering money and collateral for longer terms.
They cannot use them as collateral for a loan.
Another 25percentt stake in each company would be pledged as collateral for Media-Most debt.
Many of those assets are already pledged as collateral for loans.
People can't use their homes as collateral for loans to expand businesses, for example.
People still have way too much debt, and the collateral for it keeps evaporating.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com