$650.00
This fee is for a Line of Credit (LOC), you will have to have your bank contact us stating that you will keep $75,000.00 in the bank and not be able to touch it for as long as your bond is active.
There is an annual administration fee for having a LOC renewed yearly. We need payment and LOC (Line of Credit) letter from the bank each year.
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TFS provides funding solutions with major factoring companies with the most cost-effective rates. Start-up brokerages should consider the service of factoring companies that will advance the broker 85% to 90% of the freight bill within 24 hours. Factoring invoices is a new brokers ability to obtain working capital and to diminish claims.
Along side the Small Business Association (SBA), TFS educates and provides logistical support to carriers, brokers, freight forwarders, and shippers. TFS is an acknowledged provider of a full range of legal, administrative, and operational resources necessary for successful providers.
TFS Consultants offer your organization solutions for all appropriate requirements of the Federal Motor Carrier Safety Administration (FMCSA) and Department of Transportation (DOT).
We listen to your needs, advise you accordingly, create a great web presence for you and inspire you to view all aspects of the logistics and transportation industry in such a fashion as to simply make your company “The Best”.
TFS’s network of transportation professionals across America focuses on educating carriers, brokers, and freight forwarders by providing databases for marketing and networking.
TFS monitors for the best quality logistics & cargo insurance quotes, and provides all Processing Agents Services, BOC3, Reinstatements, UCRs and all State Permits.
We monitor industry standards to assure that FMCSA Compliances are strictly adhered to.
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