​​​​​​​​​​​​Helping Brokers / Freight Forwarders obtain bmc85 insurance coverage/security bond

Executive Plan

Collateral-Based Account:
To minimize costs, deposit the full collateral sum of $75,000 or a portion of. The deposited sum of this collateralized account is held in trust under the terms and conditions outlined in the BMC-85 Property Broker’s Trust Fund Agreement. 

ICFCC has Three (3) Options to help All Applicants (property broker, freight forwarder, household goods broker) meet FMCSA's requirements (evidence of security and boc-3 certificate) so they may concentrate on meeting their business goals.

Banker's Plan

Standby Letter of Credit: 
Have your bank arrange with ICFCC (the Trustee) an Irrevocable Standby Letter of Credit (LOC). Upon receipt, the Trust Fund is immediately posted with office of the F.M.C.S.A. 

What We Offer

The Authority (license to operate) shall remain in effect only as long as a surety or trust fund remains in effect to ensure the financial responsibility of the licensed-applicant (property broker, freight forwarder or household goods broker).

Whatever option you choose, we are here to help all qualified-applicants (property broker, freight forwarder, household goods broker) achieve their business and financial goals.

We work closely with our clients and keep them informed every step of the way . . .

Trustee Plan

Monthly/Quarterly Payment Plan:
After you are “pre-approved,” you simply pay a one-time application fee and a Monthly or Quarterly deposit (option is yours) to collateralize your BMC-85 Trust Fund Account of $75,000.  ALL deposit payments are fully refundable!