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2 Replies Last post: Jun 3, 2008 1:43 PM by smallbizguy5

Any advice?

Jun 3, 2008 12:17 PM

smallbizguy5 2 posts since
Jun 3, 2008

I'm looking to get my lisence to broker properties (freight). The school is anywhere from $1500-$3500, and there is a $10,000 surety bond you have to obtain as insurance.

I am fairly young, and have not-so-good credit. Are there any lenders that specialize in business/insurance for the creditly challenged?

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LUCKIEST 8,113 posts since
Aug 6, 2007

1. Re: Any advice? Jun 3, 2008 12:23 PM

Any advice?? Welcome. Tell us more

Where are you like city and state??

Tell us more about looking to get my license to broker properties (freight)??

What school?? Where??

LUCKIEST

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smallbizguy5 2 posts since
Jun 3, 2008

2. Re: Any advice? Jun 3, 2008 1:43 PM

in response to: LUCKIEST

Thanks for the response Lucky,

I live in Phoenix, AZ. As a freight broker, I would simply find manufacturers with carriers, and charge a small brokerage fee. To do so, I need the capitol to pay the carrier within so-many business days. There are licenses and fees associated with obtaining the license, and well fees for registering with the Federal Motor Carrier Safety Administration. There is also a $10,000 insurance bond needed.

As far as the schooling goes, my business plan allows me to take an online/over the phone class with someone already established in the business who can give me step-by-step instruction.

Thanks again Lucky, hopefully I answered all your questions.

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ForumsFinancing Tips

This Question is Not Answered

Any advice?

Jun 3, 2008 12:17 PM

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