What is the status of your MC Authority?
This helps us determine which filing you need immediately.
We don't just sell you the paper. We electronically file your BMC-84 form directly with the FMCSA system the moment you bind, so your authority goes active faster.
Why is the BMC-84 required?
The Federal Motor Carrier Safety Administration (FMCSA) requires all freight brokers and forwarders to hold $75,000 in financial security.
- BMC-84 (Surety Bond): You pay an annual premium (usually 1-5%) to a surety company. This keeps your cash flow free.
- BMC-85 (Trust Fund): You must lock up $75,000 cash in a trust. Most brokers prefer the bond to keep their working capital.
What matters most for this bond?
We'll filter quotes based on your business needs.
Estimated Credit Tier?
Surety bonds are credit-based. This gives you the most accurate estimate.
Does credit score affect my bond price?
Yes. Unlike insurance, a surety bond is a line of credit. The surety company is vouching for your ability to pay carriers.
We work with specialized markets that write freight broker bonds for applicants with low credit scores, bankruptcies, or liens. You can still get your authority active.
Do you need other broker coverages?
Shippers often require more than just the bond.
How much does a BMC-84 Bond cost?
You do NOT pay $75,000. You only pay a small percentage of that amount as an annual premium.
1.25% - 3% Rate
If you have strong credit (700+) and established business history.
3% - 5% Rate
Standard rates for new authorities or average credit scores.
5% - 12% Rate
Higher rates, but we can typically still get you approved without collateral.