Description: The Broker submits $10,000 in cash to collateralize a BMC-85 Trust Fund.

Qualifications: Good standing with the FMCSA. No particular credit requirements.

Cost: $10,525 initially, comprised of a one time $525 administrative fee for the first year plus the $10,000 collateralization payment. For each subsequent year earned interest shall be deemed to offset the administrative fee (for an effective annual yield of 5.5%)

Description: The Broker submits no cash collateral, but arranges for a $10,000 Irrevocable Standby Letter of Credit issued by a federally insured bank or credit union, naming True South Financial Group as beneficiary. A $550 annual administration fee shall apply.

Qualifications: Good standing with the FMCSA. No particular credit requirements.

Cost:  $550 annual administration fee due at the beginning of each contract year, plus a $10,000 Letter of Credit. Should legal liability necessitate claim payouts a nominal service fee may be charged depending upon the ease of negotiating each transaction drawn on the Letter of Credit.

Description: The Broker submits no cash collateral, but authorizes True South Financial Group to arrange for the liquidation of $10,000 in receivables sold and assigned on a rotating basis for statutory purposes. If approved, the Broker pays a $925 administrative fee, and executes a special Collateral Agreement. True South may demand physical delivery of specific freight bills at any time, but usually does so only in response to unsatisfied legal liability.  Requires an irrevocable personal guarantee.  Can be converted to plan 1 or 2 upon qualification.

Qualifications: Good standing with the FMCSA and excellent credit (a principal owner of director of the company may be considered as an individual for credit purposes as long as documents are submitted to verify their ownership interest). True South will require at least one irrevocable personal guarantee.

Cost: $925 annual finance and administration fees due at the beginning of each contract year.

Description: The Broker submits an initial deposit of $500 as partial collateralization of the Trust Account. The Broker also agrees to pay $500 a month until $10,000 shall accrue to replace that component of the Trust Account secured initially by the sale of receivables. Accordingly, the Broker executes a Collateral Agreement to arrange for the liquidation of receivables in an amount equal to the difference between cash on deposit and $10,000. Should all payments be made on a timely basis, subsequent administrative fees will be reduced relative to accumulated cash on deposit. Once the $10,000 has been on deposit for one full year earned interest shall be deemed to offset the administrative fee thereafter.

Qualifications: Good standing with the FMCSA and good credit responsibility.

Cost: $1,450 initially, comprised of the $500 initial deposit (initial deposits may vary depending upon credit qualifications) plus the $950 administrative fee for the first year. Renewal fees include a $750 fee for the second year; $550 fee for the third year and no renewal fee for subsequent years thereafter, assuming all monthly $500 collateralization installment payments have been paid as agreed.