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Credit Guarantee Brochure P 1
1. -to-guy
Program. And I have good news for
agents who need to protect their incomes
from shipper defaults.
For quite a few years I ran my own bro-
shipper and carrier together only to see a
commission literally vanish when the ship-
per defaults. Why does it seem that it was
always the one commission that you were
really counting on?
The program limits your potential com-
The good news is that the Credit Guar-
antee Program limits and delays the charge John Kolden, V.P. Agent Services
back to $1,000 at 90 days (A $1,000 de-
ductible.) Until 90 days, other than the We know there will be many ques-
tions as the program is imple-
there is no chargeback. Your commissions mented. The program is optional, not
will remain in your account. mandatory;; you need to do nothing ex-
How much will it cost? The agent con- cept know it exists. Terms and condi-
tribution is one percent (1%) of the gross tions will be posted on the intranet
revenue on enrolled accounts. shortly. We will also be placing a FAQ
section about the program on the intra-
tion to apply the protection plan to all of net based on feedback and examples
their shippers or limit it to individual ship- you send us. So fire away with your
pers they select. comments and questions and we will in-
Not all shippers will qualify. corporate them into the FAQ section.
We will also put examples of various
ensure that you have more control over situations on the intranet.
your income, your business and its cash
flow.
And possibly most important,
signed help provide our agents some finan-
cial peace-of-mind, particularly during
tough times.