An intermodal marketing company, third-party logistics provider, broker, freight forwarder, or trucking company that wants COFC Logistics, LLC to bill transportation service, container-use, and related charges on credit — rather than collecting payment up front — backs that credit line with a surety bond. It is COFC's own credit-department condition, set at the Holland, Ohio company's discretion, not an Ohio statute: the bond guarantees payment of amounts due within 30 days of the invoice date, with no forfeiture provision beyond the money actually owed. Premiums cost 2% of the bond amount, $100 minimum, after a soft credit pull that never affects your score.
















No long underwriting queue for the standard COFC credit bond — enter your amount, consent to a soft pull, and send COFC the executed bond. Here is the whole thing:
Your business details, the bond amount COFC Logistics' credit department set for your account, and the effective date — plus a one-time consent to a soft credit pull.
Most COFC credit bonds clear instantly; the soft credit pull informs approval and never affects your score — pricing is 2% of the bond amount, $100 minimum. Larger amounts may get a brief review.
Your executed bond and power of attorney arrive by email, ready to send to COFC's Holland, Ohio credit department so your billing terms take effect. Wet-ink originals mailed on request.
This bond is not a government license bond — it is a private credit-security condition COFC Logistics, LLC, an intermodal container logistics company headquartered in Holland, Ohio, sets for shipping intermediaries that want transportation and container-use charges billed on credit instead of paid before service. It applies to intermodal marketing companies, third-party logistics providers, brokers, freight forwarders, and trucking companies — not to direct beneficial cargo owners.
It is a three-party arrangement: you (the principal), the surety carrier, and COFC Logistics, LLC (the obligee). COFC describes it as an indemnity bond guaranteeing only the money actually due — transportation service charges, container-use charges, and related fees — payable within 30 days of the invoice date, with no separate forfeiture provision. If an approved intermediary does not pay on time, COFC can claim against the bond for the unpaid amount, and the intermediary then reimburses the surety.
There is no statutory or published bond-amount schedule — COFC sets the penalty amount at its own discretion, based on the credit volume it is willing to extend to your account. COFC's surety-application process asks for a personal financial statement on bonds above $20,000, and requires the surety to carry at least an AM Best A-Excellent rating. Enter the figure COFC's credit department specified for your account; your premium is priced from a $100 minimum after a quick soft credit check that never affects your score.
These are the actual underwriting fields, including the bond amount COFC set for your account and a one-time consent to a soft credit pull. The pull never affects your score, and your price — 2% of the bond amount, $100 minimum — is set at application.
Start the application →2% of the bond amount, $100 minimum, soft pull only. Enter the amount COFC set and send the executed bond to their credit department the same day.