Barrington, IL (PRWEB) October 19, 2009
Every company that imports into the United States must secure the shipment with a U.S. Customs bond. This bond is a guarantee to Customs & Border Protection that any duties or taxes and any fines or penalties assessed on the goods will be paid. In the past, most importers acquired this through a Customs broker, but a new trend has gained momentum in the industry. TRG, a surety agent, offers the importer a cost savings option on the continuous customs bond by cutting out the third party mark-up.
Since the company opened its first office in 1991, TRG's direct marketing approach has steadily made its way to the forefront of this niche market. After 18 years, the company is witnessing the trend morphing into a standard practice for importers of all sizes. As times change, companies are now required to become fully informed on their import practices and search for more effective methods to engage in International Trade. As a reaction to the growth of importers purchasing direct, TRG revamped its online Customs bond application to ensure the company's competitive advantage. http://www.trgbond.com
"Applying for a Customs bond is already a simple process when handled by a professional company, but we need to go beyond simple. This improved application streamlines the process for the importer as well as the process for our administrative staff," stated John Michel, TRG President. "Changes we are making internally not only relieve any sense of burden the importer may have, it also minimizes our costs to allow TRG bond prices to remain extremely competitive. In fact, we have not increased pricing on the $50,000 Importer Bond even once in our entirety."
With this new user friendly online application, TRG is convinced they have an edge over the competition. TRG's website advertises a 5-10 minute application. "Importers can be intimidated when looking into changing processes in-house. It's my job to educate them," Sarah Braun, Internet Sales Executive explains. "The fact is, that a continuous bond is the same no matter where it's purchased. Our low cost, ease of transition, and excellent customer service is what set's us apart."
TRG offers other import solutions beyond the Customs bond, including marine insurance (shipping insurance) and direct filing. Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts, and Great American Insurance Company of Cincinnati, Ohio, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.
Jena Leary, Marketing Coordinator