III. Financial Qualifications

To obtain a CPCN to provide resold and facilities-based services, an applicant must demonstrate that it has at least $100,000 of cash or cash equivalent to meet the firm's start-up expenses.² Tex-Link provided information under seal which demonstrates that it meets this requirement.

An applicant must also demonstrate that it has sufficient additional financial resources to pay all deposits required by other carriers.³ Tex-Link provided information under seal that demonstrates Tex-Link's financial resources are more than adequate to meet any likely deposit requirement.