III. Financial Qualifications

To obtain a CPCN to provide resold and limited facilities-based telecommunications 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.¹ IBFA provided information which demonstrates that it meets this requirement.²

An applicant must also demonstrate that it has sufficient additional financial resources to pay all deposits required by other carriers.³ IBFA provided information that demonstrates its financial resources are more than adequate to meet the deposits required by other carriers.⁴