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File and Fund Program™ FAQs
Frequently Asked Questions, Answered
What is the File and Fund Program™?
1st Capital Financial’s File and Fund Program™ is a full-service recovery and optional funding path for IEEPA tariff refunds.
For funding only, please see our non-recourse IEEPA Tariff Advance.
Why should I choose 1st Capital Financial's IEEPA Refund Services and File and Fund Program™?
1st Capital Financial has recovered more than $10 billion in financing and refunds for over 90,000 businesses in recent years. Our IEEPA Refund Services and File and Fund Program™ maximize your recovery, protect your refund rights, and reduce the wait time for your IEEPA tariff refund. Our trade advisory and financing teams are equipped to accommodate every scenario at competitively low rates and favorable terms.
That’s why customs brokers, freight forwarding companies, law firms, and secondary markets choose us for their clients.
Do I need to change my customs broker for 1st Capital Financial's IEEPA Refund Services?
No, 1st Capital Financial’s IEEPA Refund Services and File and Fund Program™ don’t require you to change customs brokers. You retain your broker relationship while our trade advisory team oversees the recovery of your IEEPA tariff refund.
How much does 1st Capital Financial charge for its File and Fund Program™?
1st Capital Financial charges a success fee for recovery (e.g., 8-15%) and a low percentage for funding. There are no debt obligations, upfront costs, or recourse terms.
Our File and Fund Program™ offers the lowest combined cost for our services.
Is there a minimum claim amount for the File and Fund Program™?
There’s no minimum claim amount for our recovery services. However, funding requires a minimum claim of $100,000.
Can 1st Capital Financial handle larger IEEPA tariff refund claims?
Yes, 1st Capital Financial’s trade advisory and financing teams support claims of all sizes. We have licensed customs brokers, trade specialists, legal, and tax coordinators available for complex scenarios that require more attention, as is common with our mid-market and enterprise clients.
The average claim amounts we service are between $1M and $5M, or $5M and $10M, and the largest we’ve seen is $250M.
What is an IEEPA Tariff Advance?
An IEEPA Tariff Advance, also known as an IEEPA refund buyout, is a non-recourse funding option that allows U.S. importers to sell their claim and recover the balance in days, without waiting on the government’s repayment.
Still Have Questions?
Please call us at +1 (833) 317-8227 or email us at [email protected].
Ready to Start Your Refund on IEEPA Tariffs?
Submit an IEEPA Refund Intake Form online in just a few minutes.