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How much does Inventory or Working Capital Funding cost through ICG?

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How much does Inventory or Working Capital Funding cost through ICG?

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ICG will charge you a 5% mark-up on all the inventory funded. If you decide to wait more than 21 days before buying the inventory back from ICG, then we will also charge you a 1.5% stocking fee per week. This means that ICG will charge you 1.5% of the value of any inventory still under our name after the end of the third week. In addition to the mark-up and stocking fees, there is a one-time fee associated with the costs of the due diligence process. This “processing fee” is usually about $3,500, but it can be paid in installments.

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