The Supreme Court ordered CBP to refund IEEPA tariffs paid between February 2025 and February 2026, with 6% statutory interest on the principal. Stone Path facilitates the introduction to 1st Capital Financial's File and Fund Program. Qualifying importers access the refund as upfront liquidity in roughly two to three weeks.
1st Capital reports more than $166 billion in IEEPA tariffs were collected across 53 million customs entries during the 2025-2026 window. CBP is now building CAPE, a sub-module of ACE, to process the refunds.
Once CAPE opens, current guidance cites a 45-to-60-day filing window, followed by a 180-day appeal period. Importers that organize entry data ahead of the window file the day it opens.
Qualifying importers in 1st Capital's File and Fund Program access the expected refund as upfront capital in roughly two to three weeks, rather than waiting on CBP processing alone.
U.S. companies that served as the Importer of Record and paid IEEPA-designated tariffs between February 2025 and February 2026.
Typical fit: mid-market importers (51 to 5,000 employees) on shipments from Canada, China, Mexico, or other affected trading partners, with internal trade compliance or customs ownership and a broker relationship that can produce ACE entry data.
1st Capital reports business claims ranging from tens of thousands to tens of millions of dollars, depending on entry status, import volume, and rates.
Customs brokers, freight forwarders, customs and trade attorneys, ERP and logistics platforms, and PE operating partners with import-heavy portfolio companies hold the entry data and the existing client relationships. If you advise importers carrying IEEPA exposure, you can connect them with the capital-partner side without taking on the diligence, filing, legal, or funding work yourself. Select "I advise importers" in the form above to start the conversation.
Stone Path facilitates the introduction. 1st Capital handles diligence, filing, and funding. The advisor stays in their lane.