IVC
Inventory Value Certificate
Left click here for Background information
Issued from time to time depending on commodity inventory needs
Proceeds are used to factor inventory purchases awaiting receivable payments contracted from sole Distributor
Issued for Terms of 6 Months or 12 Months
Pays holders 1% of face value of Certificate on 1st of every month
Redeemable Certificate at 100% face value upon reaching 50% Term
Penalty for early redemption:
6 Month Certificate:
30 days - 10%
60 days - 5%
90 days - 2%
12 Month Certificate:
30 days - 15%
60 days - 10%
90 days - 5%
Left click "HERE" for application to purchase an IVC