DON’T WAIT A YEAR FOR A REFUND OF YOUR EMPLOYEE RETENTION CREDIT (ERC).
How Employer Capital Helps?
The government is significantly backlogged with ERC refund claims, leaving firms short on cash. EMPLOYER CAPITAL provides bridge loans based on your expected ERC return value, allowing small and mid-sized enterprises like yours to continue operating while you wait for YOUR money.
What's the best part?
You are not required to have filed an ERC with EMPLOYER CAPITAL.
Employer Capital Bridge Loan Advantages
Bridge Loan Details
To get started with EMPLOYER CAPITAL, you need a valid ERC claim filed with the government. EMPLOYER CAPITAL offers a specific 12-month business bridging loan with a maximum LTV of 65% of your projected ERC refund amount.
Repayment begins once your loan is cleared and concludes with a balloon payment when your ERC return arrives. It is that easy! Because EMPLOYER CAPITAL only uses your ERC refund as collateral, there is no need for lengthy paperwork or complicated applications. For existing EMPLOYER CAPITAL ERC clients, loans are closed in three days; new clients can close in as little as ten days.
What Are The Terms Of The Loan?
Information About The Erc
During the epidemic, Congress passed the CARES Act, establishing the Employee Retention Incentive (ERC), a significant tax credit for small and medium-sized enterprises. Employers could claim this refundable credit if they overpaid payroll taxes during the COVID pandemic. Businesses may be entitled to an IRS cash return of up to $26,000 per full-time employee.
DON'T MISS OUT
EMPLOYER CAPITAL assists you in managing your expenses by providing working capital to buy new equipment, pay talented employees, or expand your business.