Are There Any Lenders Still Lending Against ERC Credits
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  1. #1

    Are There Any Lenders Still Lending Against ERC Credits

    Are there any lenders still lending again ERC Credits

    If so please let me know

    I have a clean file ready to go

    Rich Rose
    Rainstar Capital Group
    rich@rainstarcapitalgroup.com
    602 309-1007

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Finance ERC
    (888) ERC-NOW3
    You are assessed a one time Administration Fee)

    ERTC Bridge overview



    Up to 70% LTV on submitted ERTC claims

    This is not a lending product. We require no daily, weekly or monthly payments against the money we provide to you or your clients today.



    DOCUMENTS REQUIRED:

    1) ERC APPLICATION

    2) Voided Check

    3) A Valid Colored copy of the Driver's License (FRONT & BACK)

    a. INCLUDE OWNERSHIP of 20% or More

    4) 3- Current Months of Business Bank Statements

    5) FORM 8821 & 7216 (MUST BE WET SIGNATURE IN BLACK INK)

    6) FORM 941 and 941x included for EACH Quarter the business is requesting the ERC

    7) ERC Calculations to support the Filing:

    a. Breakdown of wages by type and quarter (CONFIRM PPP Calculation is Subtracted from the ERC)

    8) ERC Qualification (Reason) from ERC Filer

    9) 2 Most RECENT Quarters of 941's

    10) 1- Current Year of Business Tax Return

    11) W9

    a. By the Authorized Signer(s)

    12) Copy of the Operating Agreement, By-laws, or Corporate Formation


    support@financeerc.com
    - Please contact this email address for any deal submissions, questions about a deal, or
    general FERC support
    payables@financeerc.com
    - Please contact this email address should have questions related to accounting or
    funding
    marketing@financeerc.com
    - Please contact this email address if you have questions or requests for co-branding
    and/or other marketing materials
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Not sure if TVT still doing it

  4. #4
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by seasonedfunder View Post
    Not sure if TVT still doing it
    They are, but on FundingGAWD, it's like a cash advance underwriting procedure for the approval... smh... They are though. I believe $150K funding qualification minimum. Meaning, they must qualify for at least $150K to be considered (if I remember correctly).

  5. #5
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Posts
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    Quote Originally Posted by Olderguy View Post
    Finance ERC
    (888) ERC-NOW3
    You are assessed a one time Administration Fee)

    ERTC Bridge overview



    Up to 70% LTV on submitted ERTC claims

    This is not a lending product. We require no daily, weekly or monthly payments against the money we provide to you or your clients today.



    DOCUMENTS REQUIRED:

    1) ERC APPLICATION

    2) Voided Check

    3) A Valid Colored copy of the Driver's License (FRONT & BACK)

    a. INCLUDE OWNERSHIP of 20% or More

    4) 3- Current Months of Business Bank Statements

    5) FORM 8821 & 7216 (MUST BE WET SIGNATURE IN BLACK INK)

    6) FORM 941 and 941x included for EACH Quarter the business is requesting the ERC

    7) ERC Calculations to support the Filing:

    a. Breakdown of wages by type and quarter (CONFIRM PPP Calculation is Subtracted from the ERC)

    8) ERC Qualification (Reason) from ERC Filer

    9) 2 Most RECENT Quarters of 941's

    10) 1- Current Year of Business Tax Return

    11) W9

    a. By the Authorized Signer(s)

    12) Copy of the Operating Agreement, By-laws, or Corporate Formation


    support@financeerc.com
    - Please contact this email address for any deal submissions, questions about a deal, or
    general FERC support
    payables@financeerc.com
    - Please contact this email address should have questions related to accounting or
    funding
    marketing@financeerc.com
    - Please contact this email address if you have questions or requests for co-branding
    and/or other marketing materials
    Older Dude, your people you referred seem amazing! Downside is they don't fund State of Massachusetts... Do you have an alternative that does exactly what they do but are OK w/ funding in Mass??

  6. #6
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
    199

    Quote Originally Posted by Olderguy View Post
    Finance ERC
    (888) ERC-NOW3
    You are assessed a one time Administration Fee)

    ERTC Bridge overview



    Up to 70% LTV on submitted ERTC claims

    This is not a lending product. We require no daily, weekly or monthly payments against the money we provide to you or your clients today.



    DOCUMENTS REQUIRED:

    1) ERC APPLICATION

    2) Voided Check

    3) A Valid Colored copy of the Driver's License (FRONT & BACK)

    a. INCLUDE OWNERSHIP of 20% or More

    4) 3- Current Months of Business Bank Statements

    5) FORM 8821 & 7216 (MUST BE WET SIGNATURE IN BLACK INK)

    6) FORM 941 and 941x included for EACH Quarter the business is requesting the ERC

    7) ERC Calculations to support the Filing:

    a. Breakdown of wages by type and quarter (CONFIRM PPP Calculation is Subtracted from the ERC)

    8) ERC Qualification (Reason) from ERC Filer

    9) 2 Most RECENT Quarters of 941's

    10) 1- Current Year of Business Tax Return

    11) W9

    a. By the Authorized Signer(s)

    12) Copy of the Operating Agreement, By-laws, or Corporate Formation


    support@financeerc.com
    - Please contact this email address for any deal submissions, questions about a deal, or
    general FERC support
    payables@financeerc.com
    - Please contact this email address should have questions related to accounting or
    funding
    marketing@financeerc.com
    - Please contact this email address if you have questions or requests for co-branding
    and/or other marketing materials
    Do they work with smaller applications like 30k
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  7. #7
    Senior Member Reputation points: 72961 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,258

    Quote Originally Posted by Fundyman View Post
    Older Dude, your people you referred seem amazing! Downside is they don't fund State of Massachusetts... Do you have an alternative that does exactly what they do but are OK w/ funding in Mass??
    Call the guys at Finance ERC and ask for a referral. Might some kind of legal issue that may not allow anyone to do it....

    These guys CLAIM can get money fast but I have no experience with them....do your due diligence. I'd call the guys at Finance ERC first.

    Angela Lozada
    212-439-4639
    angela@capitaladvisorgrp.com

    TVT but they are expensive...basically a MCA.
    Last edited by Olderguy; 11-20-2023 at 12:04 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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