[wallerbusiness]

Who does Advances on the ERC

[goldenhippo80]

Who does Advances on the ERC

Hit up TVT

[Olderguy]

TVT - ERTC Bridge overview

Up to 60% LTV on submitted ERTC claims

22-35% 12 month deals

interest only - sometimes for full term sometimes for half the term - depends on the credit

At Submission:

• 3 months business bank statements (main operating account)
• Merchant application
• Most recent tax returns & 2022 YTD P&L
• Form 941
• Form 941-X
• Employee ERC calculation breakdown per quarter associated with the corresponding filed 941-X form
• Proof of eligibility (eligibility criteria)
- government mandated shutdown
- Loss in revenue in accordance with ERC qualification (please have CPA sign and owner)

*If you can not provide the ERC calculation break down the client can only be approved for tiered amortized weekly payment structure*

(Require driver id of owners over 20% as well)

Fees: 4 % origination

Commission 4% - 5%

[Shorebird]

https://www.financeerc.com/

[Ehenek]

Shorebird has a good one.