The Employee Retention Credit (ERC) is a program created in response to the COVID-19 pandemic and economic shutdown via the CARES ACT which was created by Congress and incentivizes companies and small businesses with a refundable tax credit for maintaining their payroll during 2020 and 2021. While most companies were familiar with the Payroll Protection Program (PPP), those in the industry have described the ERC program as “America’s Best Kept Secret.”
The IRS has a large backlog of ERC requests and hence it has been taking as long as 9-18 months for checks to be sent to those that requested their Employee Retention Credit. This is where the founders of Gold Card ERC saw a problem and decided to create a solution. While the program was designed to help businesses affected by the COVID-19 pandemic, it is taking a long time to get the money in the hands of small businesses that need the money today.
This is where Gold Card ERC comes in to help these businesses and owners. We can purchase a businesses’ Employee Retention Credit today and provide them money to run and grow their business, rather than waiting for months and months for the check to arrive.
Gold Card Capital can purchase this credit at a discount once you file with the IRS, rather than waiting as long as 9-12 months to receive your funds. There are no daily, weekly or monthly payments against the amount except a nominal monthly monitoring fee while we wait for the checks from the IRS.
Please send your information to us via our email : firstname.lastname@example.org , so we can get your money to you today!
We can typically provide a decision within 24-72 hours. Funding shortly thereafter.
No, there is no application fee.
Up to 70% of the value of your unpaid Employee Retention Credit (ERC)
You can specify the amount you would like purchased.
ERC submitted to the IRS within 120 days of applying for the purchase of the ERCs for Purchases of $1M or over. Under 60 days for purchases up to $250K.
Unlike other business loan or revenue advance products, there are absolutely NO payments required to Gold Card Capital ERC against your ERC sale balance to us until the IRS check arrives. (Other than a $49.95/month account monitoring fee). Use the money we give you to actually grow your business, rather than having to make repayments to the capital provider.
Yes, we will allow you to buy the receivable back from us at a discount.
No additional collateral is required.