Commercial Finance Partners (CFP) announced the launch of Employee Retention Credit (ERC) Funding and Qualification programs. Originally passed as part of the CARES Act, the ERC has been expanded to offer enhanced benefits to small business owners. As part of our program, CFP is facilitating the prefunding of these credits as the IRS has indicated expected delays in processing of these payments. CFP’s service include qualification, calculation, analysis, and prefunding of eligible credits to help get funds to small business owners who are waiting on this possible lifeline from the IRS.
“The Employee Retention Credit program we have launched will help expand our reach to new clients and partnerships” commented Darren Palestine, Managing Partner of Commercial Finance Partners. “We’ve already established a number of bank and alternative lending partnerships to help their clients access funding quickly and we believe it’s a win-win for both the client and the current lender.” “Using our background as a factor and through our consulting division, we believe we’ve established a leading program amongst other options for businesses to consider as they seek to maximize government assistance program.”
Commercial Finance Partners has already processed applications for over $50,000,000 in credits. For more information on the Employee Retention Credit, please visit: https://commercialfinancepartners.com/business-help/erc-employee-retention-credit-program