With the IRS’ recent Employee Retention Credit (ERC) processing moratorium, many small businesses are seeking solutions to receive their ERC refunds faster. NEWITY provides two solutions for these companies.
For businesses that already filed for ERC:
Through ERC Advance, NEWITY can provide cash for your already-filed ERC claim within days of approval.
To be eligible for ERC Advance, you must:
1. Have already filed for ERC
2. Be in good standing and active
3. Have less than $200,000 in credits per quarter
4. Have a FICO score of 500+
NEWITY’s ERC Advance product is not a loan, so there is no impact on your borrowing capacity nor need to make repayments with interest.
If you’re interested in applying for ERC Advance, register a secure account in the NEWITY portal and click ‘Get Started’ on the ERC Refund tile.
For businesses that have not yet filed for ERC:
NEWITY’s ERC Fast Track provides businesses with thorough eligibility determination, exact credit calculations, help filing with the IRS, and fast funding of your ERC claim within days of filing.
NEWITY takes pride in its approach to evaluating ERC eligibility, ensuring your business meets exact program requirements. NEWITY’s Fast Track program enables your business to receive exact details of your qualifications and receive cash for your ERC claim.
If you’re interested in applying for ERC Fast Track, register a secure account in the NEWITY portal and click ‘Get Started’ on the ERC Refund tile.