Many ERC processors emerged in 2022 after new legislation widened the program’s eligibility criteria. However, not all ERC processing companies are equal. Here are four red flags for ERC processing companies that you should never ignore.
LendVer, the reputable database of vetted business lenders and service providers has finalized its review process for the 2023 Best Employee Retention Credit (ERC) company, and has selected Chicago, IL based NEWITY.
With a new outlook and hopes on the horizon for a better economic future despite the reported gloom and doom, 2023 is shaping up to be an engaging year as numerous small businesses are bracing for economic uncertainty with a looming recession and inflation – yet they are now more equipped than ever.
Today, NEWITY, a small business marketplace dedicated to providing access to SBA loan solutions and trusted service providers, announced their new Employee Retention Credit (ERC) offering aimed at helping businesses claim their payroll tax credits. Eligible companies that have not claimed ERC can do so through 2024, depending upon their initial tax filing or payment date.
NEWITY, a small business marketplace dedicated to creating equitable access to small business loans and trusted business service providers, today announced the expansion of its loan solutions to include SBA 7(a) loans up to $250,000.
Small businesses are America’s lifeblood, comprising 44% of national GDP, creating 62% of new jobs, and representing 99.9% of all U.S. businesses. Despite the government’s recent efforts to support entrepreneurs, small businesses are failing to keep up with major corporations amid the current economic landscape.
From Crain’s Chicago Business – A chat with the co-founder of NEWITY, a Chicago-based adviser to small businesses and an administrator of government-backed loan programs.
As is apparent from this week’s list of SBA Lenders, small businesses demand small balance loans, but there remains room for improvement to reach underserved owners.
Experts say its time to take a close look at your finances–and start digging your trench.
Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business