Funding

Get an Advance on Your ERC Refund

Get your Employee Retention Credit (ERC) cash refund from the government now. The IRS has temporarily paused ERC processing, which may delay your refund delivery. For those who do not want to wait for processing to resume, an ERC Bridge Loan is a viable option.

About Omega Funding Solutions

Omega Funding Solutions (OFS) is a third-party lender offering funding assistance to ERC clients, businesses that have not yet filed for their ERC, and companies that filed with another processor. OFS provides small and medium-sized businesses with financial security and the ability to continue to manage their expenses during this waiting period.

About ERC Bridge Loans

We offer bridge loans based on your anticipated ERC refund to help you keep your business up and running while you wait. All you need to get started is a valid, filed ERC claim. OFS provides a simple 12-month business bridge loan of up to 60% LTV of your anticipated ERC refund amount. Loan repayment begins after your loan funds and ends with a balloon payment once your ERC refund arrives. No lengthy paperwork. No complicated applications. OFS uses your ERC refund as collateral. OFS processes loans in as little as 10 business days for existing Omega ERC clients — new clients can close in as little as 45 days.

Benefits

Fast

New clients can have their ERC processed and receive advance funds in as little as 45 days. Existing clients can access funds in as little as 10 days.

FLEXIBLE

Loan values vary based on the expected ERC refund value of approved clients. There is no minimum or maximum loan amount.

EQUITABLE & ACCOMODATING

OFS serves typical borrowers and under-resourced clients including low credit, the self-employed and corporations/LLCs.

Secure Your Business’s Financial Stability with Our ERC Advance Funding Options!

Borrower Terms

  • OFS loans are available at up to 60% loan-to-value (LTV)
  • You must have filed a valid ERC claim with the government
  • Loan value and approval are determined by your expected ERC refund
  • Once loans are approved processing is quick
  • Repayment of the loan begins after your loan funds and ends with a balloon payment when you receive your refund

Contact OFS Today to Discuss Business Financing Solutions!

About the ERC

During the pandemic, Congress passed the CARES Act, creating the Employee Retention Credit (ERC), a powerful tax credit for small and mid-sized businesses. This refundable credit can be claimed by employers on overpayment of payroll taxes paid during the COVID pandemic. Business owners may be eligible for a cash refund from the IRS of up to $26,000 per full-time employee.

Omega Funding Solutions helps you manage your expenses with an infusion of working capital to purchase new equipment, pay talented employees, or expand your business.