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Employee Retention Credit (ERC)

A Stimulus for Your Business

The Employee Retention Credit (ERC) is a tax credit available for small business owners, LLC’s, S-Corps or 1099 employees. Similar to the $1,200 stimulus check taxpayers received, this credit is designed to help small businesses during these trying times.

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APPLY FOR SMALL BUSINESS COVID-19 RELIEF TODAY!

Questions? Visit our ERC Frequently Asked Questions page or check out What Documents Are Needed for the application.

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LEARN IF YOU'RE ELIGIBLE FOR THE ERC

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Qualify for up to $500k in funding in as little as 24 hours

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  • Employee Retention Credit (ERC) under the CARES Act

The ERC is not a loan, it is a tax credit, meaning that it does not have to be repaid. In the first stimulus, businesses were only allowed to claim one of the PPP or the ERC, not both. That rule has been changed, and now businesses can claim both funding opportunities, providing much-needed relief and help.

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It’s not a loan

You don’t need to worry about paying this back, or tracking how you use it. The money is yours

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Applying is easy

Our expert team will take care of all the details. We just need some information from you

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Will not run out

Unlike the PPP, funding is unlimited. Anyone who qualifies and applies, will receive their credit

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LEARN ABOUT THE EMPLOYEE RETENTION CREDIT (ERC)

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16,000+

Small Businesses Funded

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$632 M+

In Financing

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24 hour

Financing Time

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1,000+

Industries

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7+ Years

Experience

Client Testimonial

My business was in a rough spot and I was under a lot of stress. It was starting to seem like no one could help me with my financial struggles. Horizon Business Funding was recommended by a business owner in my area, and it proved to be the best option out there. While other companies made the process of accessing financing seem like an uphill battle, the Horizon team came through for me right on time. Thank you!
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Drew R.

Fayetteville, GA

How Do I Know If I Qualify?

The IRS will be looking for your business to meet one of two key factors to qualify for the ERC:

  • A decrease in revenue over a specified quarter. To retroactively claim the credit for 2020, you must show a decrease of 50% or more over any given quarter. For 2021, you only need to show a 20% decrease in revenue, and if this revenue decrease happens in both Q1 & Q2, you can claim the ERC twice.
  • A “Full or Partial” Closure of your business. This can include local governmental restrictions or mandates restricting the number of employees or customers in your workplace, disrupted operations (keeping 6 feet from clients), being forced to work from home, or completely closing your business operations for an extended time period.

 

Questions? Visit our ERC Frequently Asked Questions page or check out What Documents Are Needed for the application.

 

Ready to start? Apply here

LEARN MORE

LEARN MORE ABOUT THE EMPLOYEE RETENTION CREDIT (ERC)