Level Up Your Business Today
Join the thousands of people like you already growing their businesses and knowledge with our team of experts. We deliver timely updates, interesting insights, and exclusive promos to your inbox.
Join For FreeERC Funding LLC specializes in ERC refunds, ERC advances, and audit assistance. Read on to see where it excels -- and where it falls flat.
Total Rating | 3.1 |
---|---|
Fees2.0 | |
Features3.6 | |
Refund Process & Timeline4.3 | |
Customer Service1.8 | |
User Reviews0.0 |
On 1/10/24, IRS Commissioner Daniel Werfel announced that the IRS is continuing to improve and automate ERC review procedures and will begin processing new ERC claims in the spring following the moratorium implemented in September. Existing claims are still being processed and eligible businesses can still submit an ERC claim through reputable ERC companies to be processed when the moratorium ends. Visit our full breakdown of the ERC pause for the latest information.
Table of Contents
ERC Funding LLC is a New Jersey-based company that specializes in the Employee Retention Credit. This company emphasizes maximizing ERC refunds while ensuring compliance with IRS guidelines. The company notes that it has helped hundreds of clients, including Archadeck Outdoor Living, Dunkin’ Donuts, Sonic, and Noodles & Company.
ERC Funding has a fast and easy ERC claims process, helping its clients to submit ERC claims in as little as one week. ERC Funding also provides ERC advances to eligible businesses that can’t wait several months or longer to receive their refunds from the IRS.
ERC Funding LLC specializes in helping eligible business owners claim the Employee Retention Tax Credit.
Fees2.0 |
---|
ERC Refund Fees 0.7 |
ERC Consultation Fees 5.0 |
ERC Funding isn’t transparent when it comes to fees. The company does not provide any details as to the amount that it charges for its services. This isn’t particularly unusual for an ERC company. However, many companies that don’t disclose their ERC fees upfront at least have a few user reviews that indicate whether the fees or competitively priced or too expensive. Unfortunately, ERC Funding doesn’t have any such reviews. This had a negative impact on our rating.
ERC Funding does disclose that fees are paid after the ERC refund check has been disbursed.
If you’re looking for an ERC company that is more forthcoming with its pricing, Innovation Refunds and Lendio both have transparent, competitive pricing fees.
Features3.6 |
---|
ERC Services 4.0 |
Additional Tax Services 0.0 |
ERC Funding LLC specializes in ERC, so businesses searching for a more comprehensive tax or financial solution will want to look elsewhere. However, if you’re searching for a company that helps you maximize your ERC, you may find what you’re looking for here. The number of features, including ERC advances and audit support, contributed to ERC Funding LLC’s solid rating in this area.
ERC Funding LLC offers:
Refund Process & Timeline4.3 |
---|
Ease Of Refund Process 3.8 |
Speed Of ERC Processing 5.0 |
ERC Funding has an easy process for claiming your ERC refund. The first step is to fill out a quick online form to get in touch and find out if you qualify for ERC. If you qualify, you’ll submit documentation and information to ERC Funding.
Once all information has been submitted, ERC Funding will calculate your refund. Finally, the company will assist you with filing your claim with the IRS, which will then issue your check.
ERC Funding states that it generally files claims with the IRS within one to three weeks. Once submitted, the IRS may take anywhere from a few months to a year or longer to disburse funds. ERC Funding does offer ERC advances, which allows you to receive your funds in just a few weeks instead of waiting for the IRS to issue a check. Fast processing times and the availability of ERC advances contributed to the company’s high rating.
Customer Service1.8 |
---|
Personal Support 3.6 |
Self-Service 0.0 |
ERC Funding leaves a lot to be desired in terms of customer service. The company doesn’t provide a phone number to get in touch and has a limited social media presence. Lacking these basic forms of communication brought the company’s score down for customer service.
ERC Funding LLC Customer Service | Availability |
---|---|
Phone Support | |
Email Support | |
Support Tickets | |
Live Chat | |
Dedicated Support Representative | |
Knowledge Base or Help Center | |
Videos & Tutorials | |
Company Blog | |
Social Media |
ERC Funding does have an email address, an online form to get in touch, and a LinkedIn profile. There is also an additional form that can be used to see if you qualify for ERC. The company also has a blog and videos that provide useful information about the ERC.
User Reviews0.0 |
---|
Customer Feedback 0.0 |
Review Site Aggregate 0.0 |
Unfortunately, ERC Funding LLC doesn’t appear to have any user reviews on independent review sites, which negatively impacted our rating. The company does, however, have a handful of positive testimonials on its website.
As the company doesn’t have any online reviews, there aren’t any specific complaints to address. However, some issues that customers may face include:
ERC Funding LLC has a few positive testimonials on its website. These customers most liked the company’s:
ERC Funding has a few good things going for it. It has a fast and easy claims process and typically submits claims to the IRS within one to three weeks. Its ERC advance buyout program also provides fast funding to businesses that can’t afford to wait months for their refund checks to arrive. It also doesn’t require upfront fees for its services, and it will assist with ERC reviews or IRS audits.
However, there are a few concerns worth noting. The company doesn’t disclose its phone number, so potential clients can only get in contact through email or via an online form. The company has a very limited social media presence, and user reviews are nonexistent — except for the few testimonials posted on its website.
It doesn’t hurt to reach out to ERC Funding LLC to learn more about its services and fees, but make sure to compare your options. Start your search by checking out our list of the best ERC companies before committing.
We spend hours researching and evaluating each ERC company that we review at Merchant Maverick, placing special emphasis on key characteristics to generate our service provider ratings.
When rating ERC companies, we use a 22-point rubric that looks at fees, features, refund process and timeline, customer service, and user reviews. We weigh each section differently to calculate the total star rating.
Each section is further broken down into granular, weighted subsections, in which we look at specific attributes, like whether reduced fees are available for upfront payments, the availability of ERC loans and advances, audit protection, and no-cost ERC consultations.
Learn more about how we rate ERC providers.
Your Free Corporate Card 💳
Ramp offers a free corporate card and finance management system for small businesses. Start earning rewards with your corporate spending today.
And start earning
Your Free Corporate Card 💳
Ramp offers a free corporate card and finance management system for small businesses. Start earning rewards with your corporate spending today.
And start earning
Let us know how well the content on this page solved your problem today. All feedback, positive or negative, helps us to improve the way we help small businesses.
Give Feedback
Want to help shape the future of the Merchant Maverick website? Join our testing and survey community!
By providing feedback on how we can improve, you can earn gift cards and get early access to new features.
Help us to improve by providing some feedback on your experience today.
The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
"*" indicates required fields