Hedge Funds and Financial Groups Buying ERC Refunds
Hedge funds and financial groups that support Employee Retention Credit (ERC) refunds face the challenge of funding clients who genuinely qualify and possess the appropriate substantiation for their ERC claims. Since these entities derive their revenue from funded files, the fact that nearly 90% of ERC companies and clients' submissions lack proper substantiation significantly reduces the pool of viable submissions. ERC Repair addresses this issue by ensuring that these files are adequately substantiated, thereby assisting hedge funds in handling a more substantial number of files. This, in turn, increases their profits significantly by expanding the pool of eligible and well-substantiated ERC claims.
Hedge funds and financial groups that have financed files with inadequate substantiation face the risk of not receiving payouts. This poses a significant threat to their portfolio of clients, potentially resulting in losses amounting to hundreds of millions of dollars.
By entrusting ERC Repair to thoroughly substantiate these files, the financial risk for these groups can be mitigated while also increasing the number of approved files. This would significantly contribute to their bottom line.