William Noel Blog

Are you a gig worker or self-employed? Are you having a difficult time financially? Do you need cash immediately? A cash advance for business could be just what you need if you find yourself experiencing a short-term cash flow problem. Working as an independent contractor, freelancer, a gig worker, or being self-employed can be a terrific way to earn additional money or a living, but it can also be challenging. Let's face it; money emergencies can come up at any time when you're self-employed or a gig worker. We know acquiring a loan is not easy from traditional banks, especially if you have a bad credit rating. That is why we offer an alternative to traditional loans. Traditional small business loans require you to submit tons of forms, submit documents and wait days or weeks for a decision. Our cash advance for business can help cover those unanticipated expenditures that can't be funded with a traditional bank loan. And our financial institutions don't have a minimum...

Employers may be eligible for the Employee Retention Credit (ERC), established by the Coronavirus Aid, Relief and Economic Security (CARES) Act. The ERC provides up to $5,000 in credits for each employee retained during a specified period of time. To qualify for the credit, employers must meet two criteria: 1. Employers must have been in business prior to February 15, 2020, and either have full or partial operations suspended due to governmental orders related to COVID-19 or experience a significant decline in gross receipts during a calendar quarter compared with the same quarter in 2019. 2. Employers must retain employees through December 31, 2022 and not reduce payroll costs below 90% of what was paid from March 13, 2020 to June 30, 2020. Employers who meet the qualifications for the ERC can apply during 2021 and 2022 for a credit worth up to 80% of qualified wages paid in each quarter, with a maximum credit of $10,000 per employee per year. The credit is available no matter how man...