The target client for this service is a Business Loan with
Lower floor: 12 full-time W-2 employees (anything smaller likely isn’t worth the effort).
Upper ceiling: 500 full-time W-2 employees (anything bigger isn’t eligible for the ERC).
Best Prospect: 300 - 500 employees
NOTE: 95% of current clients have taken part in the Payroll Protection Program (PPP)
The industry verticals that we have had success with to date are:
- Gyms / fitness centers
- Spas / salons / massage stores
- Daycare centers / education centers / behavioral centers
- Healthcare organizations: Inpatient/outpatient clinics / large specialty practices (orthopedist, urology, dermatologist), as well as ALFs, home healthcare, and more
- Professional services: providers (e.g., medical as most medical offices qualify under non-elected procedures)
Construction, real estate, software - the stuff that boomed during the pandemic.