In his efforts to assist small businesses, Evan Samlin, the founder of REIL Capital, has successfully facilitated over $25 million in Employee Retention Credit (ERC) across various regions. This credit is available to businesses that have been affected by supply chain disruptions. Determining the impact of government restrictions on the supply chain can be challenging for employers due to the complexity of multiple decrees issued by different governing bodies. Nonetheless, Evan is dedicated to helping these businesses navigate through such complexities and access the necessary support they deserve.

Evan explains that the Employee Retention Credit (ERC) serves as a crucial stimulus program aimed at aiding businesses in retaining their workforce amid the pandemic. Initially introduced as part of the CARES Act from March 2020 to September 2021, this program extends its benefits to both small and mid-sized businesses. By utilizing ERC, employers can effectively reduce their payroll tax expenses and provide vital financial stability to their employees during these challenging times.

When discussing the process of claiming the Employee Retention Credit (ERC), Evan Samlin highlights that it can be claimed retroactively. Eligible employers have the opportunity to receive credits for wages paid during both 2020 and 2021. Due to the intricate nature of the rules and guidance pertaining to ERC, it is advisable to seek guidance from an organization that can provide assistance at every stage of the employee retention credit application. Their expertise can ensure a smoother process and help maximize the benefits available through the ERC program.

Recognizing the importance for small businesses to leverage the benefits of the ERC program, Evan is determined to assist them in accessing this opportunity. Understanding that many small businesses may be unaware of the ERC program, the experts at REIL Capital work diligently to raise awareness and educate them on the application process. By providing valuable guidance, they empower employers to save significant amounts, potentially amounting to hundreds of thousands of dollars, through participation in the program.

About Evan Samlin

Discussing fix and flip funding, Evan Samlin emphasizes that when applying for a fix and flip loan with REIL Capital, clients can expect unparalleled customer service and support. The dedicated professionals at REIL Capital are committed to ensuring a seamless experience for small business owners seeking funding. To make the process as convenient as possible, REIL Capital has streamlined the entire application process by offering an online platform. This approach simplifies the application process, enabling small business owners to access the funding they require with ease.