CARES Act Employee Retention Credit

The CARES Act has allocated more funding for businesses affected during the COVID-19 Pandemic.
This is a grant program. Meaning you do not have to pay back the funds. Use this to pay your employees and get your business back to where it was pre-COVID. If you got the PPP you likely qualify for the ERC program.
Approvals Up To
$
5
M
Terms as low as
WSJ PR + 0% -2%
Approvals as fast as
5
Minutes
Excellent
January 24, 2024
Thanks LOCD!
Their easy application process and fast access to financing through lending partners gave us the working capital we desperately needed to retain staff and promote our business.
Oliver M.
December 16, 2023
Shout out to Matt..
As a small manufacturing owner in Michigan looking to expand, I can't thank Line of Credit Depot enough for providing the financing we needed to upgrade equipment and staff.
Adam O

We Specialize in Bank Lines of Credit & Government Backed Financing Programs like EIDL, PPP, and now...
The Employee Retention Credit Program.

Straightforward time saving application
Take 5 minutes to fill out the online application.
Any questions? Drop Us a Line
Sometimes small business owners like to learn more about the available programs before applying.
See an overview of our programs
Find out how a we can help your business specifically. Rates, terms and requirements.
More Grant Funding by the CARES Act
Not sure if you qualify? Let us help. Line of Credit Depot helps to aid our small to mid-sized business clients in assessing their eligibility and opportunity. To date, Line of Credit Depot has uncovered significant financial relief for our clients that they would have otherwise missed.
Fastest Way to ERC:
Apply with Line of Credit Depot
Line of Credit Depot works with a vast network of banks and lenders enabling access to a faster more streamlined process when obtaining Government Grant Programs, Bank Lines of Credit, Real Estate Back Loans, etc.
  • Much less red tape than traditional process
  • Very little paperwork
  • Speedy process. Takes weeks, not months.

Apply online once and only once.

We make the application process much easier and much more effective by centralizing all the needed information to apply for bank lines of credit nationwide. Save time and headache by only having to apply once.

Wait hours, not days for an approval.

We make the application process much easier and much more effective by centralizing all the needed information to apply for bank lines of credit nationwide. Save time and headache by only having to apply once.

Sign off on your Revolving Line of Credit within 2 weeks.

We make the application process much easier and much more effective by centralizing all the needed information to apply for bank lines of credit nationwide. Save time and headache by only having to apply once.

$364,283.71
Funded Amount
Time Till Funded
0%
Annual % rate
Use of Funds
Construction, 29 employees
Pennsylvania
ERC
5/15/2022
$324,846.66
Funded Amount
Time Till Funded
0%
Annual % rate
Use of Funds
Construction, 30 employees
California
ERC
5/5/2022
$58,255.95
Funded Amount
Time Till Funded
0%
Annual % rate
Use of Funds
Restaurant, 16 employees
New Jersey
ERC
4/18/2022
$213,029.88
Funded Amount
Time Till Funded
0% ERC GRANT
Annual % rate
Use of Funds
Hospitality, 36 employees
North Carolina
ERC
Jan, 2022
$52,455.02
Funded Amount
Time Till Funded
0% GRANT
Annual % rate
Use of Funds
Fitness, 6 employees
Georgia
ERC
12/2021

Apply for Employee Retention Credit