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Biz2Credit ERTC Loan Review

Reviews 14,959
Biz2Credit ERTC
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Biz2Credit ERTC
Biz2Credit ERTC
Reviews 14,959
Bestmoney Staff
May. 15, 2023
3 min read
BestMoney Staff
Biz2Credit ERTC Summary
Biz2Credit is a small business lender that has funded more than 250K small businesses. The company offers loans for businesses that have applied for the Employee Retention Tax Credit (ERTC) and are waiting for their payment from the IRS, which can take 6-12 months. To get your cash up front, you can borrow up to 65% of the value of your expected ERTC credit, and you only have to pay back the interest on your loan until your ERTC payment arrives.


  • Borrow against the value of your ERTC credit
  • Only pay interest until your ERTC payment arrives
  • Apply online in minutes


  • Doesn’t help file for the ERTC (but can refer you to a partner)
  • Maximum loan amount is 65% of expected ERTC payment

Biz2Credit ERTC at a glance

Editorial score

Online experience

Has learning resources, access to rates, mobile app

Customer services and support

Multiple ways of reaching lender, wide range of hours

Variety of loan types

ERC loans

Loan amount range

Loan amount $500K+


Loans available to most credit types, revenue levels, and businesses

Biz2Credit ERTC Biz2Credit ERTC Visit


Biz2Credit is a small business lender that has helped fund more than 250,000 businesses since it was founded in 2007. The company offers a variety of loan options, including term loans, working capital, and commercial real estate loans.

Biz2Credit recently introduced a new ERTC loan that’s designed to provide cash upfront for businesses that are waiting to receive an ERTC payment from the IRS. The IRS estimates that it can take 6-12 months to process ERTC payments.

The company’s ERTC loan offers up to 65% of the value of your expected ERTC payment as cash upfront. You only have to pay back the interest on your loan for the first 12 months or until you receive your ERTC payment, whichever is sooner. 

To qualify for Biz2Credit’s ERTC loan, your business must have already submitted an ERTC application to the IRS. Biz2Credit evaluates candidate businesses using the same process as for standard small business term loans and requires a minimum credit score of 600.

Why Biz2Credit Is Good For Your Business

The ERTC can be worth a lot of money to small businesses that were impacted by the pandemic. However, the IRS can take up to 12 months to process payments. During that time, your business can’t access the expected ERTC funds to expand operations, make payroll, or do anything else.

However, Biz2Credit’s ERTC loan enables you to access funds from your ERTC payment up front. Once approved, the funds will be in your bank account within a few days, so you can start investing in your business right away.

In addition, because you only have to pay interest on your loan until your ERTC payment arrives (up to a maximum of 12 months), your payments are relatively small. This enables you to spend most of the cash from your loan on your business instead of on loan repayments. 

What’s more, you don’t have to worry about overspending funds. Biz2Credit provides an escrow account so that your loan is paid off automatically when your ERTC payment arrives.

Loan Features

Biz2Credit’s ERTC loan allows you to borrow between $25,000 and $6 million, up to a maximum of 65% of your expected ERTC payment. To qualify, you must already have applied for the ERTC and have a credit score of 600 or better.

  • Borrow up to 65% of the value of your ERTC payment

  • Only pay interest on your loan for up to 12 months or until your ERTC payment arrives

  • Loan is automatically paid off when your ERTC payment arrives

  • Apply online in less than five minutes

Application Process

You can apply for an ERTC loan with Biz2Credit online or over the phone. The online application process is very fast and takes less than five minutes. You’ll need to provide information about your business, including what industry it’s in, details about all of the owners, its annual revenue, and its address. You will also need to link your business bank account or upload bank statements.

At the end of the application, most business owners will receive an initial approval decision immediately. If you are approved, you will be able to see your rate. A Biz2Credit loan officer will need to review your application before you can close the loan, so it can take up to a few days for funds to reach your account.

How Much Can You Borrow? 

Biz2Credit allows you to borrow up to 65% of the value of your expected ERTC payment from the IRS. The minimum loan size is $25,000 and the maximum is $6 million. The main requirements are as follows:

  • Must have a pending ERTC application with the IRS

  • Must have a minimum credit score of 600

  • Must have been in business since at least February 2020

Repayment Terms

Biz2Credit’s ERTC loans can have a term of up to several years. However, the loan is designed to be automatically repaid when your ERTC payment from the IRS arrives. That could be in as little as a few months.

For up to 12 months, you only need to pay back the interest on your loan, not any of the principal. Biz2Credit does not specify a minimum or maximum interest rate for its ERTC loan, but you can see your personalized rate after you apply online. 

How Safe Is It? 

Biz2Credit has been offering small business loans since 2007 and has worked with more than 250,000 businesses across the United States. The company has a 4.6-star rating on Trustpilot after more than 14,000 reviews.

Biz2Credit secures its online application with Secure Sockets Layer (SSL) encryption. The online platform uses Yodlee, a secure online banking service, to connect to your business bank account.

Help and Support

Biz2Credit offers customer support by phone and email from 9am-6pm (ET), Monday-Friday. The company’s website also has an online knowledge center with educational guides that explain how small business loans work.

Phone: 800-200-5678

Email: info@biz2credit.com


Biz2Credit is an established small business lender that offers a specialized loan for businesses waiting to receive their ERTC payment from the IRS. You can borrow up to 65% of the value of your expected ERTC payment, and you only need to pay interest on your loan until your payment arrives. You can apply for Biz2Credit’s ERTC loan online in a few minutes and get an application decision immediately.

Physical Address

Biz2Credit, Inc., 1 Penn Plaza, 31st Floor, New York, NY 10119

Biz2Credit ERTC Biz2Credit ERTC Visit


This review was created using information from the Biz2Credit website and Trustpilot.

BestMoney Staff
Written by
Bestmoney Staff
Our editorial staff consists of writers who are knowledgeable about financial services. We specialize in simplifying the process of choosing the right provider for your needs.
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Trustpilot reviews
See what some customers are saying about Biz2Credit ERTC
Excellent • Reviews 14,959
We upload 100 to 400 Trustpilot reviews to our website daily, displaying them by default from "best" to "worst". You have the option to adjust the sorting criteria. If you wish to see all reviews, you can visit Trustpilot's website here.
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Krish K
3 days ago
Thank you
Thank you. This is timely and very helpful. The process was thorough but not very painful, and did not take too long. All in all it was a good experience.
customer care services
3 days ago
Customer care services
Customer care services
4 days ago
A Simple and Effective Funding Source For Your Business
I was in need of a boost to my business capital in order to increase marketing budget. Biz2Credit was able to quickly provide understandable and effective funding with easy to understand terms. Manush and Mark were a pleasure to work with, I would recommend them to anyone. Thank You!
Eric C
6 days ago
Super fast and easy
Bizcredit was by far the easiest to work with. Within 48 hours they had us approved and funds in our account. Highly recommend them.
Yamilet Oliver
6 days ago
excellent services
excellent services