Get money to pay IRS business taxes

Does your business need money to pay business taxes?     Funding programs are available that cover federal IRS taxes, state taxes and local taxes.     The money can also be used to pay quarterly tax payments , OIC offer in compromise settlements, and income tax settlements.

Contact us below or follow the “Howto” section, steps and tips to getting funds to pay business back taxes here:

Identify business funding programs that offer money to pay IRS Taxes, including business back taxes, tax liens and OIC, offer

in compromise, and tax settlements.

If your business has the cash flow, select programs are available to satisfy the need to pay your specific tax debt.  Tax debt and liens of all amounts are usually considered by these specialty programs.  Some may require additional collateral such as real estate, listed stock, or other collateral that covers the amount of the tax debt.   Open tax liens over $10,000 are more difficult to get funding for without collateral.

After evaluating, choose the program that is most likely to provide the funding needed for your business to pay and satisfy the required tax debt.

Choose the program to pay business tax debt
Choose the program to pay business tax debt

Contact the lender.  Check features, benefits and program requirements.  Ask about restrictions, including what is needed for approval and closing.

Check features, benefits and program requirements
Check features, benefits and program requirements

When you determine your business meets the requirements, apply for funding.

When you determine your business meets the requirements for a loan to pay business taxes, apply for funding.
When you determine your business meets the requirements for a loan to pay business taxes, apply for funding.

For any offers made, review the full terms and determine if your business can make the payments.   If so, provide the items needed by the funder to close the transaction.

Secure DocuSign 30 second app to pay IRS taxes here
Call us at Tel:  1-919-771-4177, or Question? 

F.A.Q. Frequently asked Questions:

Do I have to be in a payment plan?

Your business does not always have to be in a business tax payment plan. Being in a payment plan helps, and may be required, but it is not always required. This is especially true if the amount of the delinquent tax is under $10,000

Do I have to provide information on the payment plan?

If you or your business has a payment plan, it is better to provide the payment plan documentation.   Doing so will help you secure the funding you need.

What if I have an open tax lien?

Programs are available to handle and allow you or your business to payoff an open tax lien, if approved.   Whether an offer can be made depends primarily on the amount of the open tax lien, the cash flow of the business, and the owner’s credit score. Other factors include the average daily balance of the business, the time in business, and if the business has NSF or overdraft history.
If the cash flow and revenues of your business show that you can handle the payment amount needed for funding to payoff the open tax lien, then your business has an excellent chance of being approved.

How long does it take to get the funding?

Processing time from application to funding on approved requests, to funding is 2-3 days in most cases.

What if I have a lien on my credit?  Can I get funding to pay the IRS if there
is a lien on my credit?

Having a lien on your credit is usually not the deciding factor and you still often have an excellent opportunity to get funding. The cash flow of the business and being able to provide documentation on the lien is more important. The information from the IRS on the lien will provide all the details needed on the lien
With programs that specialize in making Business loans to pay taxes, the applicant can have a tax lien on their credit report. The lien can be on any bureau report, Equifax, TransUnion, or Experian. Click on the application above to apply for a program in which there can be a lien on your credit. The owner can use the funds to pay off and satisfy the lien.

Is the tax lien paid off at closing with proceeds, or do I payoff and satisfy the IRS tax lien?

This will vary from one program to another. In most cases, you are funded into your business checking account. You then use the funds to payoff and satisfy the IRS Federal Tax lien.
A stipulation for closing may be to provide details on the lien and underwriting may issue funds directly to payoff the IRS lien. This may be the case for federal BUSINESS tax liens, state tax liens or local taxes.

Do I need collateral for a business loan to pay back IRS taxes?

You do not have to have collateral to try to qualify for funding to pay an IRS business taxes with most programs.
If you do not qualify for programs that do not require collateral, there are programs available that consider and use commercial real estate with enough equity, or other assets.

How to get money for Payroll

Get money for payroll today.   Same day funding available.  If your business is interested in how to get money for payroll immediately, call us or apply now below:

Complete the secure Docusign Get money for Application now.
Or call us at Tel:  1-919-771-4177, or get Money Payroll here.

How to get money for payroll: How to step, how to direction, and how to tip:

  1. Step 1 Review your payroll needs.  Calculate how much you need, for how long and how soon.
  2. Step 2 Get your business financial information together.   This includes an interim or monthly profit and loss statement, copy of your monthly payroll, tax returns and bank statements.
  3. Step 3 Look for payroll finance companies that meet your needs and requirements.
  4. Step 4 Contact qualifying companies and request their qualifying criteria.    Match and prioritize your needs with company that meet your criteria and can qualify with.
  5. Step 5 Once approved, review terms and contact.  If accepted, provide all closing documentation and complete transaction.
    Received funds for payroll into your business checking account.

F.A.Q.’s, Frequently asked questions, comments and requests.

Need money for payroll asap.  Can you fund payroll today?
Answer:  In many cases, yes.   If you qualify and apply before 2 P.M., same day funding may be possible.

How to get money for payroll asap. Fast payroll financing.
Get money for payroll same day or next day. Use the financing each time you need funds for payroll.

We may need money for payroll again. Can we use this financing in the future to financing payroll?

Yes. You can use the financing like a line of credit. You borrow, repay and reuse the line again.

“How long can we borrow the money for?”

Terms are usually 30 to 90 days. Options are available for longer term if your business qualifies.

How can you get money for payroll?

Find companies that offer company payroll financing.

Find out what their requirements are.
If qualified, apply.
Once approved, provide all closing documentation required.
Receive funds into your business checking account.

More F.A.Q’s. frequently asked questions:

What if I have 1099 contractors and are not official employees of the company?

Indicate this when applying.    There are programs available to financing your employees if they are 1099 employees.

I only need payroll financing this time and do not expect to need it in the future.  Can I get longer term payroll loan?

There are longer term programs  if you believe your company will rarely need payroll financing in the future.   Terms available are monthly and can be financed for as long as three to five years.

Is credit important when applying for payroll financing?

Credit is not a main factor in payroll financing.   The strength of your business and cash flow of your business is more important.

If I do not qualify for payroll financing, are there other programs available?

If your business does not qualify for payroll financing, there are other programs you may qualify for to meet payroll.

These include the following:

Bank statement loans
Loans based on the cash flow of your business.   If your business generates more than $7,500 per month in deposits and has more then 4 deposits per month.

Accounts receivables financing
If payroll financing cannot be obtained, another option is also accounts receivables financing.  If your business is waiting more than 2 weeks to get paid on invoices and needs funding within one or two days, consider accounts receivables financing.    Get paid approximately 75% of the face value of the invoice immediately.   Once the company you have invoiced pays, get the remainder less a 1% to 4% fee.

We are struggling to meet payroll by the end of the week. Can you fund payroll by the end of the week?

Payroll funding can be provided by then end of the week. Apply now above.

How to get money for product orders

How to get money for product orders: How to step, how to direction, how to tip:

  1. Step 1 Determine how much money the business needs.
  2. Step 2 Find a funder that specializes in business funding for product orders.
  3. Step 3 Contact the lender and find out the approval criteria.  If your business meets the criteria, apply.
  4. Step 4 If approved and terms are acceptable, gather required closing documentation to fund loan.

Get money for product orders now.   Call below for assistance.

Complete the secure Docusign Product Order Application Now
Or call us at Tel:  1-919-771-4177, or 30 Second Application

F.A.Q.’s: Frequently asked questions, comments and concerns:

“Need money for product”. “How can I get money for product orders”
Answer: Work with a program that specializes in getting money to businesses for product orders. Many lenders do not offer this specific type of financing but may offer a financing product that is a bad fit for your need to get a business loan for product orders that you need asap.

Can I get a loan for product orders the same day?
Answer:  Funding may not be available the same day.   If approved, funding can take place within 2 or 3 business days.   After your company has completed the job, you may qualify for accounts receivables financing.

Question:
What is looked at for product order financing?
Answer:  Some of the main things that are looked at to qualify for product order financing include:
The quality of the company your business is providing product for.
The likelihood that the company your business is providing product for will pay after the product has been received.
The strength of your company.   Does your company have the financial strength to withstand not being paid for 30 to 60 days after delivering the product?
Can you qualify for accounts receivables financing?
After product has been delivered, your company will send out an invoice.  If the company that has received the invoice has a history of waiting 30 to 60 days to pay, then they will also be looked at to qualify for A/R financing.

How to get money to stay in business

“I need money to stay in business”. “I need working capital to keep my business open. ”  What are my options on how to get money to stay in business and keep your business open?

There are several options most businesses have an excellent chance to qualify for.   Join the many funded business owners that could not get funded before.  Contact us below now.

Complete the secure Docusign 30 Second Application now.
Or call us at Tel:  1-919-771-4177, or get money to stay in business.

How to get money to stay in business:

  1. Step 1 Calculate your recent cash flow numbers.  This includes monthly gross and net income.   Look at your assets and your credit.
  2. Step 2 Find lenders that offer funding programs based on your numbers and your strengths.
  3. Step 3 Apply for the program that you determine best fits your company’s profile and has the best chance for approval.

Consider all loan options to make sure you are not missing any opportunities for funding.   You may be able to get funding through programs you were not aware are available.

How to get money to stay in business
Get money to stay in business by matching your strengths to company programs.

 

F.A.Q. – Frequently asked questions and requests:

Question:

Where can I get a business loan to stay in business?

Answer:

Alternative funders are the best places to get funding when your business is struggling.   If your business is having problems, a regular bank will very unlikely approve your business for funding.
If you have proof of income for your business, such as bank statements or business tax returns, you may get funding based on revenues, such as a bank statement loan.

Question:

I’ve tried to get funding and have been declined.   Why would this be different?

Answer:

This approach focuses on how you have gone about looking for funding.    Randomly applying based on presentation and what the representatives have told you are usually not the best funding programs for your business.

Some funders focus on better credit.  If your credit is not good, you may have been declined for credit.    It may have been better to apply with a lender that focuses on tougher credit customers.

Some lenders focus on programs that give more value to businesses that have strong assets or strong cash flow.  If your business does not have either of these then you may have applied for the wrong programs.

Matching business loan programs to your company’s strengths is critical.   Make a mental list of your company’s strengths.   This will give you a blueprint from which to work when you decide on lender.

Question:

Should I just apply once I have found the lender that seems to match?

Answer:

Call the company and discuss your needs with them first if you have time.   Tell them about your business and also what your strengths and weaknesses are.

Ask the company about their programs first to make sure they are not trying to match up their products to your business when they may not be a fit.

Question:

What if this does not work and I still cannot get loan to save business?

Answer:

You can call us and we will help you figure out if you may be missing opportunities.  Another type of funding may be best.   If you truly cannot qualify, then it is time to think about other options.

Final options after business loan decline:

Final options after business loan declines include:

  1. Adding a strong owner and sharing ownership.   This can bring in money and credit.
  2. Change your business model
  3. Scaling back your business
  4. Major expense cutting.
  5. Temporarily closing your business.

These options may allow you to work around the problem and get back up and running in the short term.

It may also be a good time to change your business model.   You do not have to change your entire business model immediately.   You can do this over the course of a few months and transition into a new business line.

Consider if adding a person to the business to bring in some money as a co-signer may work.   This can be someone who becomes another owner.   If they have good credit, the may be able to co-sign for a loan for the business.      These are more ways on how to get money to stay in business.