We provide clients with innovative funding solutions
Accounts Payable & Accounts Receivable
Accounts payable (AP) and accounts receivable (AR) funding solutions can provide many benefits for businesses.
- AP financing allows a company to pay its suppliers early in exchange for a fee, which can help improve relationships with suppliers and secure better terms.
- AR financing allows a company to receive funding based on its outstanding customer invoices, often providing an early cash flow boost to the receiving entity.
Both types of financing can help a business manage its cash flow more effectively and fund growth without taking on additional debt.
These solutions can provide insight into a company's creditworthiness and financial standing, which may help it to unlock additional future financing to service its wider needs.
Employee Retention Credit
Intero provides an advance funding solution for eligible employers across the United States that qualify for IRS Employee Retention Credits (ERC).
We help companies access their qualified refund by advancing funding against these tax credit receivables. This allows companies to deploy these funds within their organization, be it for current operations or future growth.
The ERC is a refundable tax credit that can be claimed by eligible employers who were negatively impacted by the COVID-19 pandemic.
Contact Us if you would like to find out more about this solution and how it may benefit you as a preparer of ERC claims, or as an eligible employer waiting for a refund.
ERC FAQ
Through the use of our proprietary, secure platform, we onboard you as an applicant to evaluate your submission to the IRS in order to determine the advance funding offers that may be available to you, based on your quarterly submissions.
Our platform is tailor-made to provide a seamless and easy-to-use environment for you to apply for your funding and receive cash in your account within days.
The Employee Retention Credit is a tax credit for employers based on qualified wages paid to retained employees during the pandemic.
When an appropriate governmental authority imposes restrictions on the employer's operations due to COVID-19 such that the employer's operations were fully suspended, or where operations could still continue, albeit in a restricted capacity.
A business can receive up to $26,000 per employee, dependent on your specific scenario.
Yes. We work closely with ERC preparers across the US to structure bespoke advance funding solutions that can be deployed within their client base, adding a valuable funding solution to their service offerings, and differentiating them from other preparers in this space.
Employers that carried on operating a trade or business during calendar years 2020 and 2021, including tax-exempt organizations, that either fully or partially suspended operations due to COVID-19 or experienced a significant decline in gross receipts during a calendar quarter.
In its simplest form, for 2020, the significant decline in gross receipts test is satisfied if the business had a greater than 50% decline in gross receipts for qualifying quarters compared with comparable quarters in 2019. For 2021, the significant decline in gross receipts is satisfied for qualifying quarters if the business had a greater than 20% decline in gross receipts compared to comparable quarters in 2019.
Tax & Government Credit Funding
Tax credit programmes are government-approved initiatives that allow businesses to receive a tax credit for certain activities, such as investing in renewable energy or hiring veterans. These programmes incentivize businesses to engage in socially and environmentally beneficial actions while also reducing their tax liability.
We help companies access the capital they need by advancing them the cash value of their tax credits before they receive the actual credit from the government.
Our solutions focus on tax credits that are either refundable or transferable, and include R&D tax credits, renewable enery tax credits, and other federal and state tax credit programmes that meet these criteria.
Other Solutions
Traditional Finance
Intero is also involved in strategic debt and equity funding initiatives, often relating to renewables / impact projects.
Debt funding involves companies or projects borrowing money from lenders, such as banks or bondholders, and repaying the borrowed amount plus interest over time.
Equity funding, on the other hand, involve the sale of ownership stakes in a company to investors who, in return, receive a share of the company's profits and a say in its management decisions.
Both debt and equity funding can be used to raise capital for current business operations or future expansion / growth.
Project finance is a method of funding specific projects or ventures by attracting investors who are willing to provide capital in exchange for a share of the project's revenue or profits. This type of funding is often used for large-scale infrastructure projects, such as building renewable energy plants.
Digital Ecosystem
Intero is focused on playing a key role in the evolution of the digital ecosystem. A number of current initiatives:
Decentralized Finance (DeFi) liquidity pools are digital platforms where users can supply assets to be pooled together and traded by other users. By providing liquidity to these pools, users can earn a portion of the trading fees generated from the pool.
Blockchain validators are nodes that verify and validate transactions on a blockchain network, often in exchange for a reward in the form of cryptocurrency. Both liquidity pools and validators offer opportunities for passive income generation and investment diversification.
Lastly, real-world Non-Fungible Tokens (NFTs) represent ownership of a unique physical asset, such as a piece of art, real estate or a collectible item. Stored on blockchain, this technology creates opportunities for provenance tracking, secure ownership records and high value asset tokenization.
Carbon Credits
Intero is also involved in real world projects centered on carbon credit data capture and associated value realisation.
Investing in the codification of the end-to-end carbon credits value chain on the blockchain offers a unique opportunity to be a part of the fight against climate change while also potentially reaping financial rewards. By using blockchain technology, the validation of carbon credits and the associated data can be securely and transparently recorded, reducing the risk of fraud and making it easier to track the movement of carbon credits. Additionally, by using smart contracts, the process of buying and selling carbon credits can be automated, further increasing efficiency and reducing the potential for errors.
One of the main benefits of this investment opportunity is the increased trust and transparency that blockchain technology can provide. This can help ensure that carbon credits are being used for legitimate emissions reductions and not being double-counted. It also means that validation of the carbon credits and blockchain data will be tamper-proof and not subject to litigation in the future.
Overall, investing in the codification of the carbon credits value chain on the blockchain is a way to be a part of the solution to climate change while also potentially earning a return on investment. It's a way to make a positive impact while also making smart financial decisions.
