Commercial Finance Partners Finances More Than $150MM in Employee Retention Credits

Commercial Finance Partners has qualified and financed more than $150 million in Employee Retention Credits. The company also has expanded the financing program to include larger credits in excess of $10 million.

“As one of the first firms to offer financing and factoring of the Employee Retention Credit, we are thrilled to hit another milestone,” Darren Palestine, managing partner of Commercial Finance Partners, said. “Many of the small businesses we assist are still feeling the impacts from COVID and the funding of the credits has provided a boost and a healthy injection of capital at a much needed time.” 

Commercial Finance Partners provides funding solutions for small to middle-market companies through direct lending and partner programs. Its product offerings include accounts receivable financing, SBA 7a and 504 lending, asset-based loans, equipment financing and real estate loans.