1 00:00:00.100 --> 00:00:03.100 Now, I've also talked to a few other people. I talked to 2 00:00:03.100 --> 00:00:06.300 a broker yesterday before the end of the day told me they haven't done 3 00:00:06.300 --> 00:00:09.200 anything with ERC at all. So it's not like every broker is doing it. This 4 00:00:09.200 --> 00:00:12.100 was a big shop. He said they don't do nothing with the OC. Yeah, 5 00:00:12.100 --> 00:00:15.900 and then another who said another who usually does 6 00:00:15.900 --> 00:00:18.300 a lot of factoring deals who is 7 00:00:18.300 --> 00:00:21.300 making a big business out of brokering the 8 00:00:21.300 --> 00:00:24.200 funding of the ERC. So you kind of have all these different angles to it. 9 00:00:24.200 --> 00:00:27.400 Yeah anything it's also interesting because when it comes specifically to 10 00:00:27.400 --> 00:00:30.400 the like the ERC tax credit, it's a 11 00:00:30.400 --> 00:00:33.500 wide range right can go you know anywhere from 12 00:00:33.500 --> 00:00:36.400 a million dollars higher. So it's it's literally like a 13 00:00:36.400 --> 00:00:39.500 wide range of it's a wide net but I think like 14 00:00:39.500 --> 00:00:42.700 we were saying earlier that there is that chance of opportunity, but the 15 00:00:42.700 --> 00:00:46.000 only thing is that the money can come eight 16 00:00:45.400 --> 00:00:48.900 months a year two years. So it's unknown 17 00:00:48.900 --> 00:00:51.000 right now what or how long 18 00:00:51.100 --> 00:00:54.100 it takes and obviously depending the case if 19 00:00:54.100 --> 00:00:57.700 you even gonna get money back because like you 20 00:00:57.700 --> 00:00:59.700 said if you know, they owe money in 21 00:01:00.400 --> 00:01:03.300 If a business owner owes anything to the government, they're going 22 00:01:03.300 --> 00:01:05.800 to use it for that instead. So 23 00:01:07.400 --> 00:01:11.700 Very unique opportunity for those that actually want 24 00:01:10.700 --> 00:01:13.200 to kind of look more into it 25 00:01:13.200 --> 00:01:16.500 because there is a you know, 26 00:01:16.500 --> 00:01:19.300 there is a slot of opportunity for those that 27 00:01:19.300 --> 00:01:22.900 are interested in it and actually doing and working that angle 28 00:01:22.900 --> 00:01:25.800 of of the business. Yeah, the 29 00:01:25.800 --> 00:01:28.900 ERC will not be around forever. That's my understanding people 30 00:01:28.900 --> 00:01:31.200 in the industry are making money off of it in different ways. 31 00:01:31.200 --> 00:01:34.500 They're people who are filing charging Merchants 32 00:01:34.500 --> 00:01:37.600 at fee for filing the paperwork. There are 33 00:01:37.600 --> 00:01:40.500 people who are charging a broker fee for referring them 34 00:01:40.500 --> 00:01:43.300 to a filer. Yeah, right or they're getting a commission for 35 00:01:43.300 --> 00:01:46.200 referring them to a file or they're making money that way there are 36 00:01:46.200 --> 00:01:49.300 businesses. There are fun or companies that are making money by 37 00:01:49.300 --> 00:01:52.600 buying the future receivables. Yeah, someone the 38 00:01:52.600 --> 00:01:55.300 ERC or lending against the RSC and 39 00:01:55.300 --> 00:01:58.400 then there are brokers who are referring people to those companies who 40 00:01:58.400 --> 00:02:01.500 are making commission for just that referral. Yeah, you 41 00:02:01.500 --> 00:02:04.200 can kind of make money in this kind of game four five different 42 00:02:04.200 --> 00:02:06.900 ways different ways and this is to a Merchants benefit.