Receive Up To $26,000
Per Eligible Employee
Was your business affected by Covid-19? Are you still feeling the impact from it? Banterra has partnered with Innovation Refunds, an expert FinTech provider to help you unlock more government incentives and substantial cash refunds! Your business may qualify for up to $26,000* per Eligible Employee on your payroll with the Employee Retention Credit.
Get Your Refund Estimate In Five Simple Steps:

Step One: Open a Banterra Business Checking Account. Already have a Banterra Business Checking Account? Skip to Step Two. | 
Step Two: Qualify by filling out the 12 minute application. | 
Step Three: Upload documents to Innovation Refund's secure portal. | 
Step Four: Get your docs reviewed by their specialized CPAs. | 
Step Five: Check your projected refund amount for FREE! |
Employee Retention Credit FAQs
What is the ERC - Employee Retention Credit?
ERC is a payroll tax refund born out of the same COVID relief bill as PPP which incentivized businesses who kept employees on payroll during the pandemic. Originally, companies were limited in their ability to claim either PPP or ERC but not both. In early 2021 the rules changed and now your business can claim ERC even if you received PPP funds. That’s great news.How is ERC different from PPP?
PPP was a forgivable loan. ERC returns to the business payroll taxes they already paid. Once you receive the ERC funds from the US Treasury no further action is required on your part.How do you know if you qualify?
The rules provide two different ways to qualify based on negative impacts from COVID. In 2020 and/or 2021 did your business experience either: (a) limitations of commerce, travel or group meetings, or (b) a significant decline in revenue? If you answered yes to either of these, your business may qualify.My business was profitable or deemed essential, can I still qualify?
Absolutely! Both Essential and Non-essential businesses alike can qualify, and a decline in revenue is not required. Many of our clients even had increases in sales, but still experienced disruptions or were negatively impacted.What If I've been told my business does not qualify?
Our team has already recovered over $1 billion dollars in refunds that businesses were entitled to. Many times for companies who were previously told they didn’t qualify. It won’t cost you a penny to see how much we can recover for you.How is the refund calculated?
Determining the proper amount that you’re entitled to is a complex accounting process that requires an expert analogous to an Orthopedic Surgeon or Cardiologist. One of the reasons that we choose Innovation Refunds is that their expert CPAs and Tax Attorneys determine, for free, exactly how much money your business is eligible to receive. Helping businesses to properly unlock these government incentives is Innovation Refunds’ specialty.How long will it take to get my refund?
The process will be completed within 30 days of receiving your documents. You’ll receive refund checks from the US Treasury in 5-8 months depending upon backlog. The longer you wait, the longer it will take!Is there a cost?
For Banterra customers, there is no upfront cost to determine if your business qualifies. Innovation Refunds on average invests 14 hours of expert CPA/Attorney time, at their expense, to determine your eligibility. You will never be charged for this time. If you decide to move forward, Innovation Refunds merely shares in a percentage of the money that you receive from the government.How much time do you have?
We all know that government funded programs are subject to change. Time is of the essence. As of today you can obtain these funds but for how long remains uncertain. PPP, Restaurant Revitalization, and other funds ran out without notice. Don’t delay; be sure to claim your spot in line and receive the funds rightfully owed to you.
* Subject to Tax Evaluation by Innovation Refunds. Pre-qualification is not a guarantee of approval. Banterra Bank is not affiliated with Innovation Refunds and makes no representation or warranty as to the quality, accuracy, or reliability of Innovation Refunds website. To deposit the funds with Banterra, you must open a Banterra Business Checking Account if you do not already have one.