EPS Financial
Leading with CHOICE More Options. Better Solutions.
As an industry leader in tax-related financial products, we pride ourselves on low-priced, efficient, and streamlined Refund Transfer programs1, Taxpayer Advance Loans2, Tax Office Loans3, as well as simple, low-cost credit, debit and ACH processing - designed for the tax industry.
Product Descriptions
We believe that an informed customer is an EPS customer!
Trusted by more than 50,000 tax offices and backed by a 98% return rate, EPS delivers the reliability and support tax professionals depend on season after season.
Our surveys reveal that 98% of our partners are likely to stick with us. Once you join EPS, you won't want to leave – we make sure you and your clients are always our top priority.
Choose from 3 distinct industry-leading Refund Transfer programs:
Additional terms and conditions apply. See here for details
No-Cost Loans of $250, $500, and $1,000; 36% APR on Loans Between $1,250 to $7,500
With our Fee Advance Program3, you can get 50% of your prep fees, up to $300 the next business day once the IRS accepts the tax return.
Join the thousands of tax offices leveraging our industry-leading funding solutions. Last tax season, we issued more than $2 billion in Taxpayer Advance Loans and approved $150 million in Tax Office Loans.
Call 877-801-4411 or complete our contact form to see what's possible for your business.
More Information
To sign up to provide bank products, sign in to the Drake Support website and select Account > Bank Application.
1. The Refund Transfer is an optional tax refund-related product offered by Pathward®, N.A., Member FDIC. The Refund Transfer is not a loan. E-filing of tax return is required to be eligible for the product. Subject to approval. Fees apply. See terms and conditions for details.
2. The Refund Advance is an optional tax-refund related loan provided by Pathward®, N.A., Member FDIC (it is not the actual tax refund) at participating locations. Program availability and loan amounts may vary based on state and software provider. The amount of the loan and applicable interest will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer. Fees for other optional products or product features may apply. Tax returns may be filed electronically without applying for this loan. Loans offered in amounts of $250 (where available), $500, $1,000, 25%, 50%, or 75% of your expected tax refund up to $7,500, with interest-based applicants receiving an average of $2,003.41; $7,500 available only to well-qualified applicants with a minimum expected tax refund of $9,569. Underwriting standards subject to change. When calculating the amount of your loan, the amount of your “expected” tax refund may be affected by any refundable tax credits and fees. Loans in the amounts of $250, $500, and $1,000 have an Annual Percentage Rate (APR) of 0.00%. Loans in the amounts of 25%, 50% or 75% of your expected tax refund have an APR of 36.0% with a minimum loan of $1,250. For example, $2,500 loan representing 50% of expected refund borrowed over 31 day term, total amount payable in a single payment is $2,576.44 including interest. Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards.
3. Office loan availability dependent on ERO enrollment approval and eligibility criteria. Terms and conditions apply.
e-Bonus - EPS will pay a $8 rebate for each funded check and direct deposit disbursement and $16 for each card disbursement. An additional rebate of $4 will be awarded for each additional funded deposit on any disbursement. Funding is defined as any taxpayer return funded by IRS or state that covers the entire e-Bonus product price of $39.95 (account set up fee) or subsequent $14 (additional deposit fee) and was funded between the start of e-File and April 30, 2027. The rebate will be sent to the tax professional via ACH between June 15-30, 2027. EPS reserves the right to withhold any rebate funding if the tax professional owes EPS money from duplicate checks, excessive loan loss, fraud, enrollment status, or other issues. Rebate availability varies by state and software.
All trademarks not owned by Drake Software, LLC (“Drake Software”) that appear on this page are the property of their respective owners, who are not affiliated with, connected to, or sponsored by Drake Software.
Frequently Asked Questions
What refund transfer programs does EPS offer in Drake?
EPS offers three refund transfer programs in Drake: e-Collect (low-cost RT), e-Bonus (high-incentive RT), and e-Advance (no-cost tax preparer advance RT program). Compare EPS alongside Republic, Santa Barbara TPG, and other partners on the bank partners hub.
What taxpayer advance loans does EPS offer?
EPS offers no-cost taxpayer advance loans of $250, $500, and $1,000, plus larger loans from $1,250 up to $7,500 at 36% APR. Pre-acknowledgment advance loans are available starting Jan. 4; see how advances work in Bank Products for Tax Professionals.
What is Fee Assist?
Fee Assist lets qualifying EPS offices receive 50% of prep fees, up to $300, the next business day after the IRS accepts the return. Similar in-season fee assist programs are also available through Refund Advantage (Fee Assist) and Santa Barbara TPG (Tax Pro Advances).
What is the difference between EPS e-Collect, e-Bonus, and e-Advance?
e-Collect is EPS's low-cost refund transfer program, e-Bonus is the high-incentive RT option, and e-Advance is the no-cost tax preparer advance refund transfer program. All three are listed on the bank partners hub for side-by-side comparison with other partners.
How much can a taxpayer borrow through an EPS Taxpayer Advance Loan?
EPS offers fixed no-cost advances of $250, $500, or $1,000, and percentage-based advances up to $7,500 at 36% APR for qualifying clients. For comparison, Republic Easy Advance covers $500–$6,000 and TPG Fast Cash Advance covers $500–$7,000.
How quickly does EPS fund an approved refund advance?
EPS pre-ack advances can be available early in season (starting Jan. 4), and Fee Assist pays ERO fees the next business day after IRS acceptance. Exact taxpayer advance funding timing depends on, among other things, product type and EPS approval at enrollment.
Which EPS advance loans have no interest?
EPS no-cost taxpayer advance loans of $250, $500, and $1,000 carry 0% APR. Loans from $1,250 to $7,500 are available at 36% APR; Refund Advantage offers a similar 0% tier at $250, $500, and $1,000.
What happens if an EPS refund advance is denied?
A denied advance does not impact processing of the bank product. The refund will be disbursed through a Refund Transfer without the advance, and your office may continue offering all other approved EPS bank products.