Ascendus

Ascendus has two primary programs, the largest of which is the provision of microloans and development services to micro-entrepreneurs. The organization serves low-to moderate-income, minority, immigrant and women entrepreneurs, populations that lack access to mainstream credit sources. With access to credit, our clients go on to build assets, grow household incomes and create jobs for themselves and others within their local communities.

Ascendus is a certified community advantage lender under the u.s. small business administration. Through this program, Ascendus offers small business loans ranging from $50,000 to $250,000 and technical assistance to small business owners in the fourteen states in which it is registered (ct, de, fl, ga, ma, md, nc, nh, nj, ny, pa, ri, sc, va).loans are partially guaranteed by the sba and have terms up to 10 years, providing Ascendus the flexibility to lend to growing small businesses, without sacrificing the affordable payments that make our loans accessible to underserved businesses.