Get Ready For Credit

Unlocking Credit, Capital, and Confidence
A Case Study on the Get Ready Loan

 

By Ascendus | In partnership with Urban Institute | Funded by MetLife Foundation
📅 Published: September 2025 

 

“They give you the chance, no matter how bad your credit score is.” – Get Ready borrower

 

About the Report

For many entrepreneurs – especially those excluded from traditional financial systems – the challenge isn’t just growing a business. It’s getting a fair chance to begin. 

The Get Ready Loan reimagines financial readiness by pairing small-dollar revolving credit with high-touch, personalized coaching. 

This case study, produced in partnership with the Urban Institute and supported by MetLife Foundation, documents what happens when capital and trust are extended to those historically denied both. 

 

Why This Matters

The Get Ready Loan challenges the idea that financial systems are neutral. It shows that with the right support – credit, coaching, and trust – entrepreneurs once declined can not only access capital but thrive. 

It matters because: 

  • Mobility doesn’t start with capital.
  • Readiness isn’t given. It’s built. 
  • Financial exclusion is a systemic issue. And we’re designing our way out of it. 

At Ascendus, we’re proving that credit isn’t fixed – it can be coached, cultivated, and grown. And when it is, the impact ripples through businesses, households, and communities. 

 

What We Learned:

  • From Declined to Funded: The average Get Ready borrower entered with a credit score of 571 – below most lending thresholds. The program provided access to capital when no one else would. 
  • Good Standing, Greater Access: By March 2024, more than 75% of borrowers were in good standing. Forty-one percent graduated from a $500 line to $5,000, with several accessing even more capital outside the program. 
  • Coaching = Confidence: One-on-one financial coaching strengthened literacy, trust, and resilience – empowering borrowers to make informed decisions and stay on track. 
  • Demand Is Growing: Ascendus staff report a growing pipeline of over 150 interested borrowers, reflecting clear demand and impact potential.
     

How We Did It

To understand the true impact of the Get Ready Loan, we partnered with the Urban Institute to conduct a mixed-methods study. The research combined borrower interviews with credit and program data – capturing both performance outcomes and lived experience. 

Through this approach, we were able to understand not just what the program delivers – but what it makes possible. 

 

Let’s Redefine Readiness – Together

The Get Ready Loan is more than a product – it’s a call to action.
A call to reimagine credit not as a barrier, but as a bridge.
A call to believe that when we listen deeply and innovate boldly, we can design solutions once thought impossible – solutions that move all of us up. 

  • Partner with us 
  • Support Financial Readiness 
  • Contact us for press or inquiries 

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