Inoussa Campaore, Zaca Café LLC, Brooklyn, NY >

products and programs

Looking for COVID-19 resources? Ascendus has compiled a list for you.

Southern Opportunity And Resilience (SOAR) Fund

The Southern Opportunity And Resilience (SOAR) Fund provides 4% loans up to $100,000 to small businesses and nonprofits to navigate and rebuild from COVID-19.  Businesses qualify located in Alabama, Arkansas, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia and the District of Columbia.

New York Forward Loan Fund (NYFLF)

Governor Cuomo announced the launch of the New York Forward Loan Fund (NYFLF), a $100 million dollar program designed to support small businesses in New York State that have not received disaster relief funds.


As of 11/16/2021 funds for this program have been depleted and applications are no longer being accepted. Please view our Microloan product instead.

Washington FlexFund Program

The Small Business Flex Fund will provide low interest loans of up to $150,000 to small businesses and nonprofits through lenders like Ascendus

Restaurant Futures Loan Program

0% loans up to $50,000 with only $25 monthly payments for the first 12 months for restaurants dedicated to creating safe and equitable work environments for their employees.  Must be located in CA, FL, GA, DC, IL, LA, MA, MI, NJ, NY, OH, PA, TX, or WA.

Small Business Loans / Microloans Up to $150K

For small business owners who need money to start or grow their business, Ascendus offers loans from $1,000 – $250,000. If you’re looking for a loan above $150,000, check out our SBA Community Advantage product.

SBA Community Advantage Loan $50k-$250k

SBA Community Advantage loans range from $50,000 to $250,000 and are for established businesses with less than 100 employees or partially funded start-up businesses that need a large loan to scale.


Due to COVID-19, our resources are limited and this program is on hold.  Please consider our other programs or join our email list so we can alert you when this program is available.

Childcare Fast Track Loan

Access up to $20,000 in affordable licensed childcare financing in 48 hours. No paperwork required to apply! Also, receive personalized support to boost your childcare business.


Due to COVID-19, our resources are limited and this program is on hold.  Please consider our other programs or join our email list so we can alert you when this program is available.

Start-Up Loans

Ascendus helps new business owners with funding for purchasing inventory, buying or leasing equipment, professional expenses, hiring employees and many other expenses involved with being an entrepreneur.

Due to COVID-19, our resources are limited and this program is on hold.  Please consider our other programs or join our email list so we can alert you when this program is available.

Trust Plus

TrustPlus is a confidential personal financial coaching service available to the small business community and their workers. TrustPlus coaches will work to help demystify personal finance with empathy, providing on-demand, one-on-one support, and expert guidance by creating a tailored Financial Action Plan to meet personal financial goals. Coaches are available via phone, SMS, and video chat and can help with debt management, credit repair, budgeting, connecting to resources & benefits that support financial stability, and much more!

To get started simply sign up for a confidential session and take the first step towards financial empowerment with your very own financial coach.

Paycheck Protection Program (PPP)

The Paycheck Protection Program (PPP) was a forgivable loan program that ended on May 28th.  PPP was part of the federal government’s COVID-19 response to support small businesses.

step it up with an Ascendus business loan.

Whether you are looking to take your current business to the next level or launch the next big idea, we’re here to help you fund your path to success.

The process was easy and very convenient, it was perfect.

I’ve had customers for 15 years, since I started out of my home. People keep coming back and many have become my good friends. I come to the store always happy.

The experience of working with Ascendus was awesome, particularly the excitement they showed in my progress and in my business.

frequently asked questions

Questions? We’re here to help. We want to make getting a loan from Ascendus as easy as possible. So, we want to share the top questions we get asked and answer them for you.

how important is my credit score in qualifying for a loan?

Credit is just one of many factors that we look at when we work with business owners. If your credit isn’t well established or damaged, we can work to find strengths in your business or finances to make the loan possible. In some cases, we have firm requirements such as amount in past due debt, bankruptcies and credit score minimums. So please check our loan requirements to see if we are a good fit for you.

does ascendus offer services other than loans?

Local businesses choose to work with us for more reasons than just access to loans. Our staff will go the extra mile for you throughout your application process, the life of your loan and beyond. We can help you connect with peers, local organizations, banks and more to provide as many opportunities for growth as possible. You can call us any time and connect with a live person. And of course, you can access our business resource library anytime.

what makes ascendus different from other financial institutions?

Ascendus is a nonprofit, community organization dedicated solely to helping small business owners succeed and communities thrive. We are often able to lend to small business owners who have trouble finding loans elsewhere thanks to our smaller loan sizes, a process that looks at more than just a credit score, and terms that are designed to best meet your needs.

what types of businesses does ascendus lend to?

Ascendus works with businesses in a variety of different industries such as construction, transportation, retail sales, landscaping, restaurants, professional services and more.

Ineligible Industries: Real Estate, Adult Entertainment/Materials, Drug Paraphernalia, Distribution, Sale or Manufacturing of Firearms: Non-FDA Weight Loss Products, Traditional Lending Institutions, Alternative Lenders, Check Cashing, Factoring Organizations, Non-Bank Cash Advances, Pawn Shops, Non-Profit Organizations, Non-U.S. Companies, Collection Agencies, Currency Exchanges, Precious Metal Sales, Investment Opportunities, Gambling Establishments, Lotteries/Raffles, and pyramid or multilevel sales plans

will my startup business qualify?

Ascendus has worked with thousands of start-up businesses across the country. Our start-up loans require that you have an outside source of income (other than the business) to support the loan. Startups are required to have a partner verified business plan with a 12-month cash flow projection. Check our loan requirements Start-Up to learn about our specific start up loan prerequisites. To find a partner near you, click here

what is the application process like?

Once you submit your online application, we’ll be in touch within 2 business days to let you know if you’re a good fit for Ascendus. If you are, you’ll be put in touch with a lending team member who will work with you one-on-one to assemble the strongest loan application possible. This will include documentation to confirm some of the information submitted in your application, as well as some other documents to help us understand your specific business situation as best we can.

what if I don't qualify?

If you don’t qualify for a loan with us at this time, we’ll give you the information you need to improve your business and financial situation so that you have an improved chance of qualifying on your next application. Typically, you’ll be eligible to reapply in three to six months.

how much should I apply for?

When thinking about how much you should apply for, consider the following: Loan Use – What will I use the loan for specifically and do I know how much that costs? Monthly Payments – Will I be able to comfortably afford the monthly payments that will come with the loan? Click here to check out a monthly payment calculator.

how to calculate the interest rate?

If you want to calculate the monthly interest rate click here

are ascendus loans guaranteed by my business or personal credit?

Ascendus loans are always personally guaranteed. We never take your home as collateral but may ask for a cosigner or collateral such as a vehicle or piece of equipment to add strength to your application.

Have a question not addressed in our FAQ? Speak to our chatbot on the right or Contact Us for more information.

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loan amounts

Our term loans range from $500 to $250,000. We’ll work closely with you to determine how much is needed to move your business in the right direction.

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credit requirements

Your hard work and determination are valued at Ascendus. Our loan officers take the time to get to know you, accounting for strengths beyond just your credit score.

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fair rates

We’re in business to see you succeed. Our loans are fairly priced and flexible. Everything is laid out for you so it’s simple and easy to understand every step of the way.

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our process

Our online application is quick and easy and puts you on a faster track to getting you the funds you need. Once that’s complete, one of our loan experts will work with you one on one to craft a custom solution.

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