Kymme, Davis-Williams Bushwick Grind, Brooklyn NY >
No FICO minimum! This line of credit product is designed for Black or African American business owners, located in NYC, Michigan, Massachusetts or Florida ready to improve their credit and grow their business. The Get Ready Line of Credit starts at $500 for the first 3 months and grows to $5,000 with good repayment and completion of a credit action plan. Offered at 13.99%. Free tailored credit coaching for all current clients that are interested in our Get Ready Loan product. Training sessions will include credit building, debt management tailored to long- and short-term goals, prioritizing debt repayment, budget assessment, and assessment for current credit building programs.
“Ascendus was the first place that looked at the entire picture. They were the first place that recognized what I had accomplished. It makes a world of difference to have someone believe in you. Ascendus gave me resources, helped me build credit, and helped me prove that I could pay back a loan.” – Emelyn Stuart, Stuart Cinema & Cafe
With the Get Ready Line of Credit Program, clients will receive individual and tailored Credit Coaching from Program Manager Neysa Cruceta. Neysa has been trained in Credit Coaching from Ascendus Master Trainer Andrea Ierace. Training sessions will include credit building, debt management tailored to long-and short-term goals, prioritizing debt repayment, budget assessment, and assessment for current credit building programs.
Ascendus is a nonprofit lender with over 30 years of experience serving entrepreneurs like you. When you contact Ascendus, you’ll meet our experienced staff who will work with you one-on-one to find the best business lending solution for you. We work with a diverse group of business owners and provide a solution when traditional lenders cannot.
Because of Ascendus we were able to continue operations. Ascendus gave us an affordable interest rate, allowed us to offer competitive pay packages, and overall, helped us grow our business.
I started off with a food truck. Now I have two restaurants and another on the way. All because Ascendus gave me that first loan.