Munirat lamina, AB Laurels, Saugus, MA >
Finding the money to finance a startup is one of the toughest tasks a new business owner can face. Many financial institutions generally don’t lend money to businesses without an abundant credit history, a proven track record of at least two or three years, and/or an owner’s equity stake in the business. While you may have an extraordinary idea for a business and even a solid business plan, working with a business mentor is required before applying.
Loans are available up to $10,000 at 4.00% interest rates! Businesses must be in Connecticut, Florida, Maine, Massachusetts, New Hampshire, New York and Rhode Island.
Before you apply for a startup loan with Ascendus, it’s important you are aware and prepared. Please review our requirements carefully:
Business plans and financial projections should be reviewed by a community organization in order to qualify. Ascendus works closely with community organizations like your local Small Business Development Center (SBDC) or SCORE to help you prepare to start your business.