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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

The pandemic has impacted all our communities, but it has been especially hard on Washington’s smallest businesses and nonprofits. Supported by the Washington State Department of Commerce, the Small Business Flex Fund is designed to help small business owners and nonprofits access funds at a competitive interest rate so they can bounce back stronger than ever.

requirements for the Washington FlexFund:

APPLYING IS SIMPLE.

    • Fewer than 50 employees
    • Annual revenues of less than $3 million
    • Experienced direct economic hardship due to COVID-19

 

LOW INTEREST RATES.

  • Borrow up to $150,000
  • No fees & interest-only payments for the first year
  • 3% – 4.5% interest rates
  • 60 & 72-month loan terms
  • 72-month loan term only available until 12/31/21

 

LOAN USE IS FLEXIBLE.

  • Payroll
  • Utilities & rent

apply online or
call 866 245 0783.

Learn more here.

A truly small business-friendly loan

The Small Business Flex Fund is a simple, low interest, and flexible loan for Washington’s smallest businesses and nonprofits. At Ascendus we are proud to be a trusted lending partner for this new loan program.

The pandemic has impacted all our communities, but it has been especially hard on Washington’s smallest businesses and nonprofits. Supported by the Washington State Department of Commerce, the Small Business Flex Fund is designed to help small business owners and nonprofits access funds at a competitive interest rate so they can bounce back stronger than ever.

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.

It’s great that our business can be a platform for people to be supportive and connect with each other.

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