As we close out 2023, it’s the perfect time to reflect on some of the insights and resources we’ve shared to support your business journey. Join us on this end-of-year recap as we revisit essential tips and resources from our previous newsletters:
- Legally Protect Your Business: In our earlier newsletters, we emphasized the significance of legally safeguarding your business. Revisit our article on legal protection tips from an expert in the field to ensure your business is protected.
- Maximize Tax Deductions: With the 2024 tax season not too far away, leverage our tips on tax deductions for small businesses to minimize tax liabilities and optimize your deductions.
- Empower Growth with Small Business Loans: Ascendus offers a range of loan solutions tailored to your business needs. Explore how our loan offerings can fuel your business growth.
- Unlock the Potential of AI: Dive into the world of ChatGPT/AI with our insights on leveraging AI to streamline operations, create content, and enhance customer experiences.
- Time-Saving Tools for Efficiency: Explore our recommended tools and resources designed to save time and boost productivity within your business operations.
- Enhance Your Online Presence: Discover strategies to improve your online presence and expand your reach in the digital landscape.
- Diversify Payment Methods: Embrace alternative payment methods to cater to diverse customer preferences during transactions.
In addition to these insights, we’re thrilled to share six more success stories from our clients who have ascended in their entrepreneurial journey with the help of Ascendus. Check out Stories of Ascension 2023!
We aim to help your business thrive through financial ascension, and we’re grateful for your continued support and trust. Stay tuned for more valuable content in the upcoming year!
Click to watch, and learn more about the incredible small businesses that are focusing on providing an impact, making a difference in their communities, and the journey up.
Kindred Spirit Gifts is a small business with the tagline “gifts of gratitude, gifts with attitude”. They opened their doors in October 2018 with a mission to support female-led businesses and vendors who support social causes.
Paper Fiesta is your one-stop-shop for eco-friendly paper products, fabulous party decorations, and that perfect last-minute gift for the “hostess with the mostest.”
LOAN PRODUCTS AND EVENTS:
Need a loan, line of credit, or just some personal finance coaching to help your business grow? Check out these products and resources designed for your needs.
Business Term Loan
For small business owners who need money to grow their business, Ascendus offers loans from $500 – $50,000. Qualified businesses will be located nationwide, except in Vermont.
New Jersey Capital Access Fund
Borrow up to $150,000 at a fixed, competitive interest rate for the life of your loan. Available only to small businesses located in the state of New Jersey.
CT Small Business Boost Fund
Supported by the Connecticut Department of Economic & Community Development, this fund links Connecticut small businesses and nonprofits to financial support.
Childcare Business Development
Qualified Businesses can be found nationwide, excluding Vermont. If you have been in business for more than three years, you can access up to $25,000 in fast-track financing at the same interest rate within 48 hours. No paperwork is needed to apply.
Rideshare Business Term Loan
Loans up to $15,000 in financing for rideshare businesses are offered at 13.99%.
Business Line of Credit
Access a line of credit up to $25,000 in fast-track financing at a 13.99% interest rate.
New York Forward Loan Fund 2.0
Up to $150,000 with a fixed interest rate for the life of the loan. Eligible to New York small businesses only.
Entrepreneurs of Color Fund
Loans up to $250,000. Eligible to small business owners in any state, excluding Vermont. Must be 51% or more owned by an entrepreneur of color.
“Get Ready” Business Line of Credit
No FICO minimum! This line of credit product is designed for African-American small business owners ready to improve their credit and invest in their businesses — $5,000 offered at 13.99%.
Ascendus Credit Coaching
Free tailored credit coaching for all current clients who 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.
Microinsurance
$50,000 Term Life and $50,000 Accidental Death and Dismemberment Insurance offered at no cost to you with your loan. Only available to new clients located in New York City.
Eastern Bank Equity Alliance
We are thrilled to be working with the Equity Alliance for Business, which is designed to advance growth opportunities for underserved business owners and entrepreneurs with specialized banking offerings specifically for underrepresented women, people of color, and all of their intersectionality, including LGBTQIA+, veterans, and disabled communities. At a recent fireside chat, business, and community leaders shared unique perspectives about solutions aimed at shaping a path forward for diverse businesses across the Commonwealth.
Looking for more business resources? Check out our curation of resources designed to help minority-owned businesses flourish.