“To me, working with children runs in my blood. I love kids and can’t imagine working with anyone else. They are amazing, unique, and honest. Teaching them and seeing them grow is what motivates my work.”
– Evelyn Catalina Sanchez
With 40% of businesses being women-owned, Ascendus is proud to celebrate March as Women’s History Month and recognize all of the female small business owners like Evelyn, who we’ve had the pleasure to know and provide funding for.
Owning a business has its rewards and challenges – tax season being one of them. This month, we’re sharing eight tax write-offs you might not know about to help you save during tax season. These deductions can be claimed by sole proprietorships, LLCs, C-corps, S-corps, and partnerships.
Did any of these surprise you? For more tips on lesser-known tax deductions, check out this article by nerdwallet, or this article by TurboTax.
Click to watch, and learn more about the incredible businesses that successfully navigated the pandemic with Ascendus.
Jessie’s Nutty Cups combines freshly roasted peanut butter and Belgian chocolate into a deliciously nutty, two-bite treat. Offering a variety of flavors, they’re sure to satisfy chocolate and peanut butter lovers alike!
Suman Shah began Fork on a Road after experiencing a few life-changing events. Offering meal kits and spice blends inspired by her family’s Indian cooking, as well as the practice of Ayurveda, you’ll find her meal kits are packed with nourishing flavors and ingredients.
Mari + Ana Foods in Miami offers delicious soul-filled foods and beverages from Spain, both online and by catalog. Their high-quality, gourmet offerings are sure to satisfy.
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 Vermont.
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Supported by the Connecticut Department of Economic & Community Development, this fund links Connecticut small businesses and nonprofits to financial support.
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Qualified Businesses can be found nationwide, excluding Vermont. If you have been in business for more than three years, you can access up to $20,000 in fast-track financing at the same interest rate within 48 hours. No paperwork is needed to apply.
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Loans up to $15,000 in financing for rideshare businesses are offered at 9.99%. Qualified businesses will be in CT, MA, ME, NH, NJ, NY, or RI.
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Access a line of credit up to $10,000 in fast-track financing at a 13.99% interest rate.
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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 business. The Get Ready Line of Credit starts at $500 for the first 6 months and grows to $5,000 with good repayment and completion of a credit action plan. Offered at 13.99%. Business must be in FL, NY, NJ (city of Newark excluded), CT, MA,
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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.
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One-on-one Personal Finance Coaching where and when you need it, available through our partnership with Trust Plus, a national nonprofit with three decades of experience.
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Equity Alliance for Business seeks to meet the needs of business owners with 51% or greater ownership by women or people of color and all their intersectionality, including the LGTBQIA+, veterans and disabled communities, who may not qualify for access to capital with traditional underwriting standards. The program offers: local 1:1 banking relationships, credit solutions including a special purpose credit program, supplementary financial products & services, access to other tools & resources.
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Looking for more business resources? Check out our curation of resources designed to help minority-owned businesses flourish.