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Florida State Small Business Credit Initiative

Unlock Funding for Your Small Business in Florida

Ascendus’ Florida Program provides accessible and flexible financing to support the growth and success of small businesses across the state. Whether you need working capital, equipment, or funding for renovations, we’re here to help.

requirements:

To qualify, businesses must:

  • Be located and operate in Florida.
  • Have been in operation for at least one year.
  • Employ fewer than 50 employees.
  • Generate less than $5 million in annual revenue in one of the last three fiscal years.
  • Be in good standing with state agencies.
  • Owners with 20%+ ownership must provide personal guarantees.
  • Other conditions may apply

loan details:

  • Loan Amounts: $5,000 – $100,000
  • Interest Rate: 8.99%
  • Terms: up to 60 months

Learn more in our FAQs.

For small business owners who need money to grow their business, Ascendus offers loans from $500 – $50,000.

If you’re in need of financing to start your business, view our resources

“I am incredibly happy, and my family is happy. My daughter loves that she can say, ‘can you pick me up from school?’ and I can finally say yes.” — Kaisha Rodriguez, Le Massage de Kai, Boston MA

 

Read Kaisha’s Story

Since my first loan with Ascendus, I have increased my staff, the number of children I can serve, and raised my credit score by 90 points.

The Ascendus loan kept me from going bankrupt. Through the loan I paid my employees, my rent, my bills, and bought the inventory to keep my restaurant open.

Through the Ascendus loan, I became the owner of my own clinic. Now I can treat whoever I want, whenever I want, in a space that is my own.

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