Edwing Dangelo, Life is a Runway >
loan terms
- Between 36 and 60 months
- Borrow up to $150,000
- Fixed, competitive interest rate for the life of the loan (Interest rates are determined by the length of the loan and will not exceed 12%)
- No origination fees
- No prepayment penalties
- No specific collateral required
requirements
- Operate in the state of New Jersey
- Have fewer than 50 employees
- Have an annual revenue of $10 million or less
- Have been in business for at least one year prior to the date of application
- Demonstrate the ability to repay the loan through cash flow
- Business or nonprofit
flexible spending
- Payroll
- Supplies
- Rent
- Utilities
- Marketing
- Advertising
- Other business expenses
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.
