Edwing Dangelo, Life is a Runway >
loan terms
- Eligible Business: For-profit small businesses with a maximum annual revenue no greater than $10 million
- Interest Rate: 7.5% fixed interest
- Use of Funds: Working Capital; Capital Assets Acquisition and Debt Refinance (to be paid directly to creditor)
- Loan Term: 60 months term
- Fees: 1% closing fee and related third party fees
requirements
- Locations: Eligible businesses must operate within Florida, Georgia, Michigan, North Carolina, Illinois, Indiana, Kentucky.
- 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
flexible spending
- Working Capital
- Capital Assets Acquisition
- Debt Refinance (to be paid directly to creditor)
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.
