At Ascendus, we believe that financial education is the foundation of entrepreneurial success. Whether you are launching your first venture or preparing to grow, understanding how credit cards work—and how to use them wisely—can make a real difference.

Let’s break it down together and support you in taking clear, informed steps forward.
This Way Up. 🪜

💳 Credit Cards: More Than Just Plastic

When used with intention, credit cards can be valuable tools for small business owners. For example, they can help you:

• Build or improve your credit score
• Manage short-term expenses
• Access emergency funds
• Separate business and personal finances

However, they come with risks. Without a clear strategy, interest charges and debt can grow quickly.

That is why education and guidance matter. With the right support, you can use credit as a tool—not a trap.

📚 Understanding the Basics

Before applying for a credit card, it is helpful to understand a few key terms:

• Annual Percentage Rate (APR): This shows the cost of borrowing if you do not pay your full balance each month.
• Credit Limit: The maximum amount you can borrow on the card.
• Minimum Payment: The smallest amount you must pay each month. Keep in mind that paying only the minimum can keep you in debt longer.
• Rewards & Perks: Many cards offer cashback, points, or travel rewards. Still, these benefits only help if you avoid carrying a balance.

🧠 Want to dive deeper? Explore the Consumer Financial Protection Bureau’s credit card guide for easy-to-understand tools and comparisons.

🌱 Building Your Credit with Confidence

Over time, good credit habits can open doors. They can help you access better financing, grow your business, and make future goals possible.

To build credit wisely:

• Pay your full balance on time every month
• Keep your usage under 30% of your credit limit
• Review your statements regularly to catch errors or fraud early
• Choose a card with clear terms and benefits that match your needs

The good news is, you do not have to do this alone. Our certified Loan Consultants are here to guide you every step of the way.

How Ascendus Supports Your Credit Journey

At Ascendus, we offer more than just loans. We support small business owners with:

• One-on-one coaching from certified credit specialists
• Tools to understand and strengthen credit
• Access to flexible and responsible loan options
• A long-term approach to building financial confidence

In addition, we focus on expanding access to capital and education—especially for entrepreneurs who have been left out of traditional systems.

📣 What Comes Next?

Now that you understand the basics, what is your next step? If you are ready to strengthen your credit and move forward with confidence, our team is here to support you.