The positive relationship of Curt Kramer and Small Business Loans
When it comes to starting up a business it not only requires an idea but it also requires the funding of the idea to be able to execute the business that you want to try and this has become a challenge especially for small businesses while starting up. Majority of small businesses and startups find it strenuous to look for capital in order to boost or start their businesses and this is because they do not have enough base that they can be able to show proof of their business success and for this reason nobody is willing to risk their money and so they end up being restricted to only friends and relatives who can be able to assist them to get capital. Curt kramer who used to be a private investor is able to understand the difficulties that small businesses and startups go through and for this reason he founded Asher enterprises to be able to provide funding to small businesses. When it comes to dealing with Asher enterprises, small businesses and startups need not worry because they understand the situation and are able to offer them funding even to those who have already been rejected by banks or simply do not want to go to the banks to get the loans.
Asher enterprises which are owned by Curt Kramer uses a system whereby they provide small businesses and startups with loans and exchange them for convertible promissory notes. The way this works is that have been approved a loan and you are provided the funds to put in your business, Asher enterprises with the convertible promissory notes as security, have the right to exchange these notes to equity which means having shares in your small business. The situation is seen to be a win-win situation because the individual applying for the loan is able to be assisted by the enterprise to be able to make the small business to be successful so that the enterprise can convert the loan into equity and they can both work together to try and improve the company.
Curt Kramer is able to understand that startups and small businesses are not able to put so much on the table when it comes to creditworthiness because they are just new businesses and for this reason they do not put so much emphasis when it comes to creditworthiness of small businesses. Asher enterprises look at this differently because they see it as a way to give back to the community in order for the community to grow. In this guide we have been able to see the relationship of Curt Kramer and small businesses which is a positive one.