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. Most business entrepreneurs and startups normally have limited sources of funding because they do not have previous experience to show how the business can perform and for this reason they normally look for money from family and friends. 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. Due to the pressures that small businesses and startups have been going through, Asher enterprises have been able to provide a solution for them especially for those who have been rejected by the banks or just simply do not want to go to the banks because they know they will not qualify for a loan.
The process which is used by Asher enterprises involves providing small businesses with loans and then exchanging them with 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. This ends up being a win-win because both parties will work tirelessly hard to ensure that they succeed that is both the individual applying for the loan and also Asher enterprises will be eyeing for success of the company.
Curt Kramer really understands small businesses limitations when it comes to funding and this is why they do not look at the creditworthiness of the business because they know it is a small business or a startup and therefore the only thing that you may be having are your assets and this is something that you would not want u risk in the name of a loan. Asher enterprises try to improve the growth of its community and it does this through the funding of small businesses. In this discussion, we have been able to see the positive relationship between Curt Kramer and small business funding.