How Curt Kramer assists in 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. A larger part of entrepreneurs and small businesses are normally restricted to family and friends when it comes to looking for funding, and this is because they are not able to prove their concept of business well in advance since they are still new in the market and therefore most investors tend to shy off from funding them. As a result of Curt kramer having a background of business he was able to understand the pressures and the stresses that small businesses and startups used to go through as a result of looking for funds and therefore he started Asher enterprises to be able to assist with the funding of 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.
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 use of the convertible promissory notes as security means that after you have been funded with a loan to boost your small business the company has the right to change the amount that you are expected to pay to equity and therefore this would mean that they will have shares to your company. 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 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 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 discussion, we have been able to see the positive relationship between Curt Kramer and small business funding.