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. 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. Asher enterprises has been able to provide funding to small businesses and startups that have not been able to get funding from traditional banks or simply that do not want to go and get funding from banks probably because of the protocol that is required.
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 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.