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. 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. 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.
Curt Kramer’s company which is the Asher enterprises has been able to provide small businesses with loans which in turn they have been able to exchange the loans with convertible promissory notes. This simply means that you are able to be provided with a loan for your small businesses and in order for you to be able to manage your cash flow, you will not have to pay the loan in cash but instead Asher enterprises have the right to convert the loan to equity using the convertible promissory notes. 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. When Asher enterprises involves itself in funding of the small businesses, they do not see it as an investment alone but also as growth for their community because new businesses means growth to the community. In this guide we have been able to see the relationship of Curt Kramer and small businesses which is a positive one.