The relevance of Curt Kramer and Small Business Loans
Entrepreneurs and individuals who want to start new businesses or startups normally find it difficult because of the capital that may be acquired and they may not be in a position to acquire any capital for them to start up the business that they would like. 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. Coming from an entrepreneurial background Curt Kramer who was initially a private investor came out to assist small businesses and startups through funding them since he was able to understand the difficulties that they were going through. 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. 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 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.