How Curt Kramer assists in 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. 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. 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.
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 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. 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.
We can say that Curt Kramer really gets what small businesses and startups to go through when it comes to funding for their business and this is why they do not pay much attention to the creditworthiness of the business because they know that the business is just starting and is not able to prove much when it comes to creditworthiness. Asher enterprises try to improve the growth of its community and it does this through the funding of small businesses. In this talk we have been able to see how Curt Kramer is able to involve himself in small business funding.