The relevance of Curt Kramer and Small Business Loans
Starting businesses is one of the most challenging activities that entrepreneurs and other startup business individuals have to face due to the capital that may be required for them to start up the business. Majority of small businesses and startups find it strenuous to look for capital in order to boost or start their businesses and this is because they do not have enough base that they can be able to show proof of their business success and for this reason nobody is willing to risk their money and so they end up being restricted to only friends and relatives who can be able to assist them to get capital. 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 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 as positive for both the person applying for the loan because he is able to be assisted by the enterprise in order to ensure that the small business becomes a success since the enterprise has interest of converting the promissory notes into equity to the business.
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 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.