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. 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. 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. When it comes to dealing with Asher enterprises, small businesses and startups need not worry because they understand the situation and are able to offer them funding even to those who have already been rejected by banks or simply do not want to go to the banks to get the loans.
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. 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 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.
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 try to improve the growth of its community and it does this through the funding of small businesses. In this discussion, we have been able to see the positive relationship between Curt Kramer and small business funding.