Asher Enterprises Assists Small Businesses Facing Major Costs It is growing more expensive all the time just to keep doors openand operations moving forward--but a New York investment companycalled Asher Enterprises is seeking to help small businesses thatare unable to obtain conventional loans. NEW YORK, NY, May 08, 2012 /24-7PressRelease/ -- It is often saidthat small businesses are the backbone of the American economy, yetfor many small business owners, it does not always feel that way.Some small business owners can feel as though they are takenadvantage of, particularly by larger corporations that seek toexploit tax loopholes. A recent CNBC report draws attention to thisphenomenon. According to the report, small business pay the price,literally, when larger corporations don't pay their fair share; inlight of this, more and more small businesses are seeking financialassistance, not just from conventional lenders but also from smallbusiness investors like Asher Enterprises, Inc. According to the report, many large corporations choose to useoffshore tax havens to shield some of their assets. While thistactic may save them money, it is ultimately bad news for thesmaller companies that are left to pick up part of the tax burden.In fact, the report indicates that, if small businesses had to makeup the full tax dollar amount lost to big corporations abusingoffshore tax havens, the amount would total more than two thousanddollars per company--a tremendous expense that could provedetrimental to some startup companies and small businesses. The increasingly high taxes that many small businesses are forcedto pay come on top of their regular operational expenses, which canthemselves prove quite high. Because of this, many small businessseek financial aid. Some turn to banks, but Asher Enterprises, Inc. offers an alternative. In fact, the investment company, whichseeks to help promising, small companies, specifically courts thosesmall businesses that have either been rejected by banks, or choosenot to partner with conventional lenders. The company says as much in a statement just released to the press."Asher Enterprises, Inc. prides itself on providing capital toall those companies that are ineligible or rejected fromconventional banks and/or investment firms," goes thestatement. Ultimately, this is good news for small companiesstruggling to get by, but especially for those that are facinghigher-than-expected tax payments. The CNBC report, meanwhile, quotes Dan Smith, an executive withU.S. PIRG, the group that conducted the new study on corporate taxhavens; Smith's conclusion is that small businesses and consumersare the ones penalized by the abusive actions of bigger companies."When corporations shirk their tax burden by shifting profitslegitimately made in the United States to offshore tax havens likethe Caymans, the rest of us must pick up the tab through eithercuts to public spending priorities, higher taxes, or moredebt," notes Smith. ABOUT: Asher Enterprises, Inc. in Great Neck, New York, is a privately owned investment companydevoted to lending money to small-cap businesses. These loans aretremendously beneficial to small businesses seeking to keep up withgrowth and development costs. The company provides funding derivedsolely from its own assets and accounts, not from third parties orconventional lenders. Asher Enterprises is committed to its visionof being an important financial ally to its borrowers, helping themto grow their companies and ultimately reach their full potential,all while maximizing shareholder values. --- Press release service and press release distribution provided bywww.24-7pressrelease.com. We are high quality suppliers, our products such as China Wire Storage Cage , Cable Tray System Manufacturer for oversee buyer. To know more, please visits Wire Storage Cage.
Related Articles -
China Wire Storage Cage, Cable Tray System Manufacturer,
|