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The Slingshot Café

Multifunding_Slingshot_buscards_AVERY_BACK_PRINT READYOur blog, The Slingshot Café, is where CEO Ami Kassar gives valuable insights on the current small business trends and how they can impact your business. Read through our blog to learn more about small business loans, financing options and more.

 

A Key to Lowering the Rate You Are Paying For Your Business Loan

Posted on: February 01, 2016

Change Up The Collateral When you are in the market for a business loan, the lender is going to consider your cash flow, credit, and collateral when coming up with your rate and term. Your cash flow and credit are what they are. You can’t change them. Sometimes, the only variable that is up for

Serial Entrepreneurs vs. LifeStyle Businesses

Posted on: January 26, 2016

Let’s call them Flippers and Builders instead Have you ever heard the phrase “lifestyle businesses” in venture capital circles? It has a condescending undertone–those are little companies that might not grow 100 x, so they’re not interested in them. The entrepreneurs who hang out in these circles are often referred to and revered as “serial

The Key to Successfully Raising Money For Your Business in 2016

Posted on: January 25, 2016

Understand Your Audience Are you hunting for money? The key to success might be simpler than your think. Understand what makes your audience tick–and pitch accordingly. Often–entrepreneurs have one pitch in their arsenal and use the same one all the time. This is a big mistake. One distinction that should be made right up front

Are You Currently Raising Money for Your Business?

Posted on: January 18, 2016

Cut to the bottom of it quickly. Are you currently raising money–whether it’s in equity or debt? If you are, you are probably focused on a total amount you are trying to raise. Here is a simple exercise that can get you to the finish line faster. Let’s say you’re currently looking for a $1,000,000. Take

The Federal Reserve Has Finally Raised Interest Rates

Posted on: January 13, 2016

It’s time to check in on your debt, but don’t do anything irrational Last week, for the first time in years the Federal Reserve slightly raised interest rates. For millions of small-business owners across America, this will likely mean a minimal increase in monthly interest expense. If you’re one of these business owners, how should

The Key to Success in Business? Taking Baby Steps

Posted on: January 11, 2016

The temptation to pursue the “big thing” is a part of our business culture. Every time I try to leap across multiple steps in building my business, I land on my rear end. If I choose to take slow and steady baby steps and inch along, I make good progress. Usually, when I try to

What Is Your New Year’s Resolution for Your Business?

Posted on: January 02, 2016

And how will you pay for it ? During this time of year, we think and dream big. We often do this on a personal level. 2016 will be the year that I lose 10 pounds!! Could this be the year that I wake up at five am every day and go to the gym!!

How Much Capital Do You Think You Need for Your Business?

Posted on: December 29, 2015

The Answer Might Be Counter-Intuitive When an entrepreneur calls our loan-brokerage looking for a loan, the first question we ask them is how much money they are looking for and for what purpose? Sometimes the answer is clear and precise. And often it is grandiose and hard to understand. Some entrepreneurs are growing their businesses

Barbara Corcoran’s Seal of Approval

Posted on: December 22, 2015

Don’t Jump So Quickly Friday nights, my family joins millions of viewers who gather around the TV to watch Shark Tank, ABC’s reality TV show where entrepreneurs’ pitch investors, hoping to woo one or more of the investors (the sharks) with their business concept and win the funding that will take their business to the

The Fear of APR Disclosures

Posted on: December 16, 2015

What Merchant Cash Advance and Short Term Online Lender’s don’t Want You to Know? Last week, I found myself in an unexpected Twitter war with Sean Murray @financeguy74, an advocate of the short term on-line lending and merchant cash advance industry. Mr. Murray summed up our battle in a post. The crux of our debate