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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.


5 Tips When You Are Looking for a Business Loan

Posted on: November 27, 2015

Does it Matter if Your Lender is On-Line or Off-Line? Small business borrower beware. When you’re taking a loan, you’re putting your future on the line, and you will be responsible for paying it back. And while getting it on-line might be the fastest, easiest and most convenient way to do it–it could also be

5 Key Differences Between Online Business Lenders

Posted on: November 25, 2015

As a small business, it is important to understand your loan options. Online lending for small-business owners has quickly become a big (and largely unregulated) business, with Morgan Stanley estimating that these lenders will lend out $7.9 billion this year. And with the increased activity, regulators in Washington are starting to open their eyes and

Does “Factor Pricing” Make Sense?

Posted on: November 23, 2015

Or is it a convenient way to disguise 100% APR loans? Forbes recently interviewed OnDeck CEO Noah Breslow and-the day before his third quarter earnings call-gave him an opportunity to address many of the criticisms hurled at his company and the short term on-line lending industry. As usual, Noah gave an eloquent defense. At the

Do You Want to be a Unicorn?

Posted on: November 19, 2015

The Dream Could Send You Down the Wrong Path I recently returned from a business trip to San Francisco, where I met some firms that are blasting off, t-minus 10. They are well-funded, chock full of venture capital and equity investment. They are on their way to star-spangled stardom, but for now they have little-to-no

5 Questions You Need To Ask Your Prospective Lender

Posted on: November 19, 2015

You Need to Be Sure the Lender is a Good Match for You. When you meet a lender to discuss your loan application, don’t let them be the only one asking questions. You also need to figure out whether they’re a good match for you and your company. As an added bonus, asking the right

Have I Gone Soft on Capitalism?

Posted on: November 02, 2015

In a distressing tale about the cash advance industry last week Zeek Faux of Bloomberg told a sad story  of two young Americans who sold their cash advance company. Their company lent out money with APR’s in the hundreds of percent range to small-business owners, proceeded to sell the company to a Wall Street fund, and

What I learned from an Uber Driver

Posted on: October 31, 2015

Have you ever chatted with an Uber Driver? Sometimes they are fascinating budding entrepreneurs who are driving a few hours a day to earn some extra cash while they try to get their business off the ground. Last night, my Uber driver in Miami asked for my card when I told him that I help

The Responsibility of Being A Business Loan Broker

Posted on: October 30, 2015

Recently I have realized that lessons my Dad taught me over the years have had a deep and powerful impact on my work. I am the founder and CEO of a national business loan brokerage, MultiFunding. Since we started six years ago, we’re trying to bring a new set of ethics and standards to an

MultiFunding Challenges Business Loan Industry for Transparency

Posted on: October 26, 2015

Online Business Lending estimated to be $7.9 billion this year.  OCTOBER 27, 2015 – AMBLER, PA – Business loan adviser MultiFunding announces its 3rd quarter report card in an initiative to improve transparency across the business loan broker industry.  This report lays out the company’s year-to-date loan data including APR range and product type. The

All Online Lenders Are Not Created Equal

Posted on: October 26, 2015

In a recent New York Times article, Michael Korkery superficially bundled all online lenders into one group, often referring to them as “marketplace lenders”. I think this is a mistake. There are big differences amongst online lenders, and in my opinion describing them with one swipe of the paint brush is not responsible journalism. Apples