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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.

 

Why You Shouldn’t Fear Change When It Comes to Financing

Posted on: October 10, 2018

In life you go get annual checkups. Your business financing should be no different. In my line of business, I deal with a lot of entrepreneurs who have been burned financially at some point in the past. That’s part of the business landscape for just about everyone, but it often makes people unnecessarily gun-shy about

Science Has a Unique Way to Prove You Will Do Anything to Save Your Business

Posted on: October 04, 2018

Based on a recent study, it appears you would do more than you think to save your business and here’s why. Your business is developing nicely, showing solid growth backed by a quality product or service, a strong management team and a pronounced need in the market. Then the bottom falls out. It doesn’t really

5 Things You Need to Know Before You Go to The Closing Table

Posted on: September 24, 2018

Getting a Business Loan is not an easy task.  The process can often get emotional, and it’s easy to get confused and not really understand what you are agreeing to. I am guilty too – one time I leased a car and thought I had agreed to a three year lease, but it was really

Worried About Giving a Personal Guarantee for a Business Loan?

Posted on: September 19, 2018

Remember, you can negotiate with your lender. Should you ever give a personal guarantee when you’re trying to secure a loan? That’s a question a lot of entrepreneurs ponder and dread. After all, who wants to pledge personal assets, such as your home, as collateral? It’s safe to say that not many people do, but sometimes

Don’t Wing It When It Comes to Applying for a Business Loan

Posted on: September 18, 2018

If a Fortune 500 company called you up and asked you to put together a proposal, you would probably spend tons of time preparing.  You would analyze the company, understand the competitive environment and figure out strategies to get the business. Yet, when it comes to getting a business loan, business owners often fail to

The SBA Is the Rare Government Agency That’s Working. Here’s Why That Matters for Entrepreneurs

Posted on: August 29, 2018

The SBA seems to be the only government agency that is working well in these partisan times. We live in tumultuous times, where consensus is rare and many people have adopted a winner-take-all mentality. Common ground doesn’t seem to exist. That’s especially true when it comes to politics and the government. Bipartisan cooperation seems to

This Is the Smartest Way to Exit Your Business and Preserve Your Legacy

Posted on: August 27, 2018

If you are trying to preserve your legacy, this is a great option. I often counsel entrepreneurs on the way up — when their fledgling businesses are looking to grow and they need financing to help accomplish that. But I sometimes work with entrepreneurs on the other end of the spectrum. These are the business

Marketing is an Investment. How to Finance Your Marketing Campaign

Posted on: August 09, 2018

Facebook Community Boost knows how and you should too. I am excited to be at Facebook’s Community Boost event, an initiative that Facebook started late last year to help entrepreneurs get free in-person training to help grow their businesses. I have been a long time advocate of helping entrepreneurs grow their business through responsible lending. This initiative

The Mental Trick That Can Help You Ruthlessly Prioritize Your Goals

Posted on: July 20, 2018

You must consider whether something is a distraction or an opportunity. Not long ago, I had dinner with a promising entrepreneur. We discussed his startup, and I offered plenty of advice. I hope he chooses to follow one particular suggestion: ruthless prioritization. No matter who you are, you can’t do more than three things well

Cherish Honesty and Transparency When You Find It

Posted on: June 27, 2018

Thanks to movies like “Wall Street,” “The Wolf of Wall Street,” “The Big Short” and even “Trading Places,” the public perception of the world of finance isn’t generally favorable, with finance jobs often ranked by the public among the least-reputable professions — barely above politicians and used-car salesmen. That’s a shame because while the industry