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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.

 

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

Speed Bumps an Unavoidable Part of Business

Posted on: June 21, 2018

Most entrepreneurs are optimistic by nature, which makes sense considering that an important part of success is believing in yourself. If you don’t have faith in yourself, who will? But it’s unrealistic to expect that even the most successful business won’t hit a speed bump at some point. Unexpected problems may lurk around every corner.

Don’t Fear the Banker

Posted on: June 13, 2018

Frankenstein. Dracula. The Wolfman. Jason Voorhees. Freddy Krueger. Michael Myers. Hannibal Lechter. Jigsaw. Debt. One of these things is not like the others. And that would be debt. While there are good reasons to be scared of the fictional folks mentioned in the first paragraph, debt isn’t nearly as scary as it seems. Yes, debt

Private Equity Requires Careful Consideration

Posted on: June 06, 2018

Is private equity all that it’s made out to be? That’s a question with no simple, all-encompassing answer. On the surface, there’s a strong emotional appeal to sell a controlling share to a private equity firm (PEF). The idea of partially cashing out while still having ties to your company is a powerful one. But

Check the SBA Directory When Researching Franchise Opportunities

Posted on: June 01, 2018

The thought of become a franchisee is an appealing one for many entrepreneurs. Some relish the idea of being part of a company with prestige, clout and a track record of success. Others like the chance to get in on the ground floor of the “next big thing.” And some people prefer the guidance, marketing

Take the Path More Traveled With Your Startup

Posted on: May 23, 2018

Silicon Valley’s formula could take you on a trip you may never return from. There’s a recent article on TechCrunch that details how many prominent Silicon Valley startups are succeeding despite losing large sums of money — and wonders if that’s a formula for other startups. Uh, in a word, no. In two words, hell

Size Matters: The SBA and Some Misperceptions About its Loans

Posted on: May 18, 2018

The federal Small Business Administration (SBA) is a rare example of government working like it should. That’s why it’s so frustrating to have to correct misperceptions about which businesses are eligible for its loan programs. The most common perception is that only the smallest of businesses — true mom-and-pop operations — are eligible. Wrong! While

Amazon and Business Lending

Posted on: May 02, 2018

An Unholy Marriage ??? There’s no denying that Amazon ranks as one of the biggest business success stories of the 21st century – if not the biggest. Not only has it made itself the world’s largest online retailer, but it’s permanently altered the retail world, causing seismic shifts in consumer spending habits as well as

Revisiting Men are From Mars, Women are From Venus

Posted on: April 17, 2018

There are many days in my business where I feel like a counselor, business relationships can be tough. While there’s definitely an art to being a successful entrepreneur, the business world focuses more heavily on scientific factors — primarily cold, hard numbers gathered by tried-and-true methods. Then why I am (jokingly) thinking about adding “marriage