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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.

 

How Much Do You Believe in Your Business?

Posted on: May 02, 2016

Are you ready to walk the tightrope? There are many different types of entrepreneurs with various tolerances for risk. Who you are and what your risk profile is defines how you should think about financing your business. I am always struck by how our venture capital companies like to pound their chests and talk about

How Do Entrepreneurs Make Financing Decisions ?

Posted on: April 28, 2016

It’s not just about the numbers Are you trying to figure out the best way to finance your business? Faced with choices–how will you make the decision? Will it come down to math and spreadsheets–or other criteria? Consider three short case studies. A business owner has to choose between a $300,000 loan with the SBA

MultiFunding – Q1 – Self Reported Report Card

Posted on: April 27, 2016

April 27, 2016 – AMBLER, PA – Business loan adviser MultiFunding announces its 1st quarter report card in accordance with their commitment to personally provide transparency across the business loan broker industry. This report lays out the company’s first quarter loan data including APR range and product type.  

Nothing to Say Today

Posted on: April 18, 2016

And Why It’s Important Sometimes when I sit down to write this blog I can’t think of anything that I think will be interesting to the readers. Call it writer’s cramp or entrepreneurial fatigue–my mind goes blank. So today I have decided to write about this state of mind–when one is out of juice and

Enough With the Whole Online Thing

Posted on: April 10, 2016

What does it mean? Not long ago I was interviewed for an article about the lending environment for small businesses. Unfortunately, I was characterized as an online loan broker. But what exactly does that mean? Yes, we have a website, but so does just about every other business these days. Movie theaters have websites. So

Is Online Business Lending A Bubble Ready to Burst ?

Posted on: April 07, 2016

Tread Carefully Before You Take Out A Loan Despite its flaws–extremely high interest rates, onerous terms and poor transparency–short-term online business lending has proliferated in recent years. In a just-released Federal Reserve survey, 30 percent of microbusinesses (revenues less than $100,000) and 22 percent of small businesses (up to $1 million in revenues) said they

Everything You Need to Know About Liens

Posted on: April 05, 2016

A lot of words are tossed about in business circles, but one word that often is misunderstood is “lien.” According to Investopedia, a lien “is the legal right of a creditor to sell the collateral property of a debtor who fails to meet the obligations of a loan contract. A lien exists, for example, when

Small Business Credit Approval Rates Rise in 2015

Posted on: March 31, 2016

but credit can still be difficult to secure There’s good news and bad news in the Federal Reserve’s recently released 2015 Small Business Credit Survey: Report on Employer Firms. On the plus side, 80 percent of the small businesses seeking financing were able to obtain it in 2015, up from 65 percent a year earlier.

Are You Looking to Crack the Code to Grow Your Business?

Posted on: March 29, 2016

The Answer Might Be Simpler Then You Think As entrepreneurs and CEO’s, we spend most of our time and effort caught in the grind of running our operations. Human resources issues, customers, and just stuff take up most our awake hours. We often crawl into bed for a few hours at night, too fried to

What Is Marketplace Lending?

Posted on: March 25, 2016

We need a clearer definition The Internet has helped make the world a lot smaller and, in turn, opened up new avenues for small and mid-sized businesses to find the loans they need to grow and thrive after being rejected by conventional lenders. There tend to be two kinds of lenders in the online space.