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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.


Are You A Part Of The Bubble?

Posted on: September 28, 2015

Small-Business Lending in America is broken. There are hundreds of alternative lenders who are offering short term cash and daily debit products with APR’s with a whopping price tag of 40-200 percent, and short amortizations that force borrowers into multiple renewal cycles. Billions of dollars are being lent annually, and there is an economic bubble

My Beef with Short-Term On-Line Lenders and Cash Advance Companies

Posted on: September 22, 2015

Have you ever applied for or taken a short-term on-line business loan or cash advance? Tempted by quick money in lieu of a longer drawn out underwriting process? My best advice is be very careful. How is the pricing confusing? The lender offer’s a small-business $50,000 and asks to be paid back $60,000. In the

It’s not about “MarketPlace Lending”

Posted on: September 14, 2015

The Treasury Department recently asked the lending community to respond to a Request for Information about MarketPlace Lending. I think that at least from the small-business lending perspective, this title is a mistake and creating unnecessary confusion. MarketPlace Lending refers to the concept of investors being able to buy notes on the back end of

It’s Not Just About the Money

Posted on: September 10, 2015

I recently asked a restaurant owner what he likes the most about his business. His response was that he loves creating a space for his customers to relax and enjoy themselves. The answer startled me for a moment. I was expecting something like – “we make great food”. But then I realized that “what a

Be Careful When Looking in the Mirror

Posted on: August 21, 2015

When I started my company five and a half years ago, I tried to design and organize my life in a way that replicated my experience where I spent the last decade of my life.  Previously, I worked for an organization with 1,000 people in it. In that company, everyone was compartmentalized with one or

Helping Launch the Responsible Business Lending Coalition

Posted on: August 11, 2015

Last week I participated in launching a Responsible Business Lending Coalition in Washington, DC, where my company MultiFunding joined several other for-profit and non-profit entities in setting up a small-business borrowers’ bill of rights for lending products and services.  We created and agreed to a set of standards that we follow, and hope others in

Understanding Liens and How They Can Affect Small Businesses

Posted on: August 04, 2015

Many small business owners have heard the word lien before, but do you know how these legal claims can affect your livelihood? Legally speaking, a lien is a notice attached to a loan that acts as a security interest on a debt owed. Lenders can file a lien for a debt owed by an individual

Understanding the Lending Market for Small Businesses

Posted on: July 28, 2015

The lending landscape has changed drastically over the years. The internet is indeed king, and has opened up numerous opportunities for businesses outside of their local banking market. In fact, more entrepreneurs and small business owners today are seeking financing options online than ever before. The boundaries of distance and time have been obliterated…and that

Don’t Jump Into Bed with a Business Partner So Quickly

Posted on: July 21, 2015

It’s often tempting to take time out to write about our successes. But sometimes the more important lessons happen when you can’t get the job done. Over the past few months I have worked with a client who was desperately trying to dissolve a partnership that had gone south. About two years ago, she sold

Lamenting the Online Small-Business Lending Bubble

Posted on: July 14, 2015

Have you ever lied awake in the middle of the night as a nentrepreneur and wondered if you’re missing the boat and doing something wrong? that’s how I have felt lately as I’ve watched the emergence of the small-business financing space. It seems like every other week I wake up to another announcement about a