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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.

 

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

Using Purchase Order Financing to Access Working Capital

Posted on: July 07, 2015

Purchase order financing, or P.O. financing as some may know it, is a no-interest, short-term finance arrangement in which a lender provides capital to businesses that need immediate working capital to fulfill single or multiple customer purchase orders, usually from large national retailers or government agencies. As a small business owner, P.O. financing can be

Seeking Capital? Take a Fresh Look at SBA’s Loans

Posted on: July 01, 2015

The Small Business Administration (SBA) is often not a first choice for small business owners looking for financing, but the long-time lending giant has recently made significant changes that should bump it up your list when it comes to finding smart capital for your business. I won’t dispute that the SBA has a reputation of

Should I Be Worried About The Train ?

Posted on: June 01, 2015

This week I saw a picture on Instagram of a turtle with a slogan saying “your speed doesn’t matter – forward is forward”. I decided to re-post it and was struck by a quick comment that came right back from an old friend of mine in Silicon Valley who said “unless you’re about to be

Lamenting the Online Small Business Lending Bubble

Posted on: May 29, 2015

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