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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.

 

Help Us Name A New Entrepreneurship Movement

Posted on: August 29, 2011

Over the past decade, there has been a massive “social entrepreneurship” movement spreading across the country.  The essential idea of it is to build enterprises (with a business model) based on doing good, and helping to solve a fundamental social or economic problem.  This could be a venture to bring health care into a third

Why I am leaving Citibank and you should too !!!!

Posted on: August 16, 2011

Over the past several weeks we’ve all witnessed a polarizing debate in Washington about the national debt that set the stage for a chaotic ride through Wall Street over the past few weeks. Unfortunately, I believe the last few weeks is just an appetizer as we settle into the presidential campaign season.  That being said,

MultiFunding’s Second Quarterly: Small Businesses Aren’t Applying for Loans

Posted on: August 11, 2011

MultiFunding’s Second Quarterly Small Business Lending Survey Finds That Only A Small Percentage of Those in Need of Small Business Loans Are Applying A recent study among U.S. small business owners demonstrates a gap existing in meeting the financial needs of this important segment of the U.S. economy.  As a result, potential growth opportunities are

MultiFunding releases its 2010 Main Street Lender Responsibility Index

Posted on: August 10, 2011

Findings Demonstrate That Big Banks Are Not Doing Their Fair Share of Lending to Small Business Owners The banking industry has undergone significant consolidation over the past several years.   As large banks have increased their size and geographic footprint, their share of deposits (all of our money that they hold) has increased as well. 

Small Business Debt Ceiling

Posted on: August 01, 2011

So this company calls me the other day and says, “I have a line of credit that’s maxed out.  I need you to get my bank to raise the credit limit so that I can pay my employees and vendors.”  I said, “I’m sorry.  I can’t help you Speaker Boehner.” Seriously, we get these calls

Ten Ideas About How We Can Help Open Up Loan Markets for Small Businesses

Posted on: July 12, 2011

In order to get small business owners hiring and investing, they absolutely must have liquidity and the ability to borrow money.  In this post, I hope these ideas about how to open up the small business capital markets will trigger us all into action. Small Businesses Need To Get Their Books In Order A good

Picking and Choosing Pivot Points: The Life of an Entrepreneur

Posted on: June 14, 2011

As entrepreneurs, we’re constantly faced with choices that could possibly take our companies (and our lives) down very different paths based on what we decide to do. These decisions are tough, and often have to be made quickly with imperfect information.  In just the past few weeks, I’ve had offers and been given ideas for

Economics 101 on Demand for Business Loans

Posted on: May 21, 2011

Over the past year or so, there have been multiple studies published that suggest that the reason for slow business loans has been lack of demand. Big bankers sit in their fancy suits at their country clubs and tell the world, “We would love to loan to small business owners, but they just aren’t knocking

Reflections on the Small Business Lending Market

Posted on: May 09, 2011

Last week, we published our First Quarterly Lending Snapshot. We shared lots of numbers and data to offer our sense of what’s happening in the small business lending market. In this post, I would like to add my two cents about what we’re seeing in the market, and offer some explanation about some of the

“Collateral Crisis” Creates Unprecedented Divide Among Small Business Owners

Posted on: May 05, 2011

  MultiFunding’s National Small Business Lending Snapshot Results First Quarter 2011   This report is a summary of key findings from MultiFunding’s First Quarter National Lending Snapshot.  The objective of the study is to determine amongst small business owners looking for loans in today’s market – what loan types they qualify for and what interest