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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.

 

Don’t Get Tricked At The Business Loan Closing Table

Posted on: April 26, 2011

Getting a Business Loan is not an easy task.  The process can often get emotional, and it’s easy to get confused and not really understand what you are agreeing to. (I am just as guilty – one time I leased a car and thought I had agreed to a three year lease, but it was

MegaBanks Are Holding Onto Our Money

Posted on: April 23, 2011

I want to commend Colin Barr of Fortune for his post this week, MegaBanks Swimming In Cash:  http://finance.fortune.cnn.com/2011/04/21/stingy-megabanks-swimming-in-cash.  This is the first post I’ve read in a long time where a reporter managed to dig under the cover of the big banks’ fancy public relations departments and convoluted reporting of their financial metrics to uncover

Had Some April Fools Fun With One of Our Lenders Today

Posted on: April 01, 2011

Attention all Americans: Please Place Your Bets

Posted on: March 29, 2011

I would like to propose a hypothetical test – to determine where entrepreneurial effort, energy and effort are best focused.  Please share your comments about which group of entrepreneurs you would invest in and why. Each group is comprised of 100 bright, ambitious, well educated, hungry and eager entrepreneurs. Group A is called the “think

What is your business “type”?

Posted on: March 25, 2011

I think it’s time that the small business community develops some categories, or types of businesses – and makes certain that there is an appropriate debt and equity structure ecosystem around them to support each of them. The two categories of businesses I hear about most commonly are “venture backed” and “lifestyle businesses”.  The definition

What’s Your Goal ?

Posted on: March 21, 2011

I often get asked the question “Ami, what is your goal for MultiFunding?”  People want to know “how big” I want the company to be, who do I think will “buy it” one day, is this a “lifestyle business”, or do I “want to take it public one day?”  My answer is that our goal

Pulse on the Small Business Lending Market – March Reflections

Posted on: March 13, 2011

At MultiFunding we have the unique opportunity to listen to the stories of dozens of small business owners each week, and hear the current challenges they are facing in their businesses.  These folks come from a cross section of industries, and all geographic regions across the United States.  Trends and patterns evolve from these calls. 

Think Twice Before You Give Away Equity in Your Company

Posted on: March 06, 2011

Over the years, I have met hundreds of small business owners and entrepreneurs who are on the hunt for investors to infuse some cash into their company.  And while equity injection might be the best thing or the best strategy at the time, it is important for the entrepreneur to think through all of their

Five Tips to Overcome the Small Business Collateral Crisis

Posted on: February 17, 2011

Small business owners and entrepreneurs across America are struggling every day to find acceptable collateral to use to secure loans. With the declined values in commercial and residential properties, most small business owners have little equity left inm their real estate that they can use to secure loans. They (and we) need these loans to

An open letter to the CEO’s of Chase Manhattan Bank, Bank of America and Wells Fargo

Posted on: February 13, 2011

Gentlemen: On behalf of main street small business owners across America, we would like to know what you are really doing to open up lending and help get our economy moving.  We’re tired of deceptive statistics coming out of your public relations departments,  that are carefully construed to deceive the consumers, the press, and the