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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.

 

Trump Election Makes Locking in Fixed Rates Crucial

Posted on: November 16, 2016

What are the post-election implications for business and financing? No matter how you feel about Donald Trump’s election to the presidency, there are implications for your business and associated financing. Without getting into a political debate – and haven’t we all had enough of that anyway? – it’s fair to say that Trump’s election adds

Why You Shouldn’t Go It Alone for Your Lending Needs

Posted on: November 09, 2016

You deserve concierge service. There are plenty of times in life when doing it yourself makes sense. It’s not too difficult to clean your gutters, change your windshield wiper blades or paint a room. You probably can do enough online research to find the best loan rate for buying a car. And booking a vacation

What Would You Do With $1 Million ?

Posted on: November 03, 2016

If you were given a million dollars to invest, how would you allocate the money. Imagine a scenario where you are given 10 poker chips worth $100,000 each. You have to decide how many chips to invest in your business and how many to invest in a mutual fund of your choice. Sorry, you can’t

MultiFunding – Self Reported Report Card Q3 – 2016

Posted on: November 02, 2016

November 2, 2016 – AMBLER, PA – Business loan adviser MultiFunding, announces its 3rd 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.  

Should you be offering trade discounts?

Posted on: October 27, 2016

In our last article, we looked at the advantages of trying to obtain trade discounts, also sometimes known as early payment discounts. Let’s now turn that question around: Should your business be offering trade discounts to your customers? A common example might be allowing a customer to deduct 1 percent on an invoice by paying

Are You Taking Advantage of Trade Discounts

Posted on: October 20, 2016

Getting your working capital ducks in a row can allow you to capitalize on trade discounts. A wise old man once said that, “Any [person] can pay retail.” Truer words were never spoken. Sure, it’s easy to know what you want, buy it and walk away, having saved yourself time and aggravation. However, you’re probably

Leverage Doesn’t Have to Be a Dirty Word

Posted on: October 18, 2016

We deal with plenty of entrepreneurs who are a bit gun-shy when it comes to taking on debt. Some – who question the viability of their business — fear getting caught in a debt spiral that eventually leads to bankruptcy. Others question the need to take on debt when their business is already thriving (or

Longer Amortizations Make Sense

Posted on: October 13, 2016

Spreading out a debt strategy adds versatility to your business plan. We’ve repeatedly discussed how debt isn’t necessarily a bad thing, although we’re aware that it’s human nature to not want to end up in a money pit. And even entrepreneurs who are willing to take on debt tend to want to pay it off

The No Debt Badge of Honor – or is it?

Posted on: October 06, 2016

3 Questions executives should be asking themselves. Working with companies seeking funding of some sort is our bread and butter, so we regularly deal with entrepreneurs who already are managing some debt. But sometimes we run across CEOs who have no debt, although they have had it in the past. Invariably, they report being happy,

Thinking About Net Worth, Leverage and Your Business Situation

Posted on: October 04, 2016

Deal or no deal? Not every question has a definitive answer, especially in the world of business. Sometimes the answer can change, depending upon when it’s asked. Sometimes there simply is no good answer. And sometimes the answer depends on the business executive. Consider this example: A CEO has an offer on the table to