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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.

 

What Is Marketplace Lending?

Posted on: March 25, 2016

We need a clearer definition The Internet has helped make the world a lot smaller and, in turn, opened up new avenues for small and mid-sized businesses to find the loans they need to grow and thrive after being rejected by conventional lenders. There tend to be two kinds of lenders in the online space.

Should You Personally Guarantee Your Business Loan?

Posted on: March 24, 2016

It Might Be Your Best Alternative Among the many issues facing entrepreneurs and small-business owners is their ability–or lack thereof–to obtain a loan. Banks and other lenders tend to want to work with more established businesses that have track records, viable business plans and actual, ongoing sales to report. Don’t take offense if lenders are

Alternative Lenders

Posted on: March 18, 2016

Two Reports Tell Very Different Stories “There are three kinds of lies: lies, damned lies and statistics.” Mark Twain often repeated that quote, although he attributed it to British Prime Minister Benjamin Disraeli. In any case, it’s clear that statistics are problematic and can sometimes represent two entirely different things. Case in point: OnDeck Capital,

What is Your Business Debt Strategy?

Posted on: March 16, 2016

Think Offense and Defense They tend to be kind of rare, but on occasion we do meet some debt-adverse entrepreneurs. These are folks who build their business without debt and generally do well. They have good cash flow and credit, not to mention plenty of collateral, so they see no reason to line up any

Entrepreneurs Need a Support System

Posted on: March 15, 2016

Why I joined a Vistage group. There’s no question that entrepreneurs are wired a bit differently than the rest of the world. Not only can we envision ways to fill the world’s unmet needs, but we have the guts to take risks and aren’t pinned in by societal norms. That bold attitude can lead to

Are You In The Hunt for Money ?

Posted on: March 11, 2016

Is Debt or Equity the Best Option for You ? When it comes to raising money for your business, unless you have significant personal savings or get really lucky with crowdfunding, there generally are two options–taking on debt or giving away equity. But which is best? The answer is this: It depends. Outspoken entrepreneur Mark

When It Comes to Tax Day – Think Long

Posted on: March 09, 2016

Being creative on your corporate taxes may mean paying (much) more later Nobody enjoys paying taxes, whether they’re personal, corporate, capital gains, self-employment or something else, but they’re a part of life that can’t be taken lightly. And yet playing games with taxes is common. The Fiscal Times reported in 2012 that back in 2006

Looking For Money For Your Business ?

Posted on: March 02, 2016

Think In Bite Sizes When Steve Jobs and Steve Wozniak were starting out while working out of a California garage, they weren’t thinking about marketing, distribution networks, product lines, insurance and the millions of other things that large corporations handle. Instead, they focused on building the best computers they could and finding a few people

MultiFunding – Year End Self Reported Report Card

Posted on: February 25, 2016

January 29, 2016 – AMBLER, PA – Business loan adviser MultiFunding announces its 4th 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 year-end loan data including APR range and product type.            

An SBA Rule That Drives Me Nuts

Posted on: February 24, 2016

Lease Rules Leave Many Entrepreneurs with Tough Choices I would love to get a small SBA loan to help my business. Under an SBA 7A program, I could get up to $350,000, and have up to ten years to pay it back at 6 percent interest. That would allow me to invest in my business,