MultiFunding is committed to making the complicated world of finance feel crystal clear. The Slingshot Café is where we let loose and explain the latest and greatest loan deals, trends in small business lending and how you can get financing for your small business. Check back often for new posts from Ami Kassar, MultiFunding CEO and columnist for The Wall Street Journal, Inc. Magazine, and The Sleeter Group.
The Slingshot Café is authored by Ami Kassar.
MultiFunding Turns 5
Dear Friends, On January 1, in addition to celebrating the New Year, MultiFunding will turn five. On one hand, I want to slow down, take a breathe and celebrate. After all, it is an accomplishment. I want to jump up and down with the team and discuss the victories along the way towards this milestone. […]
The Missing Ingredient in “Shark Tank”
Adding a lender to the panel of sharks would give the show more depth and educational value. In the past week’s episode of Shark Tank, Curt Campbell, an entrepreneur from the tiny town of Fish Creek, Wisconsin pitched his company www.oilerie.com to the sharks for an investment. In his pitch, Mr. Campbell talked about putting […]
Doctors, Lawyers, Accountants and Financial Planners Get Taken Over by the Net
Can technology replace professions where human touch is needed? Recently, I gave a talk at the AltLend Conference in Las Vegas where discussions about innovative finance options for small businesses were center stage. Speakers including members of the U.S. Small Business Administration alongside presidents and CEO’s of lending sources that span the gamut from traditional […]
The Long View: Don’t Be Tempted by Fast Cash
The most important thing you need to think about when taking a business loan is how it’s going to affect your cash flow. I always advocate for taking the loan with the lowest monthly payments and the longest amortization possible. But not everyone agrees with me. Many in the alternative lending space will opt for […]
5 Money Mistakes You Don’t Want to Make
When looking for capital, many business owners make these critical errors. Entrepreneurs are often so busy running their businesses that they make common mistakes that could wind up costing valuble time and money. Make sure you avoid making any of the blunders below. 1. Being Disorganized Yes, taking care of your day-t0-day operations and putting […]
Are You a Venture or a Debt Entrepreneur?
This decision is far more personal and emotional than rational. A few weeks ago, I was fortunate enough to attend the Inc. 5000 conference in Phoenix where I participated on a panel called “Where’s the Money!” As a part of the panel, I spoke about debt options and alternatives and another colleague represented the venture […]
The Absolutely Best Time to Borrow Money, as published by Inc.
Consider taking out a business loan when you least expect you’ll need it. Here’s what I mean. At my loan brokerage firm, I receive calls from small business owners everyday who are desperate for loans–not only to save their businesses, but just to keep the roofs over their heads. If they had called me a […]
Can You Be a “Mensch” in Business?
The balancing act between profits and ethics. Running and building a business is a tricky balancing act. Top that challenge off with building a reputation as being a fair and honorable entrepreneur and everything is all the more difficult. I’ve recently struggled with the question about what makes an entrepreneur a good person in business. […]
A New Group of Alternative Lenders: Investment Lenders
How we refer to lenders helps shape the industry. Over the past year there has been an important shift in the alternative lending landscape for small business owners and entrepreneurs. A new group of non-bank lenders have entered the market and are willing to lend to businesses at amortizations that spread three to five years […]
Own A Small Business? Consider Your Supplier Carefully
Many suppliers claim to be friends of small businesses, but do they really have your best interests in mind? As small businesses continue to forge ahead and play a large part in reshaping the economy, suppliers are more vigilant than ever in advertising to this market and playing up their advocacy of small to mid-sized […]