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, in simple layman’s terms. We’ll review SBA Loan Programs, talk about popular bank deals and will even answer questions from our readers. So sit back, grab a cup of joe, and get ready to finally “get it.”
The Slingshot Café is authored by Ami Kassar.
How Are the Big Banks Doing In Their Commitment to Increase Small Business Lending
Last September in Cleveland, 13 of the nation’s largest banks stood beside Vice President Joseph R. Biden Jr., and Karen Mills, chief of the Small Business Administration, and announced a commitment to increase small-business lending by $20 billion over the following three years. In order to check in to see how the banks are [...]
The Best Small Banks Around Buffalo
A number of banks have been recognized as the best small business lenders in the country by BankingGrades, a website that provides grades for banks on their commitment to small business lending. The site is operated by MultiFunding, a small business advisory firm. “One of the biggest challenges that small businesses face is access to [...]
What the Jobs Act and Shark Tank Have in Common
Tonight, I am flying cross country and it’s one of those rare opportunities to think. I have been trying to put down on paper for a few hours why I generally have a visceral negative reaction to the Jobs Act which got signed into law today. I hope I have got my message down, but [...]
The 10 Day Pay Project. Get involved!
A few weeks ago, I was honored to be invited to speak at a TEDx New Wall Street conference about the future of banking. For those of you who are not familiar with it, TED is an idea sharing community around the world and I invite you to check out their website. At the [...]
Jobs Act – Meaningless for Most Small Business Owners – My Two Cents
I’ve been off the grid for about a week and am catching up on all of the small business articles. There is a lot of buzz and excitement about the Jobs Act – and associated CrowdFunding legislation that passed the House and now the Senate is fighting about. In a political season, this is being [...]
10DayPay — My Presentation at TedX New Wall Street
This weekend, I had the honor to go to Silicon Valley – to present at the TedX New Wall Street – where the group imagined what a future wall street might look like. I presented an idea that I think could have a massive impact for small business owners. Here it is ….. Today we’re [...]
What Does the Merchant Cash Advance Industry say about America?
Last week, CNN Money ran an article about the merchant cash advance industry and riskier forms of financing. While I applaud the reporter, Jose Pagilery, for his efforts to point out how many small business owners are turning to riskier forms of financing, I am not sure he went far enough to explain the implications of [...]
One Entrepreneur’s Quandary – Finding the Right Way to Grow
Two entrepreneurs (a husband and wife team) came to see me this week. Their dream is to expand their personal training business that they’ve had for a couple of years, and they’re looking for a way to finance it. They’ve been negotiating tenant improvements with a landlord, they have a business plan, and now all [...]
MultiFunding Releases Its Study About How Bank Size Impacts Small Business Lending
Findings prove that as banks get bigger and more bureaucratic, their small business loan balances decrease. There are a handful of pivotal moments in everyone’s life and career. For a small business owner or entrepreneur a critical one is when they sit down with a loan officer at their bank to discuss their plans and [...]