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.
How to Cure Entrepreneurial Brain Freeze
Some entrepreneurs spend months trying to raise more money than they actually need to achieve proof of concept. Many get stuck on the grand vision of their company’s future instead of deploying the resources and assets at their disposal. I call this entrepreneurial brain freeze. When I started my first venture, it took me six […]
Applying for a Loan? You Need to Know This One Thing
Understanding debt obligations is the most important thing when applying for a loan. There are many things a borrower needs to consider when thinking about a loan, but one outweighs all others by a landslide: what the monthly payment on the loan will be and whether that borrower can or cannot afford the payments. I […]
Five Questions to Ask an Alternative Lender
Finding the right alternative lender can make a huge difference for small business. A good alternative lender is one who is cognizant of their role within the small business industry–a means to an end. Alternative lenders should act as a bridge for small businesses to get them out of a financial hole and back into […]
A Loan Broker’s Responsibility to Small Business
Helping small businesses get into bank loan financing should be the driving force for brokers. At my loan brokerage office, our mission is clear–we want every company we work with to get to a point where they are bankable through an SBA-backed loan or another traditional bank loan. If a company is considered “bankable “, […]
Improving Transparency in Online Small-Business Lending
Website launch tackles issue of lending transparency. Writing and talking about improving transparency in small-business lending is easy. Actually doing something about it can prove difficult. I hope that my company has taken one step in helping in this mission today with the launch of VisibleLending. Visible lending is an open directory of short-term online […]
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 […]
With the Government Shutdown: Attention Turns Again to Small Business
Since the government shut down I have heard more about small-businesses from politicians on both sides of the house then I have heard since the election season. As both side’s position and posture, the plight of main street businesses is back in their vocabulary. One of the topics that they love to address is the […]
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 […]
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 […]