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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.

 

Most Entrepreneurs Don’t Realize There Are Different Types of Credit Lines Available to Them – Picking the Right One For You Is Important

Posted on: March 14, 2019

Business owners tend to gravitate toward their local banker for financing, seems logical. But there are options for lines of credit your banker may not be thinking of that could work better for you. Whether it’s for your business or your personal finance, having ready access to cash is never a bad idea and serves

5 Financial Steps to Take Now During Coronavirus

Posted on: June 03, 2020

Now’s a time when your goal may well be simply to ride out the next few months. That’s fine. Yet riding out the next few months isn’t the same as doing nothing. By being proactive, you can not only make the most of a bad time, but position yourself … By: Ami Kassar There’s no

Securing Funding For Your Small Business: Busting the 3 Biggest Myths About the Small Business Administration

Posted on: May 29, 2020

Given that politics are always a hot topic, you’ve likely heard plenty from both political parties about how government at all levels simply doesn’t work. That’s not a new complaint, and just about everyone can share a story about some government nightmare they’ve endured. But there’s a federal agency that bucks the trend: The Small

FAQ: 8 Common Questions (and Answers) About Loans for Disaster Assistance

Posted on: March 23, 2020

Money expert Ami Kassar answers your most pressing questions about disaster assistance and traditional SBA loans. Are you looking to apply for a Small Business Administration (SBA) loan or disaster assistance for your company? Inc. columnist Ami Kassar, founder and chief executive officer of MultiFunding, a Philadelphia consulting firm that advises business owners on access to capital, took questions from business

UPDATED (March 23) Strapped for Cash? 2 SBA Loans You Need to Pay Attention to Right Now

Posted on: March 23, 2020

SBA and disaster relief loans could save your business. Here’s how to determine which one may be right for you. If your small business needs financial assistance during these uncertain times, you may find yourself applying for a Small Business Administration (SBA) loan. Inc. columnist Ami Kassar, who advises business owners on access to capital, has been hosting

Where to Turn For Financial Help For Your Business During the Coronavirus Crisis

Posted on: March 13, 2020

If you’re concerned about the impact of the virus on your business and cash flow over the next few months, there are several financial options to consider to get through the challenges. I have been asked by many business owners over the past few days about the emergency SBA Coronavirus loans. As we wait for

This Is the Biggest Problem With Online Loan Calculators

Posted on: February 28, 2020

These online tools are a great starting point when searching for a loan, but alone, they could be problematic. When it comes to things that literally changed the world, the internet ranks right up there with the wheel, the light bulb, vaccines, the airplane and the computer, to name a few. Anyone who uses the internet knows

How Today’s Low-Interest Rate Environment Can Benefit Your Business

Posted on: January 30, 2020

2020 could be your year to take a financial risk with low-interest rates holding steady for the foreseeable future. I discuss regularly about whether the time is right for a business to obtain a loan, but one thing not mentioned often is how the overall business environment impacts that decision. Although desperate or reckless entrepreneurs

Scared to Pivot? Here’s Why Embracing Change Can Save Your Business

Posted on: January 24, 2020

Change is hard but status quo will keep you down. In the past, I’ve discussed the idea of “ripping off the bandage;” that is, removing whatever constraints (voluntarily or involuntarily) is preventing your business from moving to the next level. And recently, I came across another example of why doing what’s uncomfortable in the moment

Why Sometimes You Need to Have the Guts to Do What’s Momentarily Painful in Business

Posted on: January 15, 2020

We all have bandages, whether it’s in business or life itself, and at some point you reach a stage where there is a constraint that’s holding you back. Things in your company may be coming along just fine, but you’ll never be able to fulfill your company’s potential by keeping things as is. Sometimes, you

This Loan Program From the SBA Can Help Fuel Your Business in 2020

Posted on: January 08, 2020

The SBA 504 loan program should be your first consideration for your real estate and equipment growth needs. Most entrepreneurs typically start their business in a leased facility.  And at some point, if things go well, one might face the decision to buy your own real estate or keep paying rent.  And if you are