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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.

 

Don’t Wing It When It Comes to Applying for a Business Loan

Posted on: September 18, 2018

If a Fortune 500 company called you up and asked you to put together a proposal, you would probably spend tons of time preparing.  You would analyze the company, understand the competitive environment and figure out strategies to get the business. Yet, when it comes to getting a business loan, business owners often fail to

The SBA Is the Rare Government Agency That’s Working. Here’s Why That Matters for Entrepreneurs

Posted on: August 29, 2018

The SBA seems to be the only government agency that is working well in these partisan times. We live in tumultuous times, where consensus is rare and many people have adopted a winner-take-all mentality. Common ground doesn’t seem to exist. That’s especially true when it comes to politics and the government. Bipartisan cooperation seems to

This Is the Smartest Way to Exit Your Business and Preserve Your Legacy

Posted on: August 27, 2018

If you are trying to preserve your legacy, this is a great option. I often counsel entrepreneurs on the way up — when their fledgling businesses are looking to grow and they need financing to help accomplish that. But I sometimes work with entrepreneurs on the other end of the spectrum. These are the business

Marketing is an Investment. How to Finance Your Marketing Campaign

Posted on: August 09, 2018

Facebook Community Boost knows how and you should too. I am excited to be at Facebook’s Community Boost event, an initiative that Facebook started late last year to help entrepreneurs get free in-person training to help grow their businesses. I have been a long time advocate of helping entrepreneurs grow their business through responsible lending. This initiative

The Mental Trick That Can Help You Ruthlessly Prioritize Your Goals

Posted on: July 20, 2018

You must consider whether something is a distraction or an opportunity. Not long ago, I had dinner with a promising entrepreneur. We discussed his startup, and I offered plenty of advice. I hope he chooses to follow one particular suggestion: ruthless prioritization. No matter who you are, you can’t do more than three things well

Cherish Honesty and Transparency When You Find It

Posted on: June 27, 2018

Thanks to movies like “Wall Street,” “The Wolf of Wall Street,” “The Big Short” and even “Trading Places,” the public perception of the world of finance isn’t generally favorable, with finance jobs often ranked by the public among the least-reputable professions — barely above politicians and used-car salesmen. That’s a shame because while the industry

Speed Bumps an Unavoidable Part of Business

Posted on: June 21, 2018

Most entrepreneurs are optimistic by nature, which makes sense considering that an important part of success is believing in yourself. If you don’t have faith in yourself, who will? But it’s unrealistic to expect that even the most successful business won’t hit a speed bump at some point. Unexpected problems may lurk around every corner.

Don’t Fear the Banker

Posted on: June 13, 2018

Frankenstein. Dracula. The Wolfman. Jason Voorhees. Freddy Krueger. Michael Myers. Hannibal Lechter. Jigsaw. Debt. One of these things is not like the others. And that would be debt. While there are good reasons to be scared of the fictional folks mentioned in the first paragraph, debt isn’t nearly as scary as it seems. Yes, debt

Private Equity Requires Careful Consideration

Posted on: June 06, 2018

Is private equity all that it’s made out to be? That’s a question with no simple, all-encompassing answer. On the surface, there’s a strong emotional appeal to sell a controlling share to a private equity firm (PEF). The idea of partially cashing out while still having ties to your company is a powerful one. But

Check the SBA Directory When Researching Franchise Opportunities

Posted on: June 01, 2018

The thought of become a franchisee is an appealing one for many entrepreneurs. Some relish the idea of being part of a company with prestige, clout and a track record of success. Others like the chance to get in on the ground floor of the “next big thing.” And some people prefer the guidance, marketing