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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.

 

Take the Path More Traveled With Your Startup

Posted on: May 23, 2018

Silicon Valley’s formula could take you on a trip you may never return from. There’s a recent article on TechCrunch that details how many prominent Silicon Valley startups are succeeding despite losing large sums of money — and wonders if that’s a formula for other startups. Uh, in a word, no. In two words, hell

Size Matters: The SBA and Some Misperceptions About its Loans

Posted on: May 18, 2018

The federal Small Business Administration (SBA) is a rare example of government working like it should. That’s why it’s so frustrating to have to correct misperceptions about which businesses are eligible for its loan programs. The most common perception is that only the smallest of businesses — true mom-and-pop operations — are eligible. Wrong! While

Amazon and Business Lending

Posted on: May 02, 2018

An Unholy Marriage ??? There’s no denying that Amazon ranks as one of the biggest business success stories of the 21st century – if not the biggest. Not only has it made itself the world’s largest online retailer, but it’s permanently altered the retail world, causing seismic shifts in consumer spending habits as well as

Revisiting Men are From Mars, Women are From Venus

Posted on: April 17, 2018

There are many days in my business where I feel like a counselor, business relationships can be tough. While there’s definitely an art to being a successful entrepreneur, the business world focuses more heavily on scientific factors — primarily cold, hard numbers gathered by tried-and-true methods. Then why I am (jokingly) thinking about adding “marriage

The Next Step: Going Beyond The Growth Dilemma

Posted on: April 05, 2018

Dabbling in the study of partnership compatibility through personality testing just maybe the next step. Now that the labor of love called The Growth Dilemma is complete, I’m getting questioned by friends, clients and peers about my next step. The question is usually a variation of this: “So what do you do after your write

And Now for Something Completely Different: Let’s Talk About Organization

Posted on: March 21, 2018

Staying organized is imperative to a successful business. Working with small- to mid-sized businesses and assisting them in finding the funding they need to grow and prosper is my passion, but the process is a complicated one for both related and unrelated reasons. Between considering numerous funding options for multiple clients,handling the day-to-day aspects of

Take This Test Before Committing to a Partnership

Posted on: March 14, 2018

Learning more about your potential partner(s) before you start is critical to your success. In theory, a business partnership is an exciting idea as two or more friends, relatives or acquaintances brainstorm a great idea and consider the financial possibilities. In reality, partnerships are often fraught with conflicts and ultimately are unsuccessful because the common

Using an SBA Loan in a Creative Way

Posted on: March 07, 2018

Hypothetical example of the day: A client has a successful consulting business that’s been growing slowly but steadily. She’s well-respected in the field and has carved out a solid niche. Her top-line revenue is about $2 million annually, After all is said and done, she’s taking home about $350,000 in profit. She’s not rich, but

A Hypothetical Situation: Does it Make Sense to Use an SBA Loan?

Posted on: February 28, 2018

Understanding terms and interest rates are keys to decision making. Let’s run a scenario together. Your company has reached a potentially game-changing moment in its history: It’s time to make a big investment. Things are going well and the opportunity presented may well make your company grow exponentially over the next few months and/or years.

A Test With No Wrong Answers

Posted on: February 22, 2018

Although one is preferred. Back in your school days, you likely had tests that included multiple-choice answers. And sometimes the difficulty of those questions was compounded when one of the answers was “all of the above.” That’s the situation workshop participants encounter during an exercise I suggest. Question: Your company is enjoying a banner year