Media
Over the past decade, founder Ami Kassar has been quoted in dozens of publications including The New York Times, the Huffington Post, USA Today, the Associated Press and the Wall Street Journal.
Following is a curated catalog of MultiFunding in the media.
Principle Podcast: A business line of credit could help cash flow when you need it most
(October 2020) The best time to get a business line of credit is when you don’t need it—but that’s not always possible. Here are some ideas for how to pursue credit now, featuring Ami Kassar, CEO of business loan advisory Multifunding. We're also joined by John Rusk, co-owner of New York City general contractor Rusk Renovations, and his chief business officer, Andrew Hatzenbuhler.
Kansas City Business Journal: Evidence mounts of potential widespread fraud in PPP Program
(November 2020) The Paycheck Protection Program shoveled out about $525 billion in loans to 5.2 million companies as the pandemic began raging in the U.S., providing a much needed lifeline to suddenly shuttered businesses.
Patch: Political statement of the Federal Reserve lowering minimum Main Street loans
(November 2020) The Federal Reserve Board adjusted the terms of the Main Street Lending Program in two important ways to better target support to smaller businesses that employ millions of workers and are facing continued revenue shortfalls due to the pandemic.
News Radio 105.5 WERC via Fox News Radio: Ami Kassar interview
(October 2020) The Federal Reserve Board adjusted the terms of the Main Street Lending Program in two important ways to better target support to smaller businesses that employ millions of workers and are facing continued revenue shortfalls due to the pandemic.
Debanked: Big money, Small town: How SBA Loans are powering America
(December 2019) Hometown Trolley is just one of 30 million small businesses that make up the backbone of the US economy. Small businesses—a small business is broadly defined as a commercial or professional enterprise with fewer than 500 employees—accounted for the employment of 58.9 million people in 2015, according to the US Census Bureau’s most recent figures. That’s just shy of 50% of the country’s total workforce. And it seems that the smaller the better: In 2018, firms employing fewer than 20 employees added 1.1 million net jobs to the US economy, the largest gains among the small business cohort.
Great Game of Business: It’s time to reimagine your business
(May 2020) The coronavirus pandemic, and the subsequent economic shutdown, has seemed to punish some businesses more than others. That’s especially true for anyone in the travel, hospitality, or restaurant industries—all of whom have been essentially shut down with the economy.
Bakers Journal: Five steps to save your business
(August 2020) Plenty of business people – entrepreneurs and otherwise – are dealing with real pain and life- and business-threatening situations. You can only hope for the best. Yet business owners, especially those whose current and future prospects aren’t off badly, have the ability to take advantage of whatever opportunities have arisen in these strange times.
Missouri Meetings and Events: Take advantage of the current financial mess
(June 2020) There is no ignoring a societal crisis, especially one that is global. Particularly in the professional community, it is a game-changer in many ways. Plenty of organizations are dealing with life- and business-threatening situations, and we can only hope for the best.
Barry Moltz: Are you ready for the surge?
(June 2020) The SBA just released their first guidance on how to fill out the Payment Protection Plan (PPP) loan forgiveness application, and unfortunately… it’s complicated. It is eleven pages and small business owners are worried and overwhelmed. Here to help is Ami Kassar, the founder and chief executive officer of Multifunding.
Principal: A business line of credit could help cash flow when you need it most
(October 2020) This could be called The Year of the Business Loan—not only in terms of the Paycheck Protection Program (PPP) but also for independent lines of credit pursued by businesses as a bridge through the pandemic. “The best time to get a line of credit is when you don’t need it,” says Ami Kassar, CEO of business loan advisory Multifunding. “Unfortunately, now a lot of businesses need it, and it’s those that were more prepared and had good contingencies for lines of credit that are having an easier time.”
Inc: Why tweaks to the Fed's small-biz lending program won't fix it
(October 2020) With stimulus negotiations having hit a wall, business owners and trade groups are increasingly shining a spotlight on the Federal Reserve's Main Street Lending Program, a loan offering for small and midsize businesses that were in good financial standing prior to the pandemic. And the added scrutiny is revealing more of its apparent inadequacies.
Tugboat Institute: Demystifying debt growth capital
(October 2019) How would you finance an acquisition? Deplete your cash flow? Take out a bank loan? Ignore the opportunity to avoid risk? In this 5-minute presentation from Tugboat Institute Summit 2019, Ami Kassar, founder and CEO of MultiFunding LLC, and author of The Growth Dilemma, presents another—less well-known—option for funding growth.
Yahoo Finance: 'Be very careful' with PPP loans, House looks to approve $484 billion in relief funds
(April 2020) Small businesses across the nation are anxiously awaiting for the approval of the $484 billion dollar bill. Ami Kassar, Multifunding.com CEO, joins Yahoo Finance to discuss that and more.
Snow Magazine: What a mess!
(July 2020) Five financial tips to allow you and your snow ops to not only better ride out the pandemic, but to set yourself up for the inevitable rebound.
NBC LX: What business owners need to know about the Paycheck Protection and Main Street Lending Programs
(July 2020) Are you a business owner looking for help to get through the coronavirus pandemic? Ami Kassar, the CEO of MultiFunding and a small business advocate, breaks down what you need to know about the Main Street Lending Program and the Paycheck Protection Program.
USA Today: Bye $600 jobless benefit, eviction reprieve, cash for small firms. COVID-19 relief ending
(June 2020) The extraordinary safety net that has buoyed financially stressed Americans during the coronavirus pandemic is starting to fray. In the coming weeks, the jobless will likely no longer receive an extra $600 in their weekly unemployment checks. Many tenants who don’t pay their rent can be evicted. And many small businesses won’t have a forgivable federal loan to cushion the blow of meager sales.
USA Today: From extended jobless benefits to student loan reprieve, COVID-19 relief set to fade at year's end
(November 2020) As coronavirus cases surge to records, dealing another blow to the nation’s health and economy, the federal safety net that propped up financially battered households is set to vanish unless a divided Congress can break a monthslong impasse.
KPRC 950 AM: Interview with KPRC 950 AM
(November 2020) Will businesses be able to survive another round of lockdowns?
WFAA 8 ABC News: Interview with WFAA 8 ABC News
(November 2020) Ami discusses talks of a possible second stimulus package, and how small business owners might need to pivot and get creative to make it through this holiday season.
You Belong in Business: A business line of credit could help cash flow when you need it most
(October 2020) The best time to get a business line of credit is when you don’t need it—but that’s not always possible. Here are some ideas for how to pursue credit now, featuring Ami Kassar, CEO of business loan advisory Multifunding. We're also joined by John Rusk, co-owner of New York City general contractor Rusk Renovations, and his chief business officer, Andrew Hatzenbuhler.