How To Determine the Right Type of Business Debt

Ami KassarAmi Kassar is the Founder & CEO of MultiFunding, a company that helps businesses achieve their growth goals through creative and personalized funding solutions. By leveraging their relationships with hundreds of lenders, the team at MultiFunding finds the best loan to fit your business and scale your brand.

Ami is the author of The Growth Dilemma. He is a speaker and contributor for EO and YPO and writes weekly online for Inc. Magazine about the current climate of the financing market. With over 20 years of experience in business and finance, he has advised The White House, the Federal Reserve Bank, and the US Treasury Department on the credit market. Ami is regularly featured in national media, including The New York Times, Huffington Post, The Wall Street Journal, Entrepreneur, Forbes, and Fox Business News.

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Here’s a glimpse of what you’ll learn:

  • Ami Kassar talks about how he started MultiFunding right after losing his job to the recession in 2010 
  • Ami explains the difference between “evil debt” and “good debt” and how to identify “evil debt”
  • How to know if you should take on debt
  • MultiFunding’s role in helping businesses with loan decisions
  • Ami talks about the value of a second opinion
  • Ami discusses how crucial it is to have a plan for debt

In this episode…

One of the most significant decisions when starting or running a small business is whether to take on debt. Some say that debt is bad and should be avoided. Others say that it’s necessary. With so many loan options, how does anyone know whether they should take on debt or what type of debt is right for them?

Ami Kassar is dedicated to answering those exact questions. Ami has been in the industry for over two decades, advising business owners and aspiring entrepreneurs on the credit market. He and his team at MultiFunding use their knowledge to help businesses make smarter funding decisions. It’s easy to make a poor funding choice by following misguided information that ends up damaging your business. Nobody sets out to ruin their credit or business, so getting the proper guidance, understanding the implications of those decisions, and getting a handle on the pros and cons is vital. Ami and his team help you secure the right amount of funding from the right place and walk you through the decision-making process so you can grow and scale your brand.

In this episode of Get the Intel, Chad Gill sits down with Ami Kassar, Founder & CEO of MultiFunding, to discuss the major factors affecting business loan decisions. Ami talks about how to determine whether taking on debt is the right decision, identifying the best types of debt for your needs, and the importance of planning for the use of that debt with ROI in mind. If you are an entrepreneur considering your funding options, do not miss this episode.

Resources mentioned in this episode

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