It can be challenging to pick the funding model … Capchase Contact .
take advantage of non-dilutive growth capital on-demand. Get approximately a year of in advance capital right away, giving you the flexible financing you require to grow your business and scale. Select unpaid invoices or just recently paid expenses, and pick payment terms of 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adjusting to fulfill your needs. We provide the necessary funding you require at that moment. Your cash works for you rather than sitting idle. Within 24 hours, we evaluate the funding needed and deposit it immediately to your account. Our easy-to-use user interface allows you to comprehend and handle all your deals and accounts. Access more capital as you scale. We are your partner every step of the way, reducing our rates the longer we work together. Your information allows us to quickly supply you with the correct amount of capital your service requirements.
Capchase works with these users and organization types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the very best of
you’re right with standard financing
that’s not really an alternative previously
keep your 100 with cap chase we use data
to make financing quicker fairer and more
versatile based on your future
predictable profits and then we wrap it
all up with a single transparent charge
so let’s get this party began at
There is constantly a time when a start-up’s creators, senior management group, and top financing executives evaluate methods for how to scale the business to the next level and catalog what’s needed to do that successfully. Protecting financing at an early stage can accelerate development and result in attainable and quantifiable success. Eventually, financing supervisors and the tactical preparation team have to decide on the right funding source to assist the business reach its objectives.
that management sets for the company. Weighing the threats and competitive threats in a balanced and smart way is important as it can decide the future of your business The ramifications of selling equity, managing inconsistent cash flow, interest rate motions, and the requirement to make prompt payments to lenders are amongst the factors to consider, simply among others.
That said, with the increase of brand-new and more advanced financing options that put business interests of start-ups and midsize business first, there’s usually a method to figure out a solution that’s a great fit. It is essential to examine the different funding options that are available to a business’s founders, management accountants, and finance officers and what considerations they need to make for both the long and short term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for repeating Revenue companies basically helping companies grow without giving up that valuable Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m extremely thrilled to share more incredible I’m thrilled to enter into your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you consider from what I understood you’re a first time creator first time creator it resembles you struck a home run out of the park out of evictions I like it man that’s fantastic well as soon as they won you know like it’s never the Crowning achievement never like never counts until the video game is over ideal basically so so so yeah um we are four co-founders you understand and it’s amusing since we’ve all met through first as buddies you understand and after that as co-founder so uh there’s three of us that work together at the same SAS business in in Spain so all of us joined when it was very early I signed up with as the very first individual in sales and there are two individuals joined us that as product managers essentially and we see the business from zero to a couple of million err over 3 years and after that we left um at the same time approximately I went to business school and I went to company school on the other one went to do a stint in VC with the goal of going to service school afterwards so when I go to service school I I entered into Harvard and you know I was very thrilled about it my entire goal was to go there for more information about how to end up being a creator and then ideally release something upon graduation and the one that I landed there I was looking into currently an idea with one of these co-founders and it was authentic idea it had absolutely nothing to do or really little to do with what we’re doing now but you understand that was the start of the newbie and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a lot of sequential payments you understand and circular payments in between business and today you just need to wait on that sequence to develop or you understand like there’s no one simplifying those circular payments so we thought about hey why don’t we do something similar to like a split sensible or companies in verticals such as you know fried or Logistics or construction you know you have a lots of celebrations that need to wait on various payments like they’re all involved in one way or another so envision you have a platform and then you have company a post Business B 100 and Business B House Company c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B no they would get they would pay no or get zero and then company C we get a hundred dollars so when we’re speaking with big companies they all enjoyed it however it was the common like cold start problem I resemble hey this is terrific when everybody’s in the platform however until then it’s it’s pretty hard to get people to do anything so it was all about hey how do we get more information how can we sort of begin this platform um without utilizing the platform to start with so it was all about getting more data and to get more information we got to 2 conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we provide a funding we have a financing and we get the individuals or data offer us information in order to get funding so you understand we began doing that like checking out increasingly more and more and after that what we require what we saw is that we knew more about sales than anything else we were actually interested in fintech and particularly in financing and you understand like we would take a look at different modes various verticals and so on for 2 weeks at a time if we found enough stuff we would go for two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you know which is amusing of using this this SAS companies at all so they could extend terms to the customers but always get the money in advance so we’re solving the funding payment properties companies have which is they have upfront costs to obtain consumers and after that they earn money months of the month right so to prevent that money card that every SAS business faces and that we faced in the past in the previous experience the objective was to provide a tool so they might say to the customer hey look the price is 100
annually and if you wish to pay regular monthly great usage capshase you understand um and then Founders enjoy that they were like hey guys this is amazing this is the Holy Grail of SAS because I need to do discounts so my ACV increases and I can close sales much faster due to the fact that I’m offering versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle usually it resembles a trade-off you understand and then the next thing they stated was like hi why don’t I do this for all my customer base instead of for each brand-new customer that I get right so why don’t I do this for my 300 customers instead of doing it for the web for the 10 new consumers I get months of a month so then we saw what they desired was to transform their ARR or the consumer base into in advance financing to be less depending on Equity as I said the starting yeah okay this is what we’re going to start with and after that we’re going to discover so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a good friend at HBS and then man we started working on it like crazy and and dropped out what is your long-term Vision so it started with you understand you landed on this hate you if you’re sitting on ARR we know the company’s uh churn we know the business’s retention gross margins And so on so I can take their ARR and provide them up front x times times x ARR or times x mrr however what is a long-term vision of of the company so for us it’s it’s it’s or it’s all around SAS companies right like we only method with such companies deliberately right so we withstood the
urge to work and go with financing you understand with any vertical we only work with SAS so our objective is to develop several items for SAS so we start with financing and it’s terrific since business actually depend on us we really like a partner and we we help them to not simply get financing however work better in a more effective method and through that we’re finding you know opportunities to broaden you know in the deal of a SAS item