It can be challenging to select the funding model … Capchase Financing .
Receive up to a year of upfront capital right away, offering you the flexible financing you need to grow your organization and scale. We supply the required funding you need at that moment. Within 24 hours, we evaluate the financing required and deposit it instantly to your account.
Capchase deals with these users and organization types: Mid Size Organization, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the best of
both
you’re right with traditional funding
that’s not really a choice until now
keep your 100 with cap chase we utilize data
to make financing much faster fairer and more
flexible based upon your future
predictable revenue and after that we cover it
all up with a single transparent fee
so let’s get this party started at
There is always a point in time when a start-up’s creators, senior management team, and leading finance executives evaluate methods for how to scale the company to the next level and catalog what’s required to do that successfully. Securing funding at an early stage can accelerate development and lead to achievable and measurable success. Eventually, finance supervisors and the tactical planning group have to choose the right funding source to help the business reach its goals.
that management sets for the company. Weighing the risks and competitive risks in a balanced and smart way is essential as it can choose the future of your company The ramifications of selling equity, managing inconsistent cash flow, rates of interest motions, and the requirement to make timely payments to lending institutions are amongst the factors to consider, just among others.
That stated, with the rise of brand-new and more advanced financing options that put the business interests of start-ups and midsize business first, there’s usually a way to figure out a solution that’s a great fit. It’s important to investigate the different financing alternatives that are available to a company’s founders, management accounting professionals, and finance officers and what considerations they require to produce both the short and long 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 recurring Revenue companies generally assisting companies grow without giving up that precious Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m extremely thrilled to share more amazing I’m delighted to enter your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you consider from what I understood you’re a very first time creator very first time founder it resembles you struck a crowning achievement out of the park out of the gates I love it man that’s fantastic well as quickly as they won you understand like it’s never ever the Crowning achievement never like never counts up until the game is over ideal essentially so so so yeah um we are four co-founders you understand and it’s funny due to the fact that we’ve all met through first as pals you know and after that as co-founder so uh there’s three people that collaborate at the very same SAS business in in Spain so we all joined when it was very early I joined as the very first person in sales and there are 2 people joined us that as item supervisors generally and we see the business from zero to a couple of million err over three years and then we left um at the same time approximately I went to service school and I went to service school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to organization school I I entered into into Harvard and you understand I was very excited about it my whole goal was to go there to get more information about how to end up being a creator and after that hopefully release something upon graduation and the one that I landed there I was investigating already 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 however you know that was the start of the journey and the novice Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you know and circular payments in between business and today you simply have to wait for that sequence to establish or you know like there’s no one simplifying those circular payments so we thought about hey why do not we do something comparable to like a split smart or business in verticals such as you understand fried or Logistics or building and construction you understand you have a lots of celebrations that have to wait on various payments like they’re all associated with one way or another so envision you have a platform and then you have company a post Business B 100 and Company B Home Company c a hundred dollars in reality with this platform what would happen is a company.
a would pay a hundred the platform Business B absolutely no they would get they would pay zero or receive absolutely no and after that business C we get a hundred dollars so when we’re speaking with large business they all enjoyed it however it was the typical like cold start problem I’m like hey this is great when everyone’s in the platform but up until then it’s it’s pretty hard to get individuals to do anything so it was everything about hey how do we get more data 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 information through using an Analytics tool a workflow tool or we provide a funding we have a financing and we get the people or data provide us information in order to get financing so you understand we started doing that like checking out increasingly more and more and after that what we need what we saw is that we knew more about sales than anything else we were really thinking about fintech and specifically in funding and you understand like we would look at various modes different verticals and so on for 2 weeks at a time if we found enough stuff we would opt for two more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is amusing of providing this this SAS business at all so they might extend terms to the consumers but constantly get the money in advance so we’re solving the financing payment assets business have which is they have upfront costs to get clients and then they make money months of the month right so to prevent that cash card that every SAS company deals with which we faced in the past in the previous experience the goal was to provide a tool so they might say to the customer hey look the cost is 100
each year and if you want to pay monthly great use capshase you understand um and then Founders enjoy that they resembled hello men this is remarkable this is the Holy Grail of SAS because I have to do discounts so my ACV boosts and I can close sales quicker due to the fact that I’m offering versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle usually it resembles a trade-off you know and after that the next thing they said was like hi why do not I do this for all my client base instead of for every single brand-new customer that I get right so why do not I do this for my 300 clients instead of doing it for the net for the 10 new clients 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 based on Equity as I stated 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 4th co-founder joined who has a buddy at HBS and then male we started working on it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re sitting on ARR we understand the business’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 just way with such business deliberately right so we resisted the
desire to go and work with funding you understand with any vertical we just work with SAS so our goal is to develop several items for SAS so we begin with financing and it’s fantastic due to the fact that companies truly rely on us we truly like a partner and we we help them to not just get financing however work better in a more effective method and through that we’re finding you understand opportunities to expand you understand in the transaction of a SAS item