It can be challenging to pick the funding model … Capchase Scam .
Get up to a year of in advance capital right away, giving you the flexible financing you need to grow your business and scale. We provide the needed funding you require at that moment. Within 24 hours, we examine the funding required and deposit it instantly to your account.
Capchase deals with these users and company 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
business the answer how about the very best of
both
you’re right with traditional funding
that’s not really an alternative previously
keep your 100 with cap chase we utilize information
to make funding quicker fairer and more
flexible based on your future
predictable revenue and after that we wrap it
all up with a single transparent fee
so let’s get this party started at
There is constantly a point in time when a start-up’s founders, senior management group, and leading finance executives assess methods for how to scale the business to the next level and catalog what’s needed to do that successfully. Securing funding at an early stage can accelerate development and lead to attainable and quantifiable success. Ultimately, finance managers and the tactical planning group have to choose the right funding source to assist the company reach its goals.
that management sets for the organization. Weighing the risks and competitive risks in a intelligent and well balanced method is important as it can decide the future of your business The ramifications of offering equity, handling irregular capital, rate of interest motions, and the requirement to make timely payments to lending institutions are amongst the aspects to consider, just to name a few.
That said, with the rise of new and more sophisticated financing options that put business interests of start-ups and midsize companies first, there’s generally a method to find out a solution that’s a good fit. It is necessary to investigate the different funding options that are readily available to a company’s founders, management accounting professionals, and finance officers and what considerations they need 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 provider of non-dilutive growth capital for repeating Earnings business basically assisting companies grow without quiting that valuable Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s fantastic to be here yeah I’m really delighted to share more incredible I’m excited 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 creator it’s like you hit a crowning achievement out of the park out of evictions I enjoy it man that’s remarkable 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 best basically so so so yeah um we are four co-founders you know and it’s funny due to the fact that we’ve all satisfied through initially as pals you understand and then as co-founder so uh there’s three of us that work together at the very same SAS business in in Spain so all of us signed up with when it was very early I joined as the first person in sales and there are two individuals joined us that as item managers basically and we see the company from absolutely no to a few million err over 3 years and after that we left um at the same time approximately I went to organization school and I went to organization 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 company school I I entered into into Harvard and you understand I was very thrilled about it my entire goal was to go there for more information about how to end up being a founder and then ideally release something upon graduation and the one that I landed there I was looking into currently an idea with among these co-founders and it was authentic concept it had absolutely nothing to do or extremely little to do with what we’re doing now however you understand that was the beginning of the journey and the newbie Journey or the Insight that we had was that hey there remain in particular verticals there are a great deal of sequential payments you know and circular payments in between business and right now you simply need to wait on that series to develop or you understand like there’s no one simplifying those circular payments so we considered hey why don’t we do something similar to like a split wise or business in verticals such as you know fried or Logistics or construction you know you have a ton of parties that need to wait on different payments like they’re all involved in one way or another so imagine you have a platform and then you have company a post Business B 100 and Business B Home Business c a hundred dollars in reality with this platform what would happen is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay no or receive absolutely no and then company C we get a hundred dollars so when we’re talking with large business they all liked it but it was the normal like cold start problem I’m like hey this is terrific when everybody’s in the platform however till then it’s it’s pretty tough to get individuals to do anything so it was all about hi how do we get more data how can we kind of kick start this platform um without using the platform to start with so it was everything about getting more data and to get more information we got to 2 conclusions it’s like we either get information through using an Analytics tool a workflow tool or we offer a funding we have a financing and we get the information or individuals offer us data in order to get financing so you understand we started doing that like checking out a growing number of and more and then what we require what we saw is that we knew more about sales than anything else we were actually interested in fintech and specifically in funding and you understand like we would take a look at different modes various verticals and so on for two weeks at a time if we found enough things we would go 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 funny of using this this SAS business at all so they might extend terms to the consumers however always get the cash in advance so we’re resolving the financing payment possessions companies have which is they have upfront expenses to obtain clients and then they earn money months of the month right so to avoid that cash 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 state to the customer hey look the cost is 100
annually and if you wish to pay month-to-month fantastic use capshase you understand um and after that Founders enjoy that they resembled hey guys this is remarkable this is the Holy Grail of SAS since I need to do discount rates so my ACV increases and I can close sales faster due to the fact that I’m providing flexible payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle normally it resembles a compromise you understand and then the next thing they stated was like hey why do not I do this for all my customer base instead of for every new consumer that I solve so why do not I do this for my 300 clients instead of doing it for the internet for the 10 brand-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 upfront funding to be less dependent on Equity as I said the starting yeah all right this is what we’re going to begin with and then we’re going to discover a lot so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a good friend at HBS and then man we began working on it like crazy and and dropped out what is your long-term Vision so it started with you know you landed on this hate you if you’re sitting on ARR we understand the company’s uh churn we understand the business’s retention gross margins Etc so I can take their ARR and lend them up front x times times x ARR or times x mrr however what is a long-lasting vision of of the business so for us it’s it’s it’s or it’s all around SAS business right like we only way with such business deliberately right so we resisted the
desire to work and go with financing you understand with any vertical we just deal with SAS so our objective is to establish multiple items for SAS so we begin with funding and it’s fantastic because companies actually depend on us we truly like a partner and we we help them to not simply get financing however work better in a more effective way and through that we’re finding you understand chances to expand you know in the deal of a SAS item