It can be challenging to select the financing model … Capchasempany Api .
tap into non-dilutive growth capital on-demand. Receive as much as a year of in advance capital right away, giving you the versatile financing you need to grow your business and scale. Select overdue invoices or just recently paid costs, and pick payment terms of 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adjusting to meet your needs. We supply the needed funding you require at that moment. Your money works for you rather than sitting idle. Within 24 hr, we assess the financing needed and deposit it quickly to your account. Our easy-to-use interface permits you to understand and manage all your accounts and transactions. Access more capital as you scale. We are your partner every action of the way, reducing our rates the longer we collaborate. Your data enables us to rapidly provide you with the right amount of capital your service requirements.
Capchase works with these users and company types: Mid Size Organization, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
you’re right with conventional financing
that’s not actually a choice until now
keep your 100 with cap chase we use information
to make financing quicker fairer and more
flexible based upon your future
foreseeable profits and after that we wrap it
all up with a single transparent cost
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 financing executives assess strategies for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can speed up growth and result in measurable and obtainable success. Eventually, finance managers and the strategic preparation group have to select the right financing source to assist the company reach its objectives.
that management sets for the organization. Weighing the dangers and competitive dangers in a well balanced and intelligent method is vital as it can choose the future of your business The ramifications of selling equity, managing irregular capital, interest rate movements, and the requirement to make prompt payments to lenders are among the aspects to consider, just to name a few.
That stated, with the increase of new and more sophisticated financing alternatives that put the business interests of start-ups and midsize business initially, there’s usually a way to figure out an option that’s a good fit. It is essential to investigate the different financing options that are available to a company’s creators, management accounting professionals, and financing officers and what considerations they require to produce both the brief and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for recurring Profits companies generally assisting business grow without giving up that precious Equity you took so long to build Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m very delighted to share more remarkable I’m delighted to get into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you think about from what I understood you’re a very first time founder very first time creator it resembles you hit a home run out of the park out of the gates I like it man that’s amazing well as soon as they won you understand like it’s never the Home Run never ever like never ever counts until the video 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 understand and then 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 signed up with when it was very early I joined as the first individual in sales and there are 2 people joined us that as item managers essentially and we see the company from no to a couple of million err over 3 years and then we left um at the same time approximately I went to business 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 later on so when I go to business school I I got into into Harvard and you understand I was extremely thrilled about it my whole objective was to go there to get more information about how to end up being a creator and after that ideally introduce something upon graduation and the one that I landed there I was investigating already a concept with among these co-founders and it was genuine concept it had nothing to do or really little to do with what we’re doing now but 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 particular verticals there are a great deal of consecutive payments you know and circular payments between business and today you just have to wait on that sequence to establish or you know like there’s no one streamlining those circular payments so we thought of hey why don’t we do something comparable to like a split wise or companies in verticals such as you know fried or Logistics or building and construction you understand you have a lots of parties that have to wait for different payments like they’re all involved in one way or another so envision you have a platform and after that you have company a post Business B 100 and Business B Home Business c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or get absolutely no and then business C we get a hundred dollars so when we’re talking to large business they all liked it but it was the typical like cold start problem I’m like hey this is terrific when everybody remains in the platform but till then it’s it’s quite tough to get people to do anything so it was all about hey how do we get more data how can we sort of begin this platform um without using the platform to start with so it was everything about getting more data and to get more data we got to two conclusions it resembles we either get data through providing an Analytics tool a workflow tool or we offer a financing we have a financing and we get the individuals or information provide us information in order to get funding so you know we began doing that like exploring more and more and more and then what we require what we saw is that we understood more about sales than anything else we were really interested in fintech and particularly in funding and you understand like we would look at different modes different verticals and so on for 2 weeks at a time if we discovered enough things we would go for two more weeks if we didn’t would cut it and then in January 2020 we had the the idea you understand which is funny of offering this this SAS companies at all so they might extend terms to the customers but constantly get the money up front so we’re resolving the funding payment possessions companies have which is they have in advance expenses to obtain customers and then they make money months of the month right so to prevent that money card that every SAS business faces which we dealt with in the past in the previous experience the objective was to give them a tool so they might say to the customer hi look the price is 100
annually and if you want to pay monthly terrific use capshase you know um and then Founders enjoy that they were like hi people this is incredible this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales much faster because I’m offering flexible payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle typically it’s like a trade-off you know and then the next thing they stated was like hello why don’t I do this for all my customer base instead of for every single new consumer that I get right so why don’t I do this for my 300 consumers instead of doing it for the net 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 customer base into upfront funding to be less dependent on Equity as I stated the starting yeah all right this is what we’re going to start with and after that we’re going to find out 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 guy we began dealing with it like crazy and and left what is your long-lasting Vision so it began with you understand you landed on this hate you if you’re resting on ARR we understand the company’s uh churn we understand the business’s retention gross margins And so on so I can take their ARR and lend them in advance 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 companies deliberately right so we withstood the
urge to go and work with funding you know with any vertical we only work with SAS so our objective is to develop multiple products for SAS so we start with funding and it’s fantastic since business truly count on us we really like a partner and we we help them to not just get financing but work much better in a more efficient way and through that we’re finding you know opportunities to broaden you know in the transaction of a SAS item