It can be challenging to choose the financing model … Clearco Partners .
Receive up to a year of in advance capital immediately, offering you the flexible financing you need to grow your organization and scale. We provide the necessary financing you need at that moment. Within 24 hours, we assess the financing required and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Organization, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the response how about the best of
you’re right with traditional funding
that’s not really an option previously
keep your 100 with cap chase we utilize information
to make financing much faster fairer and more
versatile based upon your future
predictable profits and then we cover it
all up with a single transparent fee
Let’s get this celebration started at
There is constantly a moment when a start-up’s creators, senior management group, and leading financing executives examine strategies for how to scale the company to the next level and brochure what’s required to do that successfully. Securing financing at an early stage can speed up development and lead to achievable and quantifiable success. Eventually, financing supervisors and the strategic planning group need to choose the right funding source to assist the company reach its objectives.
that management sets for the organization. Weighing the dangers and competitive risks in a smart and balanced way is important as it can choose the future of your business The implications of selling equity, handling inconsistent cash flow, interest rate movements, and the requirement to make prompt payments to loan providers are among the elements to consider, simply to name a few.
That said, with the increase of new and more advanced financing choices that put business interests of start-ups and midsize companies first, there’s typically a method to determine a solution that’s a great fit. It is very important to investigate the different financing 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 long and brief term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive growth capital for recurring Revenue business essentially assisting companies 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 terrific to be here yeah I’m extremely thrilled to share more incredible I’m delighted to enter 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 comprehended you’re a first time founder first time founder it’s like you hit a home run out of the park out of the gates I love it man that’s remarkable well as soon as they won you know like it’s never the Home Run never ever like never counts until the video game is over best generally so so so yeah um we are four co-founders you understand and it’s amusing because we’ve all satisfied through initially as good friends you understand and after that as co-founder so uh there’s three people that work together at the exact same SAS business in in Spain so all of us signed up with when it was really early I joined as the very first person in sales and there are 2 people joined us that as item supervisors essentially and we see the company from absolutely no to a couple of million err over three years and after that we left um at the same time approximately I went to company school and I went to service school on the other one went to do a stint in VC with the goal of going to organization school afterwards so when I go to business school I I entered into Harvard and you know I was very excited about it my whole goal was to go there to read more about how to become a creator 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 genuine idea it had nothing to do or very little to do with what we’re doing now but you understand that was the beginning of the newbie and the journey Journey or the Insight that we had was that hey there are in particular verticals there are a lot of consecutive payments you know and circular payments in between companies and today you just need to wait on that sequence to establish or you know like there’s no one streamlining those circular payments so we considered hi why do not we do something comparable to like a split wise or companies in verticals such as you know fried or Logistics or building you know you have a lots of celebrations that need to wait for different payments like they’re all associated with 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 business.
a would pay a hundred the platform Company B zero they would get they would pay absolutely no or receive no and then company C we get a hundred dollars so when we’re speaking to large business they all loved it however it was the typical like cold start problem I resemble hey this is excellent when everyone’s in the platform but until then it’s it’s pretty tough to get individuals to do anything so it was everything about hi how do we get more data how can we type of begin this platform um without using the platform to start with so it was all about getting more data and to get more information we got to two conclusions it resembles we either get information through using an Analytics tool a workflow tool or we provide a financing we have a funding and we get the people or information give us information in order to get funding so you know we began doing that like exploring increasingly more and more and after that what we require what we saw is that we understood more about sales than anything else we were actually thinking about fintech and specifically in financing and you understand like we would take a look at various modes different verticals and so on for 2 weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would suffice and then in January 2020 we had the the concept you know which is funny of using this this SAS companies at all so they might extend terms to the customers but constantly get the cash in advance so we’re fixing the funding payment possessions companies have which is they have upfront costs to acquire customers and after that they make money months of the month right so to prevent that money card that every SAS company faces and that we dealt with in the past in the previous experience the goal was to provide a tool so they might say to the customer hi look the cost is 100
each year and if you want to pay month-to-month fantastic usage capshase you understand um and then Founders enjoy that they were like hey men this is fantastic this is the Holy Grail of SAS since I have to do discount rates so my ACV boosts and I can close sales much faster because I’m using versatile payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle generally it resembles a trade-off you know and then the next thing they said was like hello why don’t I do this for all my customer base instead of for each new consumer that I get right so why do not I do this for my 300 clients instead of doing it for the web for the 10 brand-new customers I get months of a month so then we saw what they wanted was to transform their ARR or the consumer base into upfront funding to be less depending on Equity as I stated the beginning yeah all right this is what we’re going to start with and then we’re going to find out so much so we’re gon na do the rest later on and that’s when the 4th co-founder joined who has a buddy at HBS and then guy we started working on it like crazy and and left what is your long-lasting Vision so it started with you know you landed on this hate you if you’re resting on ARR we understand the business’s uh churn we understand the company’s retention gross margins Etc so I can take their ARR and provide them in advance 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 business right like we just method with such companies intentionally right so we resisted the
desire to work and go with financing you know with any vertical we just work with SAS so our goal is to establish multiple items for SAS so we start with financing and it’s excellent because companies really 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 effective method and through that we’re finding you understand opportunities to expand you understand in the transaction of a SAS product