It can be challenging to pick the funding model … Clearco Saas .
take advantage of non-dilutive development capital on-demand. Get approximately a year of upfront capital right away, giving you the flexible funding you need to grow your service and scale. Select unsettled billings or just recently paid expenses, and choose payment regards to 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly contracts, adjusting to satisfy your needs. We provide the necessary funding you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we examine the funding required and deposit it quickly to your account. Our user friendly interface permits you to understand and handle all your accounts and deals. Access more capital as you scale. We are your partner every action of the way, lowering our rates the longer we work together. Your information enables us to rapidly offer you with the correct amount of capital your service needs.
Capchase works with these users and company types: Mid Size Business, 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 best of
you’re right with traditional financing
that’s not truly an alternative previously
keep your 100 with cap chase we use information
to make funding much faster fairer and more
flexible based on your future
predictable income and then we wrap it
all up with a single transparent fee
Let’s get this party began at
There is constantly a time when a start-up’s creators, senior management group, and top finance executives examine methods for how to scale the business to the next level and brochure what’s needed to do that successfully. Securing financing at an early stage can accelerate growth and result in obtainable and measurable success. Ultimately, finance managers and the tactical planning group have to choose the right funding source to help the company reach its goals.
that management sets for the organization. Weighing the risks and competitive hazards in a smart and balanced method is essential as it can decide the future of your company The ramifications of selling equity, handling inconsistent capital, rates of interest motions, and the requirement to make prompt payments to loan providers are amongst the factors to think about, simply to name a few.
That said, with the increase of new and more advanced financing options that put the business interests of start-ups and midsize business first, there’s typically a way to find out a service that’s a good fit. It is necessary to examine the different financing choices that are available to a business’s founders, management accountants, and financing officers and what considerations they need to make for both the long and brief term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for recurring Income companies basically assisting business grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m really delighted to share more remarkable I’m delighted to enter into 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 comprehended you’re a first time creator very first time creator it’s like you struck 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 ever like never ever counts until the game is over right generally so so so yeah um we are four co-founders you understand and it’s funny due to the fact that we’ve all fulfilled through initially as buddies you know and then as co-founder so uh there’s 3 people that work together at the exact same SAS company in in Spain so we all signed up with when it was very early I joined as the very first individual in sales and there are two individuals joined us that as product managers basically and we see the company from absolutely no to a couple of million err over three years and then we left um at the same time approximately I went to company school and I went to company school on the other one went to do a stint in VC with the goal of going to company school afterwards so when I go to service school I I entered into into Harvard and you know I was extremely thrilled about it my entire objective was to go there to get more information about how to become a creator and then hopefully introduce something upon graduation and the one that I landed there I was investigating already an idea with among these co-founders and it was genuine idea it had absolutely nothing to do or very little to do with what we’re doing now but you know 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 great deal of sequential payments you understand and circular payments in between business and right now you simply need to wait on that sequence to develop or you understand like there’s nobody simplifying those circular payments so we considered hey 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 understand you have a ton of celebrations that need to wait for different payments like they’re all associated with one way or another so envision you have a platform and after that you have company a post Company B 100 and Company B Home Company c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay no or receive zero and after that business C we get a hundred dollars so when we’re talking with big companies they all enjoyed it but it was the common like cold start issue I’m like hey this is great when everyone’s in the platform but up until then it’s it’s quite difficult to get people to do anything so it was all about hello how do we get more information how can we type of begin this platform um without utilizing 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 providing an Analytics tool a workflow tool or we provide a funding we have a funding and we get the individuals or information give us data in order to get financing so you know we started doing that like checking out a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were really interested in fintech and specifically in funding and you understand like we would look at different modes various verticals and so on for two weeks at a time if we discovered enough things we would opt for two more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you understand which is funny of using this this SAS business at all so they could extend terms to the consumers however always get the money in advance so we’re fixing the financing payment properties companies have which is they have in advance costs to obtain consumers and after that they get paid months of the month right so to avoid that cash card that every SAS company faces and that we dealt with in the past in the previous experience the objective was to give them a tool so they could state to the client hey look the cost is 100
each year and if you want to pay regular monthly terrific use capshase you understand um and then Founders enjoy that they were like hi guys this is amazing this is the Holy Grail of SAS due to the fact that I have to do discount rates so my ACV increases and I can close sales quicker due to the fact that I’m providing flexible payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle generally it’s like a trade-off you understand and after that the next thing they stated was like hello why don’t I do this for all my consumer base instead of for every brand-new consumer that I solve so why don’t I do this for my 300 customers 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 client base into in advance funding to be less dependent on Equity as I stated the beginning yeah alright this is what we’re going to start with and then we’re going to learn so much so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a pal at HBS and then male we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it started with you understand you arrived 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 Etc 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-term vision of of the business so for us it’s it’s it’s or it’s all around SAS business right like we just way with such companies deliberately right so we withstood the
urge to go and work with funding you understand with any vertical we only deal with SAS so our goal is to develop several items for SAS so we begin with funding and it’s fantastic due to the fact that business really depend on us we actually like a partner and we we help them to not just get funding however work better in a more effective way and through that we’re discovering you understand chances to broaden you understand in the deal of a SAS product