It can be challenging to pick the financing model … Clearco Unicorn .
Receive up to a year of upfront capital right away, offering you the flexible financing you require to grow your business and scale. We offer the needed funding you need at that minute. Within 24 hours, we assess the funding required and deposit it quickly to your account.
Capchase deals with these users and organization types: Mid Size Company, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the very best of
you’re right with standard financing
that’s not actually 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 revenue and then we wrap it
all up with a single transparent charge
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There is constantly a point in time when a start-up’s founders, senior management group, and top financing executives examine techniques for how to scale the company to the next level and brochure what’s required to do that successfully. Protecting funding at an early stage can accelerate development and result in obtainable and quantifiable success. Eventually, financing managers and the tactical preparation group need to choose the right funding source to help the business reach its objectives.
that management sets for the company. Weighing the risks and competitive dangers in a balanced and smart way is vital as it can choose the future of your company The ramifications of selling equity, handling irregular cash flow, interest rate motions, and the requirement to make prompt payments to lending institutions are amongst the aspects to think about, just to name a few.
That said, with the increase of brand-new and more advanced funding options that put business interests of start-ups and midsize companies first, there’s generally a way to figure out a service that’s a great fit. It’s important to examine the various funding alternatives that are available to a company’s creators, management accounting professionals, and finance officers and what factors to consider 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 service provider of non-dilutive growth capital for repeating Profits business generally helping companies grow without giving up that valuable 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 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 consider from what I understood you’re a very first time creator very first time creator it resembles you hit a crowning achievement out of the park out of the gates I like it man that’s amazing well as quickly as they won you know like it’s never ever the Crowning achievement never ever like never ever counts till the video game is over best essentially so so so yeah um we are four co-founders you know and it’s funny due to the fact that we have actually all met through first as friends you know and after that as co-founder so uh there’s 3 of us that interact at the same SAS business in in Spain so all of us signed up with when it was extremely early I signed up with as the first person in sales and there are 2 individuals joined us that as product managers essentially and we see the company from zero to a few million err over 3 years and then we left um at the same time approximately I went to business school and I went to service 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 understand I was really thrilled about it my entire objective was to go there to learn more about how to become a founder and then ideally release something upon graduation and the one that I landed there I was looking into currently a concept 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 specific verticals there are a lot of consecutive payments you understand and circular payments in between business and today you simply need to wait on that sequence to establish or you know like there’s no one simplifying those circular payments so we thought about hello why do not we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or construction 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 House 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 no they would get they would pay zero or receive absolutely no and then company C we get a hundred dollars so when we’re talking with big business they all enjoyed it but it was the common like cold start problem I’m like hey this is excellent when everyone’s in the platform but up until then it’s it’s pretty difficult to get individuals to do anything so it was all about hi how do we get more data how can we kind of begin this platform um without utilizing the platform to start with so it was everything about getting more information and to get more data we got to two conclusions it’s like we either get information through offering an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or people provide us information in order to get funding so you know we started doing that like exploring increasingly 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 financing and you know 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 choose two more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you know which is funny of using this this SAS business at all so they might extend terms to the consumers however constantly get the money in advance so we’re solving the financing payment possessions business have which is they have in advance expenses to get consumers and then they get paid months of the month right so to prevent that money card that every SAS company deals with and that we dealt with in the past in the previous experience the objective was to give them a tool so they might state to the consumer hey look the rate is 100
per year and if you wish to pay month-to-month great usage capshase you understand um and then Creators enjoy that they were like hi guys this is incredible this is the Holy Grail of SAS due to the fact that I have to do discount rates so my ACV boosts and I can close sales much faster since I’m using flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle typically it resembles a compromise you understand and after that the next thing they stated resembled hey why do not I do this for all my client base instead of for every single new client that I solve so why do not I do this for my 300 customers 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 wanted was to transform their ARR or the client base into in advance financing to be less based on Equity as I said the starting yeah okay this is what we’re going to begin with and after that we’re going to discover a lot so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a buddy at HBS and after that male we began working on it like crazy and and dropped out what is your long-term Vision so it started with you know you arrived on this hate you if you’re sitting on ARR we understand the business’s uh churn we understand the business’s retention gross margins Etc so I can take their ARR and provide them up front x times times x ARR or times x mrr but 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 companies right like we only method with such companies intentionally right so we resisted the
urge to go and work with funding you know with any vertical we only work with SAS so our objective is to develop numerous products for SAS so we begin with funding and it’s great since business truly count on us we actually like a partner and we we help them to not just get funding but work better in a more effective method and through that we’re discovering you know chances to expand you know in the transaction of a SAS product