It can be challenging to choose the financing model … Dan Peters Capchase .
tap into non-dilutive development capital on-demand. Receive approximately 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 recently paid costs, and select 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 contracts, adjusting to fulfill your demands. We offer the necessary funding you require at that moment. Your cash works for you rather than sitting idle. Within 24 hours, we assess the funding needed and deposit it quickly to your account. Our easy-to-use interface enables you to comprehend and handle all your deals and accounts. Gain access to more capital as you scale. We are your partner every step of the way, minimizing our rates the longer we collaborate. Your data allows us to quickly offer you with the right amount of capital your service needs.
Capchase works with these users and organization types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the response how about the very best of
you’re right with standard funding
that’s not truly an alternative until now
keep your 100 with cap chase we utilize data
to make financing quicker fairer and more
versatile based upon your future
predictable profits and then we cover it
all up with a single transparent charge
Let’s get this celebration started at
There is always a moment when a start-up’s creators, senior management team, and top financing executives assess methods for how to scale the company to the next level and brochure what’s required to do that effectively. Protecting financing at an early stage can speed up growth and cause achievable and quantifiable success. Eventually, finance managers and the tactical preparation group need to choose the right funding source to help the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive risks in a intelligent and well balanced way is important as it can decide the future of your company The implications of offering equity, managing irregular capital, interest rate movements, and the need to make timely payments to lenders are among the factors to consider, just to name a few.
That stated, with the increase of brand-new and more sophisticated funding choices that put business interests of start-ups and midsize companies first, there’s usually a way to figure out an option that’s a good fit. It is essential to examine the various funding options that are available to a business’s creators, management accountants, and financing officers and what considerations they require to produce both the short and long 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 helping companies grow without giving up that precious Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m really 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 Creators why cap Chase what else did you consider from what I comprehended you’re a very first time creator first time founder it resembles you hit a crowning achievement out of the park out of the gates I love it man that’s incredible well as soon as they won you understand 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 since we’ve all met through initially as friends you know and after that 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 joined when it was really early I signed up with as the very first person in sales and there are two individuals joined us that as item managers basically and we see the business from no to a few million err over three years and then we left um at the same time roughly 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 company school afterwards so when I go to organization school I I entered into Harvard and you know I was extremely excited about it my whole objective was to go there to read more about how to end up being a creator and after that hopefully release something upon graduation and the one that I landed there I was looking into currently a concept with among these co-founders and it was genuine idea it had nothing to do or really 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 remain in certain verticals there are a lot of consecutive payments you know and circular payments in between companies and today you simply need to wait for that sequence to develop or you know like there’s nobody simplifying those circular payments so we thought about hey why do not we do something comparable to like a split smart 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 await various payments like they’re all associated with one way or another so picture 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 Business B zero they would get they would pay no or receive absolutely no and then company C we get a hundred dollars so when we’re speaking with big companies they all liked it however it was the common like cold start problem I’m like hey this is terrific when everyone remains in the platform but until then it’s it’s quite tough to get individuals to do anything so it was everything about hey 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 all about getting more information and to get more information we got to 2 conclusions it resembles we either get information through using an Analytics tool a workflow tool or we provide a financing we have a financing and we get the data or people provide us information in order to get funding so you know we started doing that like checking out more and more and more and after that what we need what we saw is that we understood more about sales than anything else we were truly thinking about fintech and particularly in financing and you know like we would look at different modes different verticals and so on for two weeks at a time if we discovered enough stuff we would opt for 2 more weeks if we didn’t would suffice and after that 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 however constantly get the money up front so we’re resolving the financing payment properties business have which is they have upfront expenses to obtain clients and then they make money months of the month right so to avoid that cash card that every SAS business faces which we faced in the past in the previous experience the objective was to provide a tool so they could state to the consumer hey look the rate is 100
annually and if you wish to pay month-to-month fantastic use capshase you know um and then Creators love that they were like hello men this is fantastic this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales quicker since I’m providing flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle typically it resembles a trade-off you understand and then the next thing they said resembled hello why don’t I do this for all my consumer base instead of for each brand-new customer that I solve so why don’t I do this for my 300 consumers instead of doing it for the web for the 10 brand-new consumers I get months of a month so then we saw what they desired was to convert their ARR or the client base into in advance funding to be less depending on Equity as I stated the beginning yeah fine this is what we’re going to start with and after that we’re going to discover so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a pal at HBS and after that man we started dealing with it like crazy and and left 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 business’s uh churn we understand the business’s retention gross margins And so on 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-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 intentionally right so we resisted the
urge to go and work with financing you know with any vertical we just deal with SAS so our objective is to develop several products for SAS so we start with financing and it’s terrific because business really depend on us we truly like a partner and we we help them to not simply get funding but work much better in a more effective way and through that we’re finding you know opportunities to broaden you understand in the transaction of a SAS product