It can be challenging to select the financing model … Demand Dividends Revenue Based Financing .
Receive up to a year of in advance capital immediately, providing you the flexible funding you require to grow your business and scale. We provide the needed funding you require at that minute. Within 24 hours, we assess the funding needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Service, Small Company, Business, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the best of
you’re right with standard financing
that’s not actually a choice until now
keep your 100 with cap chase we use data
to make funding much faster fairer and more
flexible based upon your future
foreseeable earnings and then we wrap it
all up with a single transparent cost
so let’s get this celebration started at
There is constantly a point in time when a start-up’s founders, senior management team, and top financing executives examine methods for how to scale the company to the next level and brochure what’s required to do that effectively. Protecting funding at an early stage can accelerate growth and lead to quantifiable and obtainable success. Eventually, finance managers and the tactical planning group need to pick the right financing source to assist the company reach its goals.
that management sets for the organization. Weighing the dangers and competitive risks in a well balanced and smart method is important as it can choose the future of your company The implications of selling equity, managing irregular cash flow, rate of interest movements, and the requirement to make prompt payments to lenders are amongst the elements to think about, just to name a few.
That said, with the increase of new and more advanced financing alternatives that put the business interests of start-ups and midsize business initially, there’s generally a method to find out a solution that’s an excellent fit. It is very important to investigate the various funding options that are readily available to a business’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 delighted to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive development capital for repeating Profits business generally helping business grow without quiting that precious Equity you took so long to construct Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s excellent to be here yeah I’m very delighted to share more incredible I’m thrilled to enter 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 comprehended you’re a first time founder very first time founder it’s like you struck a crowning achievement out of the park out of evictions I love it man that’s fantastic well as quickly as they won you understand like it’s never the Crowning achievement never like never ever counts until the game is over best basically so so so yeah um we are four co-founders you understand and it’s amusing because we’ve all met through initially as pals you know and then as co-founder so uh there’s 3 of us that collaborate at the same SAS company in in Spain so we all joined when it was extremely early I signed up with as the first individual in sales and there are 2 people joined us that as product managers generally and we see the company from zero to a couple of million err over three years and then we left um at the same time approximately I went to business school and I went to company school on the other one went to do a stint in VC with the objective of going to organization school later on so when I go to business school I I entered into into Harvard and you understand I was really excited about it my whole goal was to go there to read more about how to end up being a creator and after that ideally launch something upon graduation and the one that I landed there I was investigating already a concept with one of 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 start of the newbie and the journey Journey or the Insight that we had was that hey there are in specific verticals there are a great deal of sequential payments you know and circular payments in between companies and today you simply have to wait on that sequence to establish or you know like there’s no one simplifying those circular payments so we considered hello why don’t we do something similar to like a split smart or business in verticals such as you know fried or Logistics or construction you know you have a lots of parties that need to wait on various payments like they’re all involved in one way or another so picture you have a platform and then you have company a post Business B 100 and Business B House 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 absolutely no 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 big companies they all liked it however it was the common like cold start issue I resemble hey this is fantastic when everyone remains in the platform but till then it’s it’s quite difficult to get people to do anything so it was everything about hello how do we get more information how can we type of kick start this platform um without utilizing the platform to start with so it was all about getting more data and to get more data we got to two 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 data or individuals provide us information in order to get funding so you understand we began doing that like checking out increasingly more and more and then what we need what we saw is that we understood more about sales than anything else we were truly thinking about fintech and specifically in funding and you understand like we would take a look at different modes various verticals and so on for two weeks at a time if we discovered enough things we would go for two more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you understand which is amusing of providing this this SAS companies at all so they might extend terms to the clients but constantly get the cash up front so we’re fixing the financing payment assets companies have which is they have in advance expenses to acquire customers and then they make money months of the month right so to avoid that money card that every SAS business faces and that we faced in the past in the previous experience the goal was to provide a tool so they could say to the client hi look the price is 100
each year and if you want to pay month-to-month great usage capshase you know um and then Creators love that they resembled hey men this is incredible this is the Holy Grail of SAS because I have to do discount rates so my ACV boosts and I can close sales much faster since I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle usually it’s like a trade-off you know and then the next thing they stated was like hi why don’t I do this for all my consumer base instead of for every 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 new consumers I get months of a month so then we saw what they wanted was to convert their ARR or the customer base into in advance financing to be less dependent on Equity as I stated the beginning yeah okay this is what we’re going to begin with and then we’re going to learn so much so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a friend at HBS and then male we began working on it like crazy and and dropped out what is your long-term Vision so it began with you know you arrived on this hate you if you’re sitting on ARR we understand the company’s uh churn we know the business’s retention gross margins And so on so I can take their ARR and lend them up front x times times x ARR or times x mrr but what is a long-lasting vision of of the company so for us it’s it’s it’s or it’s all around SAS companies right like we only method with such companies deliberately right so we withstood the
urge to work and go with funding you know with any vertical we just deal with SAS so our goal is to establish several items for SAS so we start with funding and it’s excellent because companies really count on us we really like a partner and we we help them to not just get funding but work better in a more efficient way and through that we’re discovering you know chances to broaden you know in the transaction of a SAS item