It can be challenging to choose the funding model … Finance Software Saas .
tap into non-dilutive growth capital on-demand. Get up to a year of upfront capital instantly, offering you the flexible financing you need to grow your business and scale. Select unpaid invoices or recently paid costs, and select payment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even annual contracts, adapting to meet your demands. We supply the required financing you require at that moment. Your money works for you rather than sitting idle. Within 24 hr, we evaluate the financing required and deposit it instantly to your account. Our easy-to-use user interface enables you to understand and manage all your accounts and transactions. Gain access to more capital as you scale. We are your partner every step of the way, lowering our rates the longer we interact. Your data enables us to quickly supply you with the correct amount of capital your service needs.
Capchase works with these users and company types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with conventional financing
that’s not really a choice previously
keep your 100 with cap chase we utilize information
to make funding quicker fairer and more
versatile based upon your future
predictable profits and then we wrap it
all up with a single transparent charge
so let’s get this celebration began at
There is constantly a time when a start-up’s creators, senior management team, and top financing executives examine techniques for how to scale the business to the next level and brochure what’s required to do that successfully. Securing funding at an early stage can speed up growth and result in achievable and quantifiable success. Ultimately, financing managers and the tactical planning team have to decide on the right financing source to help the company reach its goals.
that management sets for the company. Weighing the threats and competitive risks in a balanced and intelligent way is essential as it can decide the future of your company The ramifications of offering equity, handling inconsistent capital, interest rate movements, and the requirement to make prompt payments to lending institutions are amongst the elements to think about, simply to name a few.
That said, with the increase of brand-new and more advanced funding choices that put business interests of start-ups and midsize companies first, there’s normally a method to determine a solution that’s an excellent fit. It is necessary to investigate the various funding alternatives that are readily available to a business’s creators, management accounting professionals, and finance officers and what factors to consider 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 supplier of non-dilutive development capital for repeating Revenue companies generally assisting 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 so much for having me it’s fantastic to be here yeah I’m very thrilled to share more awesome I’m excited 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 understood you’re a first time creator first time creator it resembles you hit a home run out of the park out of the gates I love it man that’s incredible well as quickly as they won you understand like it’s never the Home Run never like never ever counts till the game is over best generally so so so yeah um we are 4 co-founders you understand and it’s amusing because we’ve all met through first as friends you know and then as co-founder so uh there’s 3 of us that work together at the very 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 individual in sales and there are two individuals joined us that as item managers essentially and we see the company from zero 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 organization school on the other one went to do a stint in VC with the objective of going to business school later on so when I go to organization school I I entered into into Harvard and you understand I was extremely delighted 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 researching already an idea with one of these co-founders and it was genuine idea it had nothing to do or extremely 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 specific verticals there are a great deal of consecutive payments you understand and circular payments between companies and right now you just have to await that sequence to develop or you know like there’s nobody simplifying those circular payments so we thought about hi why don’t we do something comparable to like a split smart or companies in verticals such as you know fried or Logistics or building you understand you have a ton of celebrations that have to wait for various payments like they’re all involved in one way or another so picture you have a platform and after that you have company a post Company B 100 and Business B House 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 no they would get they would pay zero or receive zero and after that company C we get a hundred dollars so when we’re speaking to big companies they all liked it but it was the typical like cold start problem I’m like hey this is terrific when everyone’s in the platform however until then it’s it’s pretty difficult to get people to do anything so it was everything about hi how do we get more data how can we sort of begin this platform um without utilizing the platform to start with so it was all about getting more information 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 financing we have a financing and we get the individuals or data provide us information in order to get financing so you understand we started doing that like checking out increasingly more and more and then what we need what we saw is that we knew more about sales than anything else we were actually interested in fintech and specifically in funding and you know like we would look at various modes various verticals and so on for two weeks at a time if we found enough stuff we would choose two more weeks if we didn’t would cut it and then in January 2020 we had the the idea you know which is funny of providing this this SAS business at all so they might extend terms to the customers but always get the money up front so we’re fixing the financing payment assets companies have which is they have in advance expenses to get customers and then they earn 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 goal was to give them a tool so they could state to the consumer hi look the rate is 100
annually and if you want to pay month-to-month fantastic use capshase you know um and then Creators like that they were like hi people this is incredible this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV boosts and I can close sales much faster 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 resembles a trade-off you understand and then the next thing they stated resembled hello 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 internet for the 10 new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the consumer base into in advance financing to be less based on Equity as I stated the starting yeah fine this is what we’re going to begin with and then we’re going to find out a lot so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a friend at HBS and after that guy we began dealing with it like crazy and and left what is your long-term Vision so it began with you know you arrived on this hate you if you’re resting on ARR we know the business’s uh churn we know the company’s retention gross margins And so on so I can take their ARR and lend them in advance 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 business intentionally right so we resisted the
desire to go and work with financing you know with any vertical we just work with SAS so our objective is to establish numerous products for SAS so we begin with financing and it’s great due to the fact that business truly rely on us we really like a partner and we we help them to not simply get funding but work better in a more effective way and through that we’re discovering you understand chances to expand you know in the deal of a SAS product