It can be challenging to choose the financing model … Financing High-margain Saas .
Get up to a year of in advance capital right away, providing you the flexible financing you need to grow your organization and scale. We provide the needed funding you require at that minute. Within 24 hours, we examine the funding needed and deposit it instantly to your account.
Capchase works with these users and organization types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the very best of
you’re right with conventional funding
that’s not truly an option until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based on your future
foreseeable profits and after that we wrap it
all up with a single transparent fee
so let’s get this celebration started at
There is constantly a time when a start-up’s founders, senior management team, and leading finance executives examine strategies for how to scale the company to the next level and catalog what’s needed to do that successfully. Securing funding at an early stage can speed up growth and lead to measurable and obtainable success. Ultimately, financing managers and the tactical planning team need to pick the right financing source to help the business reach its objectives.
that management sets for the organization. Weighing the risks and competitive risks in a smart and well balanced method is crucial as it can choose the future of your company The implications of offering equity, handling irregular cash flow, rates of interest motions, and the requirement to make timely payments to lenders are among the factors to consider, simply to name a few.
That said, with the increase of new and more sophisticated financing options that put business interests of start-ups and midsize business first, there’s generally a method to figure out a service that’s a great fit. It is essential to investigate the different financing choices that are offered to a company’s creators, management accountants, and finance officers and what factors to consider they need to make for both the brief and long 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 growth capital for repeating Earnings business essentially helping companies grow without giving up that valuable 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 fantastic to be here yeah I’m very delighted to share more remarkable 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 think about from what I understood you’re a first time creator very first time founder it’s like you hit a crowning achievement out of the park out of evictions I enjoy it man that’s incredible well as soon as they won you know like it’s never the Crowning achievement never like never counts until the game is over best essentially so so so yeah um we are 4 co-founders you know and it’s funny since we have actually all met through initially as buddies you know and then as co-founder so uh there’s three people that work together at the very same SAS company in in Spain so all of us joined when it was very early I signed up with as the very first person in sales and there are 2 individuals joined us that as product managers generally and we see the company from absolutely no to a few million err over three years and after that we left um at the same time roughly I went to business 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 company school I I got into into Harvard and you understand I was really delighted about it my whole objective was to go there to get more information about how to become a founder 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 extremely little to do with what we’re doing now however you know that was the start of the novice and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a great deal of sequential payments you know and circular payments in between companies and today you just need to wait for that sequence to establish or you understand like there’s no one streamlining those circular payments so we considered hi why don’t we do something similar to like a split sensible or companies in verticals such as you know fried or Logistics or building and construction you know you have a ton of celebrations that need to wait on 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 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 Company B no they would get they would pay zero or get no and then business C we get a hundred dollars so when we’re talking with big business they all loved it but it was the normal like cold start problem I resemble hey this is terrific when everybody’s in the platform but until then it’s it’s quite tough to get people to do anything so it was all about hey how do we get more data how can we sort of kick start this platform um without using the platform to start with so it was everything about getting more data and to get more information we got to 2 conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we offer a financing we have a financing and we get the data or individuals offer us data in order to get financing so you know we began doing that like checking out a growing number of and more and after that what we need what we saw is that we understood more about sales than anything else we were really thinking about fintech and specifically in financing 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 things we would opt for two more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is amusing of providing this this SAS business at all so they could extend terms to the customers however always get the cash up front so we’re fixing the financing payment properties companies have which is they have upfront costs to obtain clients and after that they make money months of the month right so to prevent that money card that every SAS company faces which we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the customer hey look the rate is 100
annually and if you want to pay monthly fantastic usage capshase you understand um and after that Creators like that they resembled hi people this is incredible this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales quicker due to the fact that I’m offering flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle typically it’s like a compromise you understand and after that the next thing they said was like hey why don’t I do this for all my consumer base instead of for each brand-new consumer that I solve so why don’t I do this for my 300 clients instead of doing it for the web for the 10 new customers I get months of a month so then we saw what they desired was to transform their ARR or the customer base into upfront financing to be less depending on Equity as I said 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 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-lasting Vision so it started with you understand you arrived at this hate you if you’re sitting on ARR we know the company’s uh churn we know the company’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 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 companies right like we just way with such business intentionally right so we withstood the
desire to go and work with funding you know with any vertical we just deal with SAS so our goal is to establish numerous items for SAS so we start with funding and it’s terrific because companies truly rely on us we truly like a partner and we we help them to not just get financing however work better in a more efficient method and through that we’re discovering you know chances to expand you understand in the deal of a SAS item