It can be challenging to pick the funding model … Flexible Financing For Growing Saas Businesses .
tap into non-dilutive growth capital on-demand. Receive as much as a year of in advance capital immediately, giving you the flexible funding you need to grow your business and scale. Select unpaid billings or just recently paid expenses, and choose payment regards to 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adapting to fulfill your demands. We provide the essential funding you need at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we evaluate the funding needed and deposit it instantly to your account. Our user friendly user interface enables you to understand and handle all your transactions 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 enables us to quickly offer you with the correct amount of capital your company requirements.
Capchase deals with these users and company types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with traditional funding
that’s not really a choice until now
keep your 100 with cap chase we use information
to make funding faster fairer and more
flexible based upon your future
foreseeable revenue and after that we cover it
all up with a single transparent charge
Let’s get this party started at
There is always a moment when a start-up’s creators, senior management group, and top financing 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 result in quantifiable and obtainable success. Ultimately, finance supervisors and the strategic preparation group need to pick the right financing source to assist the business reach its objectives.
that management sets for the organization. Weighing the risks and competitive hazards in a smart and balanced way is essential as it can decide the future of your business The implications of selling equity, handling inconsistent capital, rate of interest motions, and the requirement to make timely payments to lenders are among the aspects to think about, simply to name a few.
That stated, with the rise of new and more sophisticated financing options that put business interests of start-ups and midsize companies first, there’s usually a way to determine a service that’s a great fit. It’s important to investigate the various funding options that are available to a business’s founders, management accountants, and financing 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 supplier of non-dilutive growth capital for recurring Revenue companies generally assisting business grow without quiting that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m really delighted to share more awesome 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 think about from what I comprehended you’re a first time founder first time founder it’s like you hit a home run out of the park out of evictions I enjoy it man that’s fantastic well as soon as they won you understand like it’s never ever the Home Run never ever like never counts up until the video game is over ideal essentially so so so yeah um we are four co-founders you understand and it’s funny since we’ve all satisfied through first as buddies you know and then as co-founder so uh there’s 3 people that interact at the exact same SAS company in in Spain so we all joined when it was really early I joined as the very first individual in sales and there are 2 individuals joined us that as item supervisors basically and we see the company from zero to a couple of million err over three years and after that we left um at the same time approximately I went to organization school and I went to organization school on the other one went to do a stint in VC with the objective of going to service school later on so when I go to service school I I entered into into Harvard and you know I was really delighted about it my whole goal was to go there to get more information about how to end up being a creator and after that ideally release something upon graduation and the one that I landed there I was investigating currently a concept with among these co-founders and it was genuine idea it had nothing to do or extremely little to do with what we’re doing now however you understand that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there are in specific verticals there are a lot of sequential payments you understand and circular payments between companies and right now you simply need to await that series to develop or you understand like there’s nobody streamlining those circular payments so we considered hi why don’t we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or building you know you have a lots of parties that have to wait on different payments like they’re all associated with one way or another so envision you have a platform and then you have company a post Business B 100 and Company B Home Business c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Business B zero they would get they would pay no or receive absolutely no and after that company C we get a hundred dollars so when we’re talking to big business they all liked it however it was the common like cold start problem I resemble hey this is terrific when everyone remains in the platform but till then it’s it’s quite tough to get people to do anything so it was all about hello how do we get more data how can we kind of kick start this platform um without using the platform to start with so it was all about getting more information and to get more information 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 data or individuals offer us information in order to get funding so you understand we began doing that like checking out a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were really thinking about fintech and particularly in financing and you understand like we would look at different modes different verticals and so on for 2 weeks at a time if we found enough stuff we would opt for two more weeks if we didn’t would suffice and after that in January 2020 we had the the concept you understand which is funny of offering this this SAS business at all so they could extend terms to the customers but always get the money up front so we’re fixing the financing payment possessions companies have which is they have upfront expenses to obtain consumers and then they make money months of the month right so to avoid that cash card that every SAS business faces which we dealt with in the past in the previous experience the goal was to provide a tool so they could say to the consumer hey look the rate is 100
each year and if you want to pay monthly great usage capshase you know um and after that Founders love that they resembled hi men this is amazing this is the Holy Grail of SAS due to the fact that I have to do discounts so my ACV increases and I can close sales much faster since I’m using versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle typically it’s like a compromise you know and then the next thing they stated resembled hello why don’t I do this for all my client base instead of for every new consumer that I get right so why don’t I do this for my 300 clients 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 based on Equity as I stated the beginning yeah okay this is what we’re going to begin with and then we’re going to discover so much so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a buddy at HBS and after that man we began dealing with it like crazy and and dropped out what is your long-term Vision so it started with you know you arrived at this hate you if you’re resting on ARR we know the business’s uh churn we know the company’s retention gross margins Etc 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 business so for us it’s it’s it’s or it’s all around SAS business right like we just way with such companies intentionally right so we withstood the
urge to go and work with financing you know with any vertical we only deal with SAS so our goal is to develop multiple items for SAS so we begin with funding and it’s terrific since companies truly depend on us we truly like a partner and we we help them to not simply get financing but work better in a more efficient way and through that we’re finding you understand chances to broaden you know in the transaction of a SAS product