It can be challenging to select the funding model … Growth Capital .
tap into non-dilutive growth capital on-demand. Receive as much as a year of upfront capital instantly, giving you the flexible financing you need to grow your company and scale. Select overdue invoices or just recently paid costs, and select repayment terms of 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even annual contracts, adjusting to fulfill your needs. We provide the essential financing you need at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we assess the funding required and deposit it instantly to your account. Our easy-to-use interface enables you to comprehend and manage all your deals and accounts. Gain access to more capital as you scale. We are your partner every step of the method, decreasing our rates the longer we interact. Your data allows us to quickly supply you with the correct amount of capital your company needs.
Capchase deals with these users and organization types: Mid Size Company, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the response how about the best of
you’re right with conventional funding
that’s not actually an alternative until now
keep your 100 with cap chase we use information
to make financing faster fairer and more
flexible based upon your future
predictable revenue and then we wrap it
all up with a single transparent cost
so let’s get this party started at
There is constantly a moment when a start-up’s creators, senior management group, and leading finance executives evaluate techniques for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting financing at an early stage can accelerate development and cause quantifiable and attainable success. Eventually, finance supervisors and the tactical planning group have to select the right financing source to help the business reach its objectives.
that management sets for the company. Weighing the dangers and competitive threats in a intelligent and well balanced method is essential as it can choose the future of your business The implications of selling equity, managing inconsistent cash flow, interest rate movements, and the need to make timely payments to lenders are among the aspects to consider, simply to name a few.
That said, with the rise of brand-new and more sophisticated funding choices that put business interests of start-ups and midsize business first, there’s usually a way to figure out an option that’s a good fit. It is necessary to examine the various financing alternatives that are offered to a business’s creators, management accountants, and financing officers and what considerations they require to produce both the long and short term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive development capital for repeating Income companies generally assisting companies grow without giving up that valuable Equity you took so long to build 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 extremely delighted to share more remarkable I’m thrilled to enter into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you consider from what I understood you’re a very first time founder very first time founder it’s like you hit a crowning achievement out of the park out of the gates I enjoy it man that’s remarkable well as soon as they won you know like it’s never the Home Run never like never counts up until the game is over right essentially so so so yeah um we are four co-founders you understand and it’s funny due to the fact that we have actually all satisfied through first as buddies you know and after that as co-founder so uh there’s three people that work together at the same SAS business in in Spain so all of us signed up with when it was extremely early I signed up with as the very first individual in sales and there are 2 individuals joined us that as item managers essentially and we see the business from absolutely no to a few million err over 3 years and then we left um at the same time approximately I went to service school and I went to service 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 extremely excited about it my whole objective was to go there to learn more about how to become a founder and after that ideally launch something upon graduation and the one that I landed there I was investigating already a concept with among 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 know that was the start 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 sequential payments you understand and circular payments between business and right now you simply need to await that sequence to establish or you know like there’s nobody simplifying those circular payments so we thought about hello why do not we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or building and construction you know you have a lots of celebrations that have to wait for different payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B House Business c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Business B absolutely no they would get they would pay absolutely no or receive zero and then company C we get a hundred dollars so when we’re speaking with big business they all liked it however it was the normal like cold start problem I’m like hey this is excellent when everyone’s in the platform but up until then it’s it’s quite tough to get people to do anything so it was everything about hey how do we get more data 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 data we got to two conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we offer a financing we have a funding 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 increasingly more and more and after that 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 funding and you know like we would take a look at different modes various verticals and so on for two weeks at a time if we found enough things we would opt for 2 more weeks if we didn’t would suffice and then in January 2020 we had the the idea you know which is funny of using this this SAS business at all so they might extend terms to the clients however constantly get the money in advance so we’re resolving the financing payment properties companies have which is they have in advance costs to get customers and then they get paid months of the month right so to prevent that cash card that every SAS business faces which we faced in the past in the previous experience the objective was to give them a tool so they might state to the consumer hi look the price is 100
per year and if you wish to pay monthly great use capshase you know um and then Creators like that they resembled hello men this is fantastic this is the Holy Grail of SAS due to the fact that I need to do discount rates so my ACV increases and I can close sales quicker because I’m using versatile payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle typically it resembles a compromise you know and after that the next thing they said resembled hello why don’t I do this for all my consumer base instead of for every single new consumer that I solve so why don’t I do this for my 300 clients instead of doing it for the internet for the 10 brand-new clients I get months of a month so then we saw what they wanted was to transform their ARR or the client base into in advance financing to be less depending on Equity as I said the beginning yeah all right this is what we’re going to start with and after that we’re going to learn a lot 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 then man we began working on it like crazy and and dropped out what is your long-lasting Vision so it began with you know you arrived at this hate you if you’re resting 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 but what is a long-term 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 resisted the
desire to work and go with funding you know with any vertical we only deal with SAS so our objective is to develop numerous items for SAS so we begin with funding and it’s fantastic since business actually depend on us we actually like a partner and we we help them to not simply get financing however work much better in a more effective way and through that we’re finding you know chances to broaden you understand in the transaction of a SAS item