It can be challenging to choose the financing model … Investment Analyst Capchase .
Get up to a year of in advance capital right away, giving you the flexible financing you need to grow your company and scale. We offer the required financing you need at that minute. Within 24 hours, we assess the financing needed and deposit it immediately to your account.
Capchase works with these users and company types: Mid Size Service, Small Business, Enterprise, 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
both
you’re right with conventional funding
that’s not really an alternative previously
keep your 100 with cap chase we use 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 started at
There is always a time when a start-up’s creators, senior management team, and leading financing executives assess strategies for how to scale the business to the next level and brochure what’s required to do that effectively. Protecting financing at an early stage can speed up growth and lead to measurable and achievable success. Ultimately, finance supervisors and the tactical preparation group have to decide on the right funding source to assist the business reach its goals.
that management sets for the company. Weighing the dangers and competitive threats in a well balanced and smart way is important as it can choose the future of your business The implications of selling equity, handling irregular capital, rate of interest movements, and the requirement to make prompt payments to lending institutions are among the aspects to consider, just to name a few.
That said, with the increase of brand-new and more sophisticated financing options that put business interests of start-ups and midsize business first, there’s typically a method to figure out an option that’s a good fit. It’s important to investigate the various financing alternatives that are readily available to a company’s founders, management accountants, and finance officers and what factors to consider they require to make for both the brief and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive development capital for recurring Earnings business generally assisting companies grow without giving up that valuable Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m very delighted to share more incredible I’m delighted to enter 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 comprehended you’re a very first time founder very first time founder it resembles you struck a crowning achievement out of the park out of the gates I like it man that’s incredible well as soon as they won you know like it’s never ever the Crowning achievement never like never counts until the video game is over right basically so so so yeah um we are 4 co-founders you understand and it’s funny due to the fact that we’ve all fulfilled through first as friends you know and after that as co-founder so uh there’s 3 of us that interact at the exact same SAS company in in Spain so we all signed up with when it was really early I signed up with as the very first person in sales and there are 2 people joined us that as product managers generally and we see the company from absolutely no to a few million err over three years and then we left um at the same time approximately I went to company school and I went to business school on the other one went to do a stint in VC with the goal of going to company school later on so when I go to company school I I got into into Harvard and you know I was very excited about it my entire objective was to go there to find out more about how to end up being a founder and then ideally release something upon graduation and the one that I landed there I was researching already a concept with one of these co-founders and it was genuine concept it had nothing to do or extremely little to do with what we’re doing now however you know that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you understand and circular payments between companies and today you just need to wait on that sequence to establish or you understand like there’s nobody simplifying those circular payments so we thought about hey why do not 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 have to wait on different payments like they’re all associated with one way or another so picture you have a platform and after that 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 company.
a would pay a hundred the platform Business B no they would get they would pay zero or receive no and then company C we get a hundred dollars so when we’re speaking with large business they all enjoyed it however it was the normal like cold start problem I’m like hey this is terrific when everyone’s in the platform however up until then it’s it’s quite difficult to get individuals to do anything so it was all about hi how do we get more information 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 data we got to two conclusions it resembles we either get information through providing an Analytics tool a workflow tool or we provide a financing we have a funding and we get the data or people provide us data in order to get financing so you understand we began doing that like exploring 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 truly interested in fintech and particularly in funding and you understand like we would look at various modes different verticals and so on for 2 weeks at a time if we found enough stuff we would choose 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you know which is funny of providing this this SAS companies at all so they could extend terms to the clients but always get the money in advance so we’re solving the funding payment assets business have which is they have in advance expenses to acquire customers and after that they make money months of the month right so to prevent that money card that every SAS business deals with and that we dealt with in the past in the previous experience the objective was to provide a tool so they could say to the customer hello look the cost is 100
per year and if you wish to pay monthly fantastic usage capshase you know um and then Founders like that they were like hey men this is amazing this is the Holy Grail of SAS since I have to do discounts so my ACV boosts and I can close sales quicker since I’m offering versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle generally it resembles a compromise you know and then the next thing they stated resembled hey why don’t I do this for all my customer base instead of for every brand-new consumer that I solve so why do not I do this for my 300 customers instead of doing it for the internet for the 10 brand-new customers 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 depending on Equity as I stated the starting yeah okay this is what we’re going to start with and after that we’re going to discover a lot so we’re gon na do the rest later on and that’s when the 4th co-founder joined who has a friend at HBS and after that man we began working on it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re sitting on ARR we know the business’s uh churn we understand the business’s retention gross margins Etc so I can take their ARR and provide them in advance x times times x ARR or times x mrr however 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 withstood the
desire to work and go with funding you understand with any vertical we only work with SAS so our objective is to develop several products for SAS so we begin with funding and it’s fantastic because business truly depend on us we truly like a partner and we we help them to not simply get financing however work better in a more effective way and through that we’re discovering you know opportunities to broaden you know in the deal of a SAS product