It can be challenging to pick the funding model … Miguel Fernandez Capchase .
use non-dilutive growth capital on-demand. Receive as much as a year of upfront capital right away, giving you the flexible funding you require to grow your company and scale. Select overdue invoices or recently paid costs, and pick payment terms of 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even yearly contracts, adjusting to satisfy your demands. We provide the necessary financing you need at that moment. Your money works for you rather than sitting idle. Within 24 hr, we evaluate the financing needed and deposit it instantly to your account. Our user friendly user interface enables you to understand and manage all your accounts and deals. Access more capital as you scale. We are your partner every action of the method, minimizing our rates the longer we work together. Your information allows us to rapidly supply you with the right amount of capital your business needs.
Capchase deals with these users and organization types: Mid Size Company, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the best of
both
you’re right with standard funding
that’s not really an option until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based upon your future
foreseeable earnings and then we cover it
all up with a single transparent cost
so let’s get this party started at
There is constantly a point in time when a start-up’s creators, senior management team, and top financing executives evaluate strategies for how to scale the business to the next level and brochure what’s needed to do that effectively. Protecting funding at an early stage can accelerate development and lead to obtainable and quantifiable success. Eventually, financing managers and the tactical planning group have to select the right funding source to assist the company reach its goals.
that management sets for the company. Weighing the risks and competitive hazards in a well balanced and smart method is crucial as it can choose the future of your business The ramifications of offering equity, managing inconsistent capital, interest rate movements, and the need to make timely payments to lending institutions are amongst the factors to consider, simply to name a few.
That said, with the increase of brand-new and more sophisticated financing alternatives that put the business interests of start-ups and midsize business first, there’s generally a method to determine a service that’s an excellent fit. It is necessary to examine the different financing choices that are available to a business’s founders, management accountants, and finance officers and what considerations they require to make for both the long and brief 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 repeating Earnings companies generally helping business grow without giving up that valuable Equity you took so long to develop 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 incredible I’m delighted to enter 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 comprehended you’re a very first time founder first time creator it resembles you hit a home run out of the park out of the gates I like it man that’s fantastic well as quickly as they won you understand like it’s never the Crowning achievement never like never ever counts till the game is over right basically so so so yeah um we are four co-founders you know and it’s funny since we have actually all satisfied through first as friends you know and after that as co-founder so uh there’s 3 people that work together at the exact same SAS company in in Spain so we all joined when it was really early I joined as the first individual in sales and there are 2 individuals joined us that as item managers generally and we see the company from no to a couple of million err over 3 years and after that we left um at the same time approximately I went to company school and I went to service school on the other one went to do a stint in VC with the goal of going to organization school later on so when I go to organization school I I entered into into Harvard and you know I was really delighted about it my entire goal was to go there to get more information about how to become a creator and then ideally introduce something upon graduation and the one that I landed there I was investigating currently an idea with one of these co-founders and it was authentic idea it had nothing to do or really little to do with what we’re doing now but you know that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of sequential payments you understand and circular payments in between companies and right now you just have to wait for that sequence to establish or you know like there’s nobody streamlining those circular payments so we thought of hello why don’t we do something comparable to like a split smart or business in verticals such as you know fried or Logistics or building and construction you understand you have a ton of parties that need to wait on various payments like they’re all involved in one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Company B no they would get they would pay zero or get absolutely no and then company C we get a hundred dollars so when we’re speaking with big business they all loved it but it was the normal like cold start problem I’m like hey this is great when everybody remains in the platform however till then it’s it’s quite tough to get people to do anything so it was everything about hi 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 data 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 funding we have a financing and we get the individuals or information provide us information in order to get financing so you understand we began doing that like checking out a growing number of and more and after that what we require what we saw is that we understood more about sales than anything else we were actually interested in fintech and specifically in financing and you know like we would look at various modes different verticals and so on for two weeks at a time if we found enough stuff we would go for 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 using this this SAS business at all so they could extend terms to the customers but always get the cash in advance so we’re solving the financing payment assets business have which is they have upfront expenses to acquire clients and then 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 objective was to give them a tool so they could state to the customer hey look the rate is 100
per year and if you want to pay regular monthly excellent use capshase you know um and after that Founders enjoy that they were like hi men this is incredible this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV increases and I can close sales quicker due to the fact that I’m providing flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle usually it resembles a trade-off you understand and then the next thing they stated was like hello why do not I do this for all my customer base instead of for every new consumer that I solve so why don’t I do this for my 300 customers instead of doing it for the web for the 10 brand-new consumers I get months of a month so then we saw what they desired was to transform their ARR or the consumer base into in advance funding to be less based on Equity as I said the beginning yeah all right this is what we’re going to begin with and after that we’re going to learn so much so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a buddy at HBS and after that man we began working on it like crazy and and left what is your long-lasting Vision so it started with you know you arrived at this hate you if you’re sitting on ARR we understand the business’s uh churn we understand the business’s retention gross margins And so on 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-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 only way with such business deliberately right so we resisted the
desire to work and go with funding you know with any vertical we just work with SAS so our goal is to develop multiple products for SAS so we start with funding and it’s great due to the fact that business truly count on us we really 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 understand opportunities to broaden you know in the transaction of a SAS product