It can be challenging to choose the funding model … Revenue-based Financing Calculator .
Get up to a year of upfront capital immediately, offering you the versatile financing you need to grow your company and scale. We provide the essential funding you require at that moment. Within 24 hours, we examine the financing needed and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Service, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s much 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 traditional funding
that’s not really an option until now
keep your 100 with cap chase we use data
to make funding much faster fairer and more
versatile based on your future
predictable profits and after that we cover it
all up with a single transparent fee
so let’s get this party began at
There is constantly a moment when a start-up’s founders, senior management group, and top financing executives examine methods for how to scale the company to the next level and catalog what’s needed to do that successfully. Protecting financing at an early stage can speed up development and result in measurable and obtainable success. Ultimately, financing managers and the strategic planning team have to choose the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the risks and competitive dangers in a smart and well balanced method is essential as it can choose the future of your business The implications of selling equity, handling inconsistent cash flow, interest rate movements, and the need to make timely payments to lenders are amongst the aspects to think about, just to name a few.
That said, with the rise of brand-new and more advanced funding choices that put business interests of start-ups and midsize business first, there’s typically a way to figure out a service that’s a good fit. It is very important to investigate the different financing options that are available to a business’s creators, management accounting professionals, and financing officers and what factors to consider they need 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 company of non-dilutive growth capital for repeating Income companies basically assisting companies grow without quiting that precious Equity you took so long to build 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 extremely thrilled to share more amazing I’m delighted 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 first time founder it’s like you struck a crowning achievement out of the park out of the gates I like it man that’s remarkable well as quickly as they won you know like it’s never the Home Run never like never counts up until the video game is over best essentially so so so yeah um we are 4 co-founders you understand and it’s funny since we’ve all satisfied through first as buddies you know and after that as co-founder so uh there’s three of us that work together at the same SAS business in in Spain so all of us signed up with when it was very early I joined as the very first person in sales and there are 2 people joined us that as product managers generally and we see the business from absolutely no to a couple of million err over three years and then 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 service school I I entered into into Harvard and you understand I was very delighted about it my whole objective was to go there to find out more about how to end up being a creator and then hopefully introduce something upon graduation and the one that I landed there I was researching currently an idea with one of these co-founders and it was genuine concept it had absolutely nothing to do or extremely little to do with what we’re doing now however you understand that was the start of the beginner and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you understand and circular payments in between business and today you just need to await that sequence to develop or you understand like there’s nobody simplifying those circular payments so we thought of hello why do not we do something comparable to like a split smart or business in verticals such as you know fried or Logistics or construction you understand you have a ton of parties that need to await different payments like they’re all involved in one way or another so picture 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 occur is a company.
a would pay a hundred the platform Company B no they would get they would pay absolutely no or receive zero and then business C we get a hundred dollars so when we’re speaking to big business they all loved it but it was the normal like cold start issue I’m like hey this is excellent when everyone remains in the platform however till then it’s it’s pretty tough to get individuals to do anything so it was everything about hey 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 information and to get more information 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 financing and we get the information or people give us data in order to get funding so you understand we began doing that like exploring more and more and more and then what we need what we saw is that we understood more about sales than anything else we were truly thinking about fintech and specifically in funding and you understand like we would look at different modes different verticals and so on for 2 weeks at a time if we discovered enough stuff we would choose 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you understand which is amusing of providing this this SAS business at all so they could extend terms to the clients but constantly get the cash up front so we’re solving the funding payment properties companies have which is they have upfront costs to acquire customers and after that they get paid months of the month right so to prevent that cash card that every SAS company deals with which we dealt with in the past in the previous experience the objective was to provide a tool so they might state to the consumer hello look the price is 100
per year and if you want to pay month-to-month excellent use capshase you know um and then Founders enjoy that they resembled hi people this is incredible this is the Holy Grail of SAS since I need to do discounts so my ACV boosts and I can close sales much faster since I’m providing versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle generally it resembles a trade-off you know and then the next thing they stated resembled hi why don’t I do this for all my customer base instead of for each new customer that I get right so why don’t I do this for my 300 consumers instead of doing it for the internet for the 10 new clients I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into upfront 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 then we’re going to find out a lot so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a good friend 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 understand you landed on this hate you if you’re resting on ARR we understand the business’s uh churn we know the company’s retention gross margins And so on 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 business so for us it’s it’s it’s or it’s all around SAS companies right like we only way with such companies intentionally right so we withstood the
urge to work and go with funding you know with any vertical we just deal with SAS so our goal is to establish several items for SAS so we start with financing and it’s fantastic due to the fact that companies actually count on us we actually like a partner and we we help them to not simply get funding however work better in a more efficient method and through that we’re discovering you understand opportunities to expand you understand in the transaction of a SAS item