It can be challenging to pick the funding model … Revenue-based Financing For Startups .
take advantage of non-dilutive development capital on-demand. Receive approximately a year of upfront capital instantly, giving you the flexible financing you need to grow your service and scale. Select overdue billings or just recently paid expenses, and select repayment regards to 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adjusting to meet your demands. We supply the necessary financing you need at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we evaluate the funding required and deposit it instantly to your account. Our easy-to-use interface enables you to comprehend and manage all your accounts and transactions. Access more capital as you scale. We are your partner every action of the way, lowering our rates the longer we interact. Your data allows us to quickly supply you with the correct amount of capital your company requirements.
Capchase deals with these users and organization types: Mid Size Service, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the answer how about the very best of
both
you’re right with conventional financing
that’s not really a choice until now
keep your 100 with cap chase we utilize data
to make funding much faster fairer and more
flexible based upon your future
predictable profits and after that we wrap it
all up with a single transparent fee
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 methods for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can speed up development and result in obtainable and quantifiable success. Eventually, financing managers and the tactical planning team have to select the right financing source to assist the company reach its goals.
that management sets for the organization. Weighing the threats and competitive risks in a smart and well balanced method is important as it can decide the future of your business The ramifications of offering equity, managing inconsistent cash flow, rates of interest movements, and the need to make timely payments to loan providers are amongst the factors to consider, just to name a few.
That said, with the rise of new and more advanced financing alternatives that put business interests of start-ups and midsize business initially, there’s typically a method to figure out a solution that’s a great fit. It is necessary to investigate the different financing choices that are readily available to a company’s creators, management accountants, and financing officers and what considerations they require to produce 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 service provider of non-dilutive growth capital for recurring Earnings companies basically helping business grow without quiting that valuable Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m very excited to share more awesome I’m excited 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 consider from what I understood you’re a first time creator very first time founder it resembles you struck a home run out of the park out of evictions I enjoy it man that’s incredible well as soon as they won you know like it’s never the Crowning achievement 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 because we have actually all fulfilled through initially as friends you know and then as co-founder so uh there’s 3 of us that work together at the exact same SAS business in in Spain so we all signed up with when it was very early I joined as the first person in sales and there are 2 people joined us that as product supervisors basically and we see the company from zero to a few million err over 3 years and after that we left um at the same time roughly I went to business school and I went to service 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 organization school I I entered into Harvard and you know I was very thrilled about it my entire goal was to go there to find out more about how to become a creator and then ideally launch something upon graduation and the one that I landed there I was investigating already an idea with among these co-founders and it was authentic idea it had absolutely nothing to do or really little to do with what we’re doing now but you know that was the start of the journey and the beginner Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of sequential payments you know and circular payments in between companies and today you simply have to wait for that series to develop or you know like there’s no one streamlining those circular payments so we thought of hi why do not we do something comparable to like a split sensible or business in verticals such as you understand fried or Logistics or building you know you have a ton of celebrations that have to await different payments like they’re all involved in one way or another so envision you have a platform and then you have company a post Business B 100 and Business B House 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 absolutely no they would get they would pay absolutely no or get no and then business C we get a hundred dollars so when we’re talking to large business they all liked it however it was the common like cold start problem I’m like hey this is fantastic when everyone remains in the platform however till then it’s it’s quite difficult to get people to do anything so it was all about hello how do we get more information how can we kind 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 data we got to 2 conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the people or data provide us data in order to get financing so you understand we started doing that like exploring more and more and more and after that what we require what we saw is that we knew more about sales than anything else we were really interested in fintech and specifically in financing and you know like we would take a look at different modes different verticals and so on for two weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you understand which is funny of using this this SAS business at all so they could extend terms to the clients but constantly get the cash up front so we’re resolving the funding payment possessions business have which is they have upfront expenses to obtain consumers and then they get paid months of the month right so to avoid that money card that every SAS company faces which we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the consumer hi look the rate is 100
annually and if you wish to pay month-to-month excellent usage capshase you know um and then Founders love that they resembled hi men this is amazing this is the Holy Grail of SAS because I have to do discount rates so my ACV increases and I can close sales quicker since I’m providing flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle typically it’s like a compromise you know and after that the next thing they said resembled hi why do not I do this for all my consumer base instead of for each new customer that I get right so why do not I do this for my 300 consumers instead of doing it for the net for the 10 brand-new consumers I get months of a month so then we saw what they desired was to convert their ARR or the customer base into in advance financing to be less based on Equity as I stated the starting yeah fine 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 afterwards which’s when the 4th co-founder joined who has a pal at HBS and after that man we began working on 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 understand the company’s uh churn we understand the business’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 company so for us it’s it’s it’s or it’s all around SAS business right like we only way with such business intentionally right so we resisted the
urge to work and go with financing you understand with any vertical we just work with SAS so our goal is to develop multiple items for SAS so we begin with financing and it’s excellent due to the fact that companies truly depend on us we truly like a partner and we we help them to not simply get financing however work much better in a more effective method and through that we’re finding you know chances to broaden you understand in the transaction of a SAS item