It can be challenging to choose the funding model … Revenue-based Financing Nonprofit .
use non-dilutive development capital on-demand. Receive up to a year of upfront capital immediately, providing you the flexible funding you require to grow your service and scale. Select overdue invoices or just recently paid costs, and pick repayment terms of 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even annual agreements, adjusting to satisfy your needs. We provide the necessary funding you require at that moment. Your money works for you instead of sitting idle. Within 24 hours, we examine the funding required and deposit it instantly to your account. Our user friendly user interface allows you to understand and manage all your accounts and transactions. Access more capital as you scale. We are your partner every step of the method, decreasing our rates the longer we work together. Your information allows us to quickly provide you with the right amount of capital your service needs.
Capchase deals with these users and organization types: Mid Size Company, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the very best of
you’re right with traditional funding
that’s not really an alternative until now
keep your 100 with cap chase we use information
to make funding quicker fairer and more
versatile based upon your future
foreseeable profits and after that we wrap it
all up with a single transparent charge
so let’s get this party began at
There is constantly a moment when a start-up’s founders, senior management team, and top financing executives evaluate methods for how to scale the company to the next level and catalog what’s required to do that successfully. Securing financing at an early stage can speed up development and lead to measurable and achievable success. Ultimately, finance managers and the strategic planning team need to pick the right financing source to help the business reach its objectives.
that management sets for the company. Weighing the risks and competitive risks in a smart and balanced method is crucial as it can choose the future of your business The implications of offering equity, managing inconsistent capital, rate of interest movements, and the requirement to make timely payments to lenders are amongst the elements to think about, simply to name a few.
That said, with the increase of new and more sophisticated financing alternatives that put business interests of start-ups and midsize companies first, there’s normally a method to determine a solution that’s an excellent fit. It’s important to examine the different funding choices that are offered to a business’s founders, 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 service provider of non-dilutive development capital for repeating Income companies essentially assisting companies grow without giving up that precious Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s excellent to be here yeah I’m really thrilled to share more amazing 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 understood you’re a very first time creator first time creator it resembles you struck a crowning achievement out of the park out of the gates I love it man that’s fantastic well as soon as they won you understand 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’ve all fulfilled through initially as buddies you know and after that as co-founder so uh there’s 3 people that collaborate at the very same SAS company 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 two people joined us that as product managers basically and we see the company from no to a few million err over 3 years and then we left um at the same time approximately I went to business school and I went to company 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 into Harvard and you know I was really delighted about it my whole objective was to go there to get more information about how to become a creator and after that ideally release something upon graduation and the one that I landed there I was investigating already a concept with one of these co-founders and it was genuine concept it had nothing to do or really little to do with what we’re doing now but 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 great deal of consecutive payments you understand and circular payments between business and right now you just have to await that sequence to develop or you know like there’s no one simplifying those circular payments so we thought of hey why don’t we do something comparable 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 lots of celebrations that need to wait for various payments like they’re all involved in one way or another so envision you have a platform and then you have company a post Company B 100 and Business B House Company c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or receive absolutely no and then business C we get a hundred dollars so when we’re speaking with big business they all loved it however it was the normal like cold start problem I’m like hey this is terrific when everyone’s in the platform but till then it’s it’s pretty tough to get individuals to do anything so it was all about hello how do we get more information how can we type of kick start this platform um without utilizing the platform to start with so it was all about getting more information and to get more information we got to two 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 data or people provide us information in order to get funding so you know we began doing that like checking out a growing number of and more and then what we need what we saw is that we understood more about sales than anything else we were really thinking about fintech and particularly in funding and you understand like we would take a look at various modes various verticals and so on for two weeks at a time if we discovered enough things we would go for two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you understand which is funny of using this this SAS companies at all so they could extend terms to the clients but always get the cash up front so we’re fixing the financing payment properties companies have which is they have upfront costs to get customers and after that they make money 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 goal was to give them a tool so they might say to the client hi look the cost is 100
each year and if you wish to pay regular monthly excellent use capshase you know um and then Creators enjoy that they resembled hey guys this is incredible this is the Holy Grail of SAS because I have to do discounts so my ACV boosts and I can close sales much faster since I’m offering versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle usually it resembles a compromise you understand and then the next thing they said was like hi why don’t I do this for all my consumer base instead of for every new customer that I solve so why do not I do this for my 300 customers instead of doing it for the net 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 consumer base into upfront financing to be less based on Equity as I said the starting yeah alright this is what we’re going to start 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 pal at HBS and then man we started working on it like crazy and and left what is your long-lasting Vision so it began with you know you arrived on this hate you if you’re resting on ARR we know the company’s uh churn we know the business’s retention gross margins And so on so I can take their ARR and lend them up front 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 just way with such business deliberately right so we withstood the
desire to work and go with funding you know with any vertical we only work with SAS so our objective is to establish multiple items for SAS so we begin with funding and it’s excellent since business truly rely on us we truly like a partner and we we help them to not just get funding but work better in a more effective method and through that we’re discovering you know chances to expand you understand in the transaction of a SAS product