It can be challenging to choose the financing model … Roy Dekel Capchase .
Get up to a year of upfront capital immediately, offering you the versatile funding you need to grow your business and scale. We provide the necessary financing you need at that minute. Within 24 hours, we evaluate the funding needed and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Business, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the best of
you’re right with conventional funding
that’s not really a choice previously
keep your 100 with cap chase we use data
to make financing much faster fairer and more
flexible based upon your future
predictable income and after that we cover it
all up with a single transparent cost
so let’s get this celebration started at
There is always a moment when a start-up’s founders, senior management group, and leading finance executives assess techniques for how to scale the company to the next level and catalog what’s required to do that effectively. Protecting funding at an early stage can speed up growth and result in obtainable and measurable success. Eventually, financing supervisors and the tactical planning group have to select the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the threats and competitive risks in a intelligent and well balanced way is vital as it can decide the future of your company The ramifications of offering equity, managing inconsistent capital, interest rate movements, and the requirement to make prompt payments to lenders are among the aspects to consider, just to name a few.
That stated, with the rise of new and more advanced funding options that put business interests of start-ups and midsize companies initially, there’s generally a way to find out a solution that’s an excellent fit. It is necessary to investigate the different funding choices that are offered to a company’s creators, management accounting professionals, and finance 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 excited to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for repeating Income companies essentially helping companies grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s terrific to be here yeah I’m really thrilled to share more incredible I’m excited 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 think about from what I comprehended you’re a first time creator first time creator it’s like you hit a home run out of the park out of evictions I like it man that’s amazing well as quickly as they won you know like it’s never ever the Home Run never ever like never counts until the video game is over best generally so so so yeah um we are four co-founders you know and it’s funny because we’ve all met through initially as buddies you know and then as co-founder so uh there’s 3 people that interact at the very same SAS business in in Spain so we all joined when it was very early I signed up with as the very first person in sales and there are two people joined us that as item managers essentially and we see the business from zero to a few million err over three years and then we left um at the same time roughly I went to company 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 service school I I entered into Harvard and you know I was very excited about it my whole goal was to go there to get more information about how to become a founder and after that ideally release something upon graduation and the one that I landed there I was researching already an idea with among these co-founders and it was genuine idea it had nothing to do or really little to do with what we’re doing now however you know that was the start of the journey and the newbie Journey or the Insight that we had was that hey there are in specific verticals there are a great deal of sequential payments you understand and circular payments between business and right now you just have to wait for that sequence to develop or you understand like there’s nobody simplifying those circular payments so we thought of hi why don’t we do something comparable to like a split wise or business in verticals such as you know fried or Logistics or building and construction you know you have a lots of parties that need 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 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 zero they would get they would pay zero or get zero and after that business C we get a hundred dollars so when we’re speaking with big companies they all loved it but it was the typical like cold start problem I resemble hey this is excellent when everyone remains in the platform but up until then it’s it’s pretty hard to get individuals to do anything so it was all about hello how do we get more data how can we type 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 resembles we either get data through providing an Analytics tool a workflow tool or we provide a funding we have a financing and we get the data or individuals provide us information in order to get financing so you understand we started 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 really interested in fintech and particularly in financing 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 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is amusing of using this this SAS companies at all so they might extend terms to the clients but constantly get the money up front so we’re fixing the funding payment properties companies have which is they have upfront costs to obtain customers and after that they make money months of the month right so to avoid that cash card that every SAS company deals with which we dealt with in the past in the previous experience the goal was to give them a tool so they could say to the client hi look the price is 100
annually and if you wish to pay monthly great use capshase you understand um and after that Founders love that they were like hey men this is remarkable this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales faster because I’m using versatile payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle usually it resembles a compromise you know and after that the next thing they stated was like hello why don’t I do this for all my customer base instead of for every single new customer that I solve so why do not I do this for my 300 consumers instead of doing it for the internet for the 10 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 upfront financing to be less dependent on Equity as I stated the beginning yeah all right this is what we’re going to start with and after that we’re going to learn so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a good friend at HBS and then male we started working on it like crazy and and dropped out what is your long-lasting Vision so it began with you know you landed on this hate you if you’re resting on ARR we understand the business’s uh churn we know the business’s retention gross margins And so on so I can take their ARR and lend them in advance x times times x ARR or times x mrr but 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 companies deliberately right so we withstood the
desire to go and work with financing you understand with any vertical we only deal with SAS so our objective is to establish several products for SAS so we begin with financing and it’s excellent due to the fact that business really rely on us we really like a partner and we we help them to not simply get funding but work better in a more efficient way and through that we’re finding you understand opportunities to broaden you know in the deal of a SAS product