It can be challenging to select the financing model … Saas Business Finance Planning Software .
tap into non-dilutive development capital on-demand. Get approximately a year of upfront capital right away, providing you the versatile funding you need to grow your company and scale. Select unpaid billings or just recently paid expenditures, and pick repayment terms of 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even annual contracts, adjusting to satisfy your demands. We provide the necessary financing you require at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we evaluate the financing needed and deposit it immediately to your account. Our user friendly user interface allows you to understand and handle all your transactions and accounts. Access more capital as you scale. We are your partner every step of the way, minimizing our rates the longer we interact. Your data allows us to rapidly provide you with the correct amount of capital your business needs.
Capchase works with these users and company types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the best of
both
you’re right with conventional financing
that’s not actually an option previously
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based upon your future
predictable income and after that we wrap it
all up with a single transparent fee
so let’s get this celebration started at
There is always a time when a start-up’s creators, senior management team, and leading financing executives assess methods for how to scale the business to the next level and brochure what’s required to do that effectively. Protecting financing at an early stage can accelerate development and result in quantifiable and obtainable success. Eventually, finance managers and the strategic planning team need to pick the right financing source to help the company reach its objectives.
that management sets for the company. Weighing the risks and competitive threats in a balanced and smart way is important as it can decide the future of your business The implications of selling equity, managing inconsistent capital, interest rate movements, and the need to make prompt payments to lenders are among the factors to think about, just among others.
That said, with the rise of new and more advanced financing choices that put business interests of start-ups and midsize companies first, there’s typically a method to figure out an option that’s an excellent fit. It is very important to examine the various financing choices that are readily available to a business’s creators, management accountants, and financing officers and what considerations they need to make for 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 development capital for recurring Profits business basically assisting business grow without giving up that precious 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 great to be here yeah I’m very thrilled to share more amazing I’m excited to enter your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you think about from what I comprehended you’re a very first time creator very first time creator it resembles you hit a home run out of the park out of evictions I enjoy it man that’s fantastic well as soon as they won you know like it’s never ever the Crowning achievement never like never counts up until the video game is over right basically so so so yeah um we are 4 co-founders you know and it’s funny because we’ve all satisfied through initially as pals you know and after that as co-founder so uh there’s 3 of us that collaborate at the exact same SAS business in in Spain so we all signed up with when it was extremely early I joined as the very first person in sales and there are 2 people joined us that as item managers basically and we see the company from absolutely no to a couple of million err over three years and then we left um at the same time approximately I went to organization school and I went to company school on the other one went to do a stint in VC with the objective 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 thrilled about it my whole goal was to go there to read more about how to become a creator and then ideally release something upon graduation and the one that I landed there I was researching already a concept with one of these co-founders and it was genuine concept 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 newbie Journey or the Insight that we had was that hey there are in particular verticals there are a great deal of consecutive payments you understand and circular payments in between business and right now you just need to await that series to develop or you understand like there’s nobody simplifying those circular payments so we considered hello why don’t we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or building and construction you understand you have a ton of parties that need to wait on different 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 Business B House Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B no they would get they would pay no or get no and after that company C we get a hundred dollars so when we’re talking to big business they all enjoyed it however it was the typical like cold start problem I’m like hey this is great when everybody’s in the platform but until then it’s it’s pretty difficult to get individuals to do anything so it was everything about hey how do we get more information how can we sort of begin 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’s like we either get data through using an Analytics tool a workflow tool or we offer a funding we have a funding and we get the individuals or data give us data in order to get financing so you know we began doing that like checking out more and more and more and then what we need what we saw is that we knew more about sales than anything else we were really thinking about fintech and particularly in financing and you understand like we would look at various modes various verticals and so on for 2 weeks at a time if we found enough stuff we would choose 2 more weeks if we didn’t would cut it 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 could extend terms to the clients however constantly get the cash in advance so we’re resolving the financing payment properties companies have which is they have upfront costs to obtain clients and then they get paid months of the month right so to prevent that cash card that every SAS business faces and that we faced in the past in the previous experience the objective was to provide a tool so they might state to the customer hi look the price is 100
each year and if you want to pay monthly fantastic use capshase you understand um and after that Founders like that they were like hello men this is remarkable this is the Holy Grail of SAS because I need to do discount rates so my ACV boosts and I can close sales faster since I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle typically it’s like a trade-off you know and after that the next thing they said resembled hey why do not I do this for all my customer base instead of for each new client 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 new customers I get months of a month so then we saw what they desired was to convert their ARR or the client base into upfront funding to be less depending on Equity as I said the starting yeah all right this is what we’re going to begin with and then we’re going to discover a lot so we’re gon na do the rest later on and that’s when the 4th co-founder joined who has a buddy at HBS and after that guy we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re resting on ARR we understand the business’s uh churn we understand the business’s retention gross margins Etc 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-lasting vision of of the business so for us it’s it’s it’s or it’s all around SAS business right like we just way with such business intentionally right so we resisted the
urge to work and go with funding you know with any vertical we only work with SAS so our goal is to develop multiple products for SAS so we begin with financing and it’s fantastic since companies truly count on us we truly like a partner and we we help them to not just get financing but work much better in a more effective way and through that we’re finding you know chances to broaden you understand in the deal of a SAS product