It can be challenging to pick the funding model … Saas Capital Debt Financing .
Get up to a year of upfront capital right away, giving you the versatile funding you require to grow your business and scale. We offer the essential financing you require at that moment. Within 24 hours, we evaluate the financing needed and deposit it quickly to your account.
Capchase deals with these users and organization types: Mid Size Organization, Small Company, Business, 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 best of
you’re right with conventional financing
that’s not actually a choice until now
keep your 100 with cap chase we use data
to make funding quicker fairer and more
versatile based on your future
foreseeable revenue and after that we cover it
all up with a single transparent fee
so let’s get this party began at
There is always a time when a start-up’s founders, senior management group, and top finance executives examine strategies for how to scale the business to the next level and brochure what’s needed to do that successfully. Protecting financing at an early stage can accelerate growth and result in attainable and quantifiable success. Ultimately, financing managers and the tactical planning group need to select the right financing source to help the company reach its goals.
that management sets for the company. Weighing the threats and competitive hazards in a well balanced and smart way is important as it can decide the future of your company The ramifications of selling equity, handling inconsistent capital, rate of interest motions, and the requirement to make prompt payments to lending institutions are amongst the elements to consider, just among others.
That said, with the rise of brand-new and more sophisticated financing alternatives that put business interests of start-ups and midsize business first, there’s typically a method to find out a solution that’s a great fit. It’s important to examine the different financing alternatives that are offered to a business’s founders, management accountants, and finance officers and what factors to consider they require 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 service provider of non-dilutive development capital for repeating Income business generally helping business grow without quiting that precious Equity you took so long to build 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 really delighted to share more incredible 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 think about from what I comprehended you’re a very first time creator first time creator it’s like you struck a crowning achievement out of the park out of evictions I enjoy it man that’s amazing well as soon as they won you know like it’s never ever the Crowning achievement never ever like never ever counts till the video game is over best generally so so so yeah um we are 4 co-founders you know and it’s amusing due to the fact that we’ve all fulfilled through first as buddies you know and after that as co-founder so uh there’s three of us that work together at the very same SAS company in in Spain so all of us joined 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 essentially and we see the business from zero to a few million err over three years and after that we left um at the same time roughly I went to organization school and I went to service school on the other one went to do a stint in VC with the goal of going to organization school later on so when I go to service school I I got into into Harvard and you know I was really delighted about it my whole goal was to go there to learn more about how to end up being a creator and then ideally launch something upon graduation and the one that I landed there I was looking into currently a concept with among these co-founders and it was genuine idea it had absolutely nothing to do or extremely little to do with what we’re doing now but you understand that was the start of the journey and the beginner Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of sequential payments you know and circular payments in between business and right now you just have to wait for that sequence to establish or you understand like there’s nobody streamlining those circular payments so we considered hi why do not 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 wait on various payments like they’re all involved in one way or another so picture you have a platform and after that you have company a post Company B 100 and Business B Home Company c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Company B no they would get they would pay zero or receive absolutely no and then business C we get a hundred dollars so when we’re speaking with big business they all enjoyed it however it was the typical like cold start problem I’m like hey this is terrific when everyone’s in the platform but up until then it’s it’s quite tough to get people to do anything so it was everything about hello how do we get more information how can we kind of begin 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 2 conclusions it’s like we either get information through using an Analytics tool a workflow tool or we offer a funding we have a funding and we get the people or data give us information in order to get financing so you understand 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 truly thinking about fintech and specifically 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 discovered enough things we would opt for 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is funny 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 solving the funding payment properties business have which is they have in advance costs to obtain clients and after that they make money months of the month right so to prevent that money card that every SAS company faces and that we dealt with in the past in the previous experience the objective was to give them a tool so they might state to the customer hello look the cost is 100
each year and if you want to pay monthly excellent use capshase you know um and after that Creators like that they resembled hello people this is remarkable this is the Holy Grail of SAS since I have to do discounts so my ACV increases and I can close sales much faster because I’m using versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle usually it resembles a trade-off you understand and after that the next thing they stated resembled hey why don’t I do this for all my customer base instead of for every new client that I get right so why do not I do this for my 300 clients instead of doing it for the web for the 10 new consumers I get months of a month so then we saw what they wanted was to convert their ARR or the customer base into in advance funding to be less depending on Equity as I stated the beginning yeah okay this is what we’re going to start with and then we’re going to learn a lot so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a good friend at HBS and after that male we began working on it like crazy and and dropped out what is your long-lasting Vision so it began with you know you arrived at this hate you if you’re resting on ARR we know the company’s uh churn we understand the company’s retention gross margins Etc so I can take their ARR and lend 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 just way with such business deliberately right so we withstood the
desire to work and go with funding you understand with any vertical we only deal with SAS so our goal is to establish multiple items for SAS so we begin with financing and it’s great due to the fact that companies actually rely on us we really like a partner and we we help them to not simply get financing however work better in a more effective way and through that we’re discovering you understand opportunities to expand you know in the deal of a SAS product