It can be challenging to pick the financing model … Saas Finance Reporting .
Receive up to a year of upfront capital immediately, giving you the flexible funding you require to grow your organization and scale. We supply the essential financing you require at that minute. Within 24 hours, we examine the funding needed and deposit it quickly to your account.
Capchase deals with these users and company types: Mid Size Company, 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 traditional financing
that’s not truly an option until now
keep your 100 with cap chase we use data
to make financing quicker fairer and more
flexible based upon your future
predictable revenue and then we wrap it
all up with a single transparent cost
so let’s get this party began at
There is constantly a time when a start-up’s founders, senior management team, and leading financing executives assess techniques for how to scale the company to the next level and brochure what’s needed to do that successfully. Securing financing at an early stage can accelerate growth and result in quantifiable and achievable success. Ultimately, financing supervisors and the strategic planning group need to decide on the right funding source to assist the company reach its objectives.
that management sets for the organization. Weighing the threats and competitive risks in a well balanced and intelligent way is essential as it can choose the future of your company The implications of selling equity, managing inconsistent cash flow, rates of interest movements, and the requirement to make timely payments to lending institutions are amongst the elements to consider, simply among others.
That said, with the rise of new and more advanced funding choices that put the business interests of start-ups and midsize business initially, there’s typically a way to find out a solution that’s a great fit. It’s important to examine the different financing alternatives that are available to a business’s founders, management accounting professionals, and financing officers and what considerations they need to produce both the brief and long 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 growth capital for recurring Profits companies basically helping companies grow without giving up that precious Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s terrific to be here yeah I’m really excited to share more amazing I’m delighted to enter into 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 very first time creator very first time creator it’s like you struck a crowning achievement out of the park out of the gates I like it man that’s amazing well as soon as they won you understand like it’s never ever the Crowning achievement never like never ever counts up until the game is over ideal basically so so so yeah um we are four co-founders you know and it’s amusing due to the fact that we have actually all met through initially as good friends you know and then as co-founder so uh there’s 3 people that work together at the exact same SAS company in in Spain so we all signed up with when it was very early I signed up with as the very first individual in sales and there are 2 individuals joined us that as product supervisors generally and we see the company from absolutely no to a few million err over three years and then we left um at the same time approximately I went to service school and I went to company school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to service school I I got into into Harvard and you understand I was extremely excited about it my whole objective was to go there to read more about how to become a creator and then ideally introduce something upon graduation and the one that I landed there I was investigating currently a concept with among 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 understand that was the start of the beginner and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of sequential payments you understand and circular payments in between business and right now you just need to wait on that sequence to establish or you know like there’s no one simplifying those circular payments so we thought of hello why do not we do something similar to like a split sensible or business in verticals such as you understand fried or Logistics or construction you know you have a ton of celebrations that need to wait on different payments like they’re all associated with one way or another so envision you have a platform and then you have company a post Business B 100 and Company B Home Company c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Business B zero they would get they would pay no or get no and after that business C we get a hundred dollars so when we’re speaking with large companies they all enjoyed it however it was the common like cold start problem I’m like hey this is excellent when everybody remains in the platform however till then it’s it’s quite hard to get people to do anything so it was all about hey how do we get more data how can we sort of begin this platform um without utilizing 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 using an Analytics tool a workflow tool or we provide a funding we have a funding and we get the information or individuals provide us information in order to get funding so you know we began doing that like checking out more and more and more and after that what we need what we saw is that we knew more about sales than anything else we were truly thinking about fintech and particularly in funding and you understand like we would look at various modes different verticals and so on for 2 weeks at a time if we discovered enough stuff we would go for two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you know which is amusing of offering this this SAS business at all so they could extend terms to the customers however constantly get the money in advance so we’re solving the financing payment properties business have which is they have in advance expenses to acquire consumers and then they get paid months of the month right so to prevent that money card that every SAS business faces which we dealt with in the past in the previous experience the objective was to give them a tool so they might state to the client hi look the cost is 100
per year and if you wish to pay month-to-month fantastic use capshase you know um and then Founders enjoy that they were like hey guys this is remarkable this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales quicker because I’m using flexible payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle typically it’s like a compromise you understand and then the next thing they stated resembled hey why don’t I do this for all my client base instead of for each new consumer that I solve so why do not I do this for my 300 consumers instead of doing it for the net for the 10 new clients I get months of a month so then we saw what they wanted was to transform their ARR or the client base into in advance financing to be less dependent on Equity as I said the beginning yeah alright this is what we’re going to begin with and after that we’re going to discover a lot so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a buddy at HBS and after that male we began dealing with 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 understand the company’s retention gross margins Etc so I can take their ARR and lend them up front x times times x ARR or times x mrr but 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 method with such business deliberately right so we withstood the
urge to work and go with financing you know with any vertical we just deal with SAS so our objective is to develop multiple products for SAS so we begin with financing and it’s fantastic because companies actually count on us we really like a partner and we we help them to not just get financing but work better in a more efficient method and through that we’re finding you understand chances to expand you know in the transaction of a SAS product