It can be challenging to choose the funding model … Saas Financing Platform .
tap into non-dilutive development capital on-demand. Get up to a year of upfront capital instantly, providing you the flexible financing you require to grow your company and scale. Select unpaid invoices or recently paid expenditures, and choose payment regards to 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adapting to satisfy your demands. We provide the needed financing you require at that moment. Your cash works for you instead of sitting idle. Within 24 hours, we assess the financing needed and deposit it immediately to your account. Our easy-to-use interface permits you to understand and manage all your accounts and deals. Gain access to more capital as you scale. We are your partner every step of the way, reducing our rates the longer we work together. Your data enables us to rapidly offer you with the right amount of capital your organization requirements.
Capchase works with these users and company types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the response how about the very best of
both
you’re right with traditional financing
that’s not actually a choice previously
keep your 100 with cap chase we utilize data
to make financing quicker fairer and more
flexible based upon your future
predictable earnings and after that we cover it
all up with a single transparent charge
so let’s get this celebration began at
There is always a point in time when a start-up’s creators, senior management group, and top financing executives evaluate methods for how to scale the business to the next level and brochure what’s needed to do that successfully. Protecting funding at an early stage can accelerate development and lead to attainable and quantifiable success. Ultimately, finance managers and the tactical planning group have to select the right financing source to help the company reach its goals.
that management sets for the organization. Weighing the risks and competitive hazards in a balanced and intelligent way is vital as it can choose the future of your company The ramifications of offering equity, handling irregular cash flow, interest rate motions, and the need to make timely payments to lenders are amongst the factors to think about, simply among others.
That said, with the rise of new and more sophisticated financing choices that put the business interests of start-ups and midsize companies initially, there’s typically a way to figure out a service that’s a great fit. It’s important to investigate the different funding options that are readily available to a company’s creators, management accountants, and finance officers and what considerations they need to make for both the long and brief term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for recurring Earnings companies generally assisting companies grow without giving up that valuable Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m extremely delighted to share more amazing I’m excited 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 first time creator very first time creator it resembles you hit a crowning achievement out of the park out of the gates I enjoy it man that’s incredible well as quickly as they won you understand like it’s never the Home Run never like never counts until the video game is over best 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 fulfilled through first as friends you understand and after that as co-founder so uh there’s 3 people that work together 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 individuals joined us that as product supervisors generally and we see the business from zero to a couple of 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 organization school later on so when I go to organization school I I entered into Harvard and you know I was really delighted about it my entire goal was to go there to learn more about how to become a founder and after that ideally introduce something upon graduation and the one that I landed there I was researching currently a concept with among these co-founders and it was authentic idea it had nothing to do or extremely little to do with what we’re doing now however you know that was the beginning of the journey and the beginner 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 between business and right now you just have to wait for that sequence to develop or you understand like there’s nobody streamlining those circular payments so we thought about hey why don’t we do something similar to like a split sensible or business in verticals such as you know fried or Logistics or building you understand you have a ton of parties that have to wait on various 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 Home 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 absolutely no they would get they would pay absolutely no or get absolutely no and after that company C we get a hundred dollars so when we’re talking with large business they all enjoyed it however it was the normal like cold start problem I resemble hey this is terrific when everyone’s in the platform but till then it’s it’s quite tough to get individuals to do anything so it was all about hey how do we get more information how can we kind 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 data we got to 2 conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we offer a funding we have a funding and we get the individuals or data offer us data in order to get funding so you know we began doing that like checking out increasingly more and more and then what we require 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 take a look at different modes different verticals and so on for 2 weeks at a time if we found enough things we would go for two more weeks if we didn’t would cut it and after that 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 customers however constantly get the cash in advance so we’re solving the financing payment assets business have which is they have upfront costs to acquire consumers and then they get paid months of the month right so to prevent that money card that every SAS business deals with which we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the consumer hello look the cost is 100
per year and if you wish to pay monthly fantastic use capshase you know um and after that Creators like that they were like hey men this is fantastic this is the Holy Grail of SAS since I have to do discount rates so my ACV boosts and I can close sales faster because I’m using flexible 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 understand and after that the next thing they stated was like hi why do not I do this for all my consumer 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 web for the 10 brand-new customers I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into upfront financing to be less based on Equity as I stated the beginning yeah all right this is what we’re going to start with and then we’re going to find out so much so we’re gon na do the rest afterwards which’s when the 4th co-founder joined who has a buddy at HBS and after that man we started dealing with 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 know the business’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 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 companies right like we only way with such business intentionally right so we withstood the
urge to go and work with financing you understand with any vertical we just work with SAS so our goal is to establish multiple products for SAS so we begin with financing and it’s fantastic due to the fact that companies actually depend on us we really like a partner and we we help them to not just get financing but work much better in a more effective method and through that we’re finding you understand chances to broaden you understand in the transaction of a SAS product