It can be challenging to pick the funding model … Start Up Funding .
Get up to a year of upfront capital instantly, giving you the flexible financing you require to grow your company and scale. We provide the essential funding you need at that minute. Within 24 hours, we assess the financing required and deposit it quickly to your account.
Capchase deals with these users and company types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the response how about the best of
you’re right with standard financing
that’s not really an option previously
keep your 100 with cap chase we utilize data
to make financing quicker fairer and more
flexible based upon your future
predictable revenue and after that we wrap it
all up with a single transparent cost
Let’s get this celebration started at
There is constantly a point in time when a start-up’s founders, senior management group, and leading financing executives assess methods for how to scale the company to the next level and catalog what’s required to do that successfully. Securing financing at an early stage can accelerate development and result in attainable and measurable success. Eventually, financing managers and the strategic planning team have to select the right funding source to help the business reach its objectives.
that management sets for the organization. Weighing the threats and competitive threats in a balanced and smart method is essential as it can decide the future of your company The implications of offering equity, handling inconsistent cash flow, rates of interest motions, and the need to make timely payments to lenders are among the elements to think about, simply to name a few.
That stated, with the rise of new and more sophisticated funding choices that put the business interests of start-ups and midsize business first, there’s normally a method to figure out a service that’s a good fit. It is necessary to examine the various funding choices that are offered to a company’s creators, management accounting professionals, and finance officers and what factors to consider they require to produce both the long and brief 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 recurring Income companies basically assisting business grow without quiting that precious Equity you took so long to construct 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 very thrilled to share more remarkable I’m delighted 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 consider from what I comprehended you’re a very first time creator first time creator it resembles you hit a crowning achievement out of the park out of the gates I love it man that’s amazing well as soon as they won you know like it’s never the Crowning achievement never ever like never counts until the video game is over right basically so so so yeah um we are 4 co-founders you understand and it’s amusing because we’ve all fulfilled through first as good friends you know and then as co-founder so uh there’s 3 of us that work together at the exact same SAS business in in Spain so all of us joined when it was very early I signed up with as the very first individual in sales and there are 2 people joined us that as product managers basically and we see the company from no to a few million err over 3 years and then we left um at the same time roughly 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 company school later on so when I go to service school I I entered into into Harvard and you know I was really excited about it my whole objective was to go there for more information about how to become a founder and after that hopefully release something upon graduation and the one that I landed there I was looking into currently an idea with among these co-founders and it was authentic concept it had absolutely nothing to do or very little to do with what we’re doing now but you know that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you know and circular payments between companies and right now you just have to wait for that series to establish or you understand like there’s no one streamlining those circular payments so we considered hey why don’t we do something similar to like a split wise or companies in verticals such as you know fried or Logistics or building you know you have a ton of celebrations that need to wait on various payments like they’re all associated with one way or another so picture you have a platform and after that you have company a post Business B 100 and Company B House Business c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Business B zero they would get they would pay zero or receive absolutely no and after that business C we get a hundred dollars so when we’re speaking with big companies they all enjoyed it but it was the normal like cold start issue I’m like hey this is great when everyone’s in the platform but up until then it’s it’s pretty hard to get individuals to do anything so it was all about hey how do we get more data how can we kind of kick start this platform um without utilizing the platform to start with so it was everything about getting more information and to get more data we got to 2 conclusions it resembles we either get information through using an Analytics tool a workflow tool or we provide a funding we have a financing and we get the individuals or information provide us information in order to get financing so you understand we began doing that like exploring increasingly more and more and then what we need what we saw is that we understood more about sales than anything else we were actually interested in fintech and particularly in funding and you understand like we would take a look at various modes various verticals and so on for 2 weeks at a time if we discovered enough things we would opt for two more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is funny of providing this this SAS companies at all so they could extend terms to the consumers but always get the money in advance so we’re resolving the funding payment possessions companies have which is they have in advance costs to get customers and then they get paid months of the month right so to avoid that money card that every SAS business deals with and that we faced in the past in the previous experience the goal was to provide a tool so they could state to the client hey look the rate is 100
per year and if you want to pay monthly great usage capshase you know um and after that Founders love that they were like hello people this is remarkable this is the Holy Grail of SAS since I need to do discount rates so my ACV boosts and I can close sales faster since I’m providing versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle normally it’s like a compromise you understand and then the next thing they stated resembled hello why do not I do this for all my client base instead of for every single new consumer that I solve so why do not I do this for my 300 consumers instead of doing it for the internet for the 10 brand-new customers I get months of a month so then we saw what they desired was to convert their ARR or the consumer base into in advance financing to be less based on Equity as I said the beginning yeah all right this is what we’re going to begin with and after that we’re going to find out a lot so we’re gon na do the rest later on and that’s when the 4th co-founder joined who has a good friend at HBS and then male we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it started with you know you landed on this hate you if you’re resting on ARR we understand the company’s uh churn we know the company’s retention gross margins And so on so I can take their ARR and provide them in advance x times times x ARR or times x mrr however what is a long-term vision of of the company so for us it’s it’s it’s or it’s all around SAS business right like we only way with such companies deliberately right so we withstood the
desire to go and work with funding you understand with any vertical we just work with SAS so our goal is to establish multiple items for SAS so we begin with funding and it’s fantastic due to the fact that companies actually depend on us we truly like a partner and we we help them to not simply get financing but work much better in a more efficient way and through that we’re discovering you know chances to broaden you know in the deal of a SAS item