It can be challenging to choose the financing model … The Logic Capchase .
Receive up to a year of upfront capital immediately, giving you the versatile financing you require to grow your company and scale. We offer the necessary funding you need at that minute. Within 24 hours, we assess the funding required and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Service, 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
you’re right with traditional financing
that’s not truly a choice until now
keep your 100 with cap chase we use information
to make financing quicker fairer and more
flexible based on your future
predictable profits and then we wrap it
all up with a single transparent charge
Let’s get this celebration began at
There is constantly a time when a start-up’s founders, senior management group, 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. Protecting funding at an early stage can accelerate growth and lead to measurable and achievable success. Eventually, financing supervisors and the tactical preparation group have to decide on the right financing source to assist the business reach its goals.
that management sets for the organization. Weighing the risks and competitive threats in a balanced and smart method is important as it can decide the future of your business The implications of offering equity, managing irregular cash flow, interest rate movements, and the need to make timely payments to lending institutions are among the factors to think about, simply among others.
That said, with the rise of new and more advanced financing alternatives that put business interests of start-ups and midsize business first, there’s usually a way to find out an option that’s a good fit. It is essential to examine the various funding alternatives that are available to a company’s founders, management accountants, and finance officers and what considerations they require to make for 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 repeating Income companies 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 terrific to be here yeah I’m very excited to share more incredible I’m thrilled 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 consider from what I comprehended you’re a very first time founder very first time founder it’s like you hit a home run out of the park out of the gates I like it man that’s fantastic well as quickly as they won you understand like it’s never the Crowning achievement never like never ever counts until the game is over ideal basically so so so yeah um we are four co-founders you know and it’s amusing since we’ve all fulfilled through initially as good friends you understand and after that as co-founder so uh there’s 3 people that interact at the very same SAS company in in Spain so all of us joined when it was really early I joined as the first individual in sales and there are two individuals joined us that as item managers generally and we see the company from no to a few 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 goal of going to service school afterwards so when I go to company school I I got into into Harvard and you know I was really thrilled about it my whole objective was to go there for more information about how to end up being a creator and then ideally release something upon graduation and the one that I landed there I was looking into 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 however you understand that was the beginning of the journey and the beginner Journey or the Insight that we had was that hey there are in particular verticals there are a great deal of consecutive payments you know and circular payments in between business and right now you simply need to wait for that series to establish or you know like there’s no one streamlining those circular payments so we considered hey why don’t we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or construction you understand you have a lots of celebrations that have to await different payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Company B 100 and Company B House Business c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or receive absolutely no and after that company C we get a hundred dollars so when we’re talking to large companies they all liked it but it was the typical like cold start problem I resemble hey this is fantastic when everybody’s in the platform however up until then it’s it’s quite difficult to get individuals to do anything so it was everything about hello how do we get more information how can we kind of kick start this platform um without using the platform to start with so it was everything about getting more data and to get more data we got to two conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or people give us data in order to get financing so you know we started doing that like checking out a growing number of and more and after that what we require what we saw is that we understood more about sales than anything else we were actually thinking about fintech and specifically in financing 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 stuff we would go for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the concept you understand which is funny of offering this this SAS companies at all so they might extend terms to the clients however always get the cash up front so we’re solving the financing payment assets business have which is they have in advance costs to obtain customers and after that they get paid months of the month right so to prevent that money card that every SAS company deals with and that we faced in the past in the previous experience the objective was to provide a tool so they could state to the customer hi look the price is 100
annually and if you wish to pay month-to-month terrific use capshase you know um and after that Creators enjoy that they resembled hello men this is remarkable this is the Holy Grail of SAS because I have to do discount rates so my ACV boosts and I can close sales quicker because I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle usually it’s like a trade-off you know and then 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 customers instead of doing it for the internet for the 10 new consumers I get months of a month so then we saw what they desired was to convert their ARR or the customer base into in advance financing to be less dependent on Equity as I said the beginning yeah okay this is what we’re going to start with and after that we’re going to discover a lot so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a friend at HBS and after that man we began working on it like crazy and and left what is your long-term Vision so it began with you understand you arrived on this hate you if you’re sitting on ARR we understand the company’s uh churn we know the business’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 companies right like we just way with such business intentionally right so we resisted the
desire to go and work with financing you understand with any vertical we only work with SAS so our goal is to establish several items for SAS so we begin with financing and it’s terrific due to the fact that business truly rely on us we really like a partner and we we help them to not simply get funding but work much better in a more efficient way and through that we’re discovering you understand chances to expand you know in the deal of a SAS item