It can be challenging to pick the financing model … The Modern Saas Finance Summit Nyc .
tap into non-dilutive growth capital on-demand. Get approximately a year of upfront capital immediately, offering you the flexible financing you need to grow your business and scale. Select overdue invoices or just recently paid expenditures, and select repayment regards to 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly contracts, adjusting to meet your demands. We offer the needed funding you need at that moment. Your money works for you rather than sitting idle. Within 24 hours, we evaluate the financing required and deposit it instantly to your account. Our user friendly user interface enables you to comprehend and manage all your deals and accounts. Gain access to more capital as you scale. We are your partner every step of the way, lowering our rates the longer we collaborate. Your data allows us to rapidly supply you with the correct amount of capital your company requirements.
Capchase works with these users and company types: Mid Size Organization, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with standard financing
that’s not really a choice previously
keep your 100 with cap chase we use data
to make financing quicker fairer and more
flexible based on your future
predictable revenue and then 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 founders, senior management team, and top financing executives evaluate strategies for how to scale the company to the next level and catalog what’s needed to do that effectively. Securing financing at an early stage can accelerate development and lead to quantifiable and attainable success. Ultimately, finance supervisors and the strategic planning team have to decide on the right financing source to assist the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive risks in a well balanced and intelligent way is crucial as it can decide the future of your company The ramifications of offering equity, handling irregular capital, rate of interest movements, and the requirement to make prompt payments to lending institutions are amongst the elements to consider, just to name a few.
That said, with the increase of new and more sophisticated funding choices that put the business interests of start-ups and midsize business first, there’s generally a way to determine a solution that’s a great fit. It is necessary to investigate the various financing options that are readily available to a company’s founders, management accounting professionals, and financing officers and what factors to consider they need 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 provider of non-dilutive development capital for recurring Earnings companies generally assisting companies grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s excellent to be here yeah I’m really thrilled to share more amazing I’m thrilled 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 founder first time founder it’s like you hit a crowning achievement out of the park out of evictions I like it man that’s incredible well as soon as they won you understand like it’s never the Home Run never ever like never counts up until the video game is over right basically so so so yeah um we are four co-founders you understand and it’s funny due to the fact that we’ve all fulfilled through initially as good friends you understand and then as co-founder so uh there’s three of us that work together at the same SAS company in in Spain so all of us joined when it was very early I joined as the first person in sales and there are 2 individuals joined us that as item managers basically and we see the company from absolutely no to a few million err over three years and after that 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 entered into Harvard and you know I was very delighted about it my whole objective 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 researching already an idea with among these co-founders and it was authentic idea it had absolutely nothing to do or very little to do with what we’re doing now but you know that was the start of the journey and the novice Journey or the Insight that we had was that hey there are in certain verticals there are a lot of consecutive payments you understand and circular payments between companies and right now you just have to wait on that sequence to develop or you know like there’s no one simplifying those circular payments so we thought about hello why don’t we do something comparable to like a split sensible or business in verticals such as you know fried or Logistics or building and construction you know you have a ton of parties that need to wait on various payments like they’re all involved in one way or another so imagine you have a platform and after that you have company a post Business B 100 and Company B Home Business 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 no 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 talking with big companies they all liked it however it was the typical like cold start problem I resemble hey this is great when everybody remains in the platform however up until then it’s it’s pretty difficult to get individuals to do anything so it was everything about hi how do we get more information how can we sort of begin this platform um without using the platform to start with so it was everything about getting more information and to get more information we got to two conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we offer a funding we have a financing and we get the data or people give us data in order to get funding so you understand we began doing that like exploring a growing number of and more and after that what we need what we saw is that we understood more about sales than anything else we were really thinking about fintech and particularly in financing and you know like we would look at different modes different verticals and so on for two weeks at a time if we discovered enough stuff we would choose two more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you know which is amusing of providing this this SAS business at all so they might extend terms to the clients however constantly get the money in advance so we’re solving the financing payment assets business have which is they have upfront expenses to obtain clients and then they earn money months of the month right so to prevent that money card that every SAS business faces and that we dealt with in the past in the previous experience the objective was to give them a tool so they might say to the client hello look the price is 100
each year and if you wish to pay regular monthly excellent use capshase you understand um and then Founders like that they resembled hello guys this is amazing this is the Holy Grail of SAS since I need to do discounts so my ACV boosts and I can close sales faster due to the fact that I’m using flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle generally it resembles a trade-off you know and after that the next thing they stated resembled hey why do not I do this for all my client base instead of for every single brand-new customer that I solve so why don’t 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 upfront financing to be less depending on Equity as I stated the starting yeah all right this is what we’re going to start with and after that we’re going to discover so much so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a buddy at HBS and after that guy we started dealing with it like crazy and and left 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 understand the business’s uh churn we understand the business’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 business so for us it’s it’s it’s or it’s all around SAS companies right like we only method with such business intentionally right so we withstood the
urge to work and go with funding you know with any vertical we only work with SAS so our goal is to establish several products for SAS so we begin with financing and it’s great due to the fact that companies truly rely on us we truly like a partner and we we help them to not simply get financing however work much better in a more efficient way and through that we’re finding you know opportunities to expand you understand in the deal of a SAS item