It can be challenging to select the financing model … Audiense Insights .
Get up to a year of upfront capital right away, offering you the versatile funding you require to grow your business and scale. We supply the needed funding you need at that minute. Within 24 hours, we evaluate the financing needed and deposit it quickly to your account.
Capchase deals with these users and company types: Mid Size Business, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s 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 standard funding
that’s not truly a choice until now
keep your 100 with cap chase we use information
to make funding quicker fairer and more
versatile based upon your future
foreseeable revenue and after that we wrap it
all up with a single transparent cost
so let’s get this party started at
There is always a moment when a start-up’s creators, senior management group, and top financing executives examine methods for how to scale the business to the next level and brochure what’s required to do that effectively. Securing financing at an early stage can speed up development and result in measurable and achievable success. Ultimately, financing supervisors and the strategic planning group need to decide on the right financing source to assist the company reach its goals.
that management sets for the organization. Weighing the threats and competitive threats in a intelligent and balanced method is essential as it can decide the future of your business The implications of offering equity, managing irregular cash flow, interest rate motions, and the requirement to make prompt payments to lending institutions are among the elements to think about, just among others.
That stated, with the increase of brand-new and more sophisticated funding alternatives that put the business interests of start-ups and midsize business initially, there’s generally a way to find out a solution that’s a good fit. It is necessary to investigate the different financing options that are available to a company’s creators, management accounting professionals, and finance officers and what factors to consider they require to make for both the long and short term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive growth capital for repeating Revenue business basically assisting companies grow without quiting that valuable 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 excellent to be here yeah I’m extremely delighted to share more incredible I’m delighted to get into 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 very first time founder it’s like you hit a home run out of the park out of the gates I enjoy it man that’s incredible well as quickly as they won you know like it’s never ever the Crowning achievement never like never ever counts up until the game is over best basically so so so yeah um we are 4 co-founders you understand and it’s funny since we have actually all fulfilled through first as buddies 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 extremely early I joined as the very first individual in sales and there are two people joined us that as item managers basically and we see the company from absolutely 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 objective of going to company school afterwards so when I go to company school I I entered into into Harvard and you know I was extremely excited about it my entire goal was to go there to get more information about how to become a creator and after that hopefully 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 genuine idea it had absolutely nothing to do or extremely little to do with what we’re doing now however you understand that was the start of the journey and the newbie Journey or the Insight that we had was that hey there remain in particular verticals there are a great deal of sequential payments you know and circular payments in between business and right now you just have to await that series to establish or you understand like there’s nobody simplifying those circular payments so we thought of hello why do not we do something comparable to like a split wise or companies in verticals such as you understand fried or Logistics or construction you know you have a lots of parties that need to wait for various payments like they’re all associated with one way or another so picture 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 happen is a business.
a would pay a hundred the platform Business B zero they would get they would pay absolutely no or get zero and then company C we get a hundred dollars so when we’re speaking with large companies they all loved it but it was the typical like cold start issue I resemble hey this is terrific when everybody remains in the platform but up until 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 using the platform to start with so it was all about getting more data and to get more data we got to two conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we offer a financing we have a financing and we get the people or data offer us data in order to get financing 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 knew more about sales than anything else we were actually interested in fintech and specifically in financing and you understand like we would take a look at different modes different verticals and so on for two weeks at a time if we discovered enough things we would choose two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you understand which is funny of offering this this SAS business at all so they could extend terms to the consumers however constantly get the cash in advance so we’re fixing the financing payment properties companies have which is they have in advance costs to get consumers and after that they earn money months of the month right so to avoid that cash card that every SAS company deals with which we faced in the past in the previous experience the objective was to give them a tool so they might say to the consumer hi look the rate is 100
each year and if you wish to pay regular monthly excellent use capshase you understand um and then Creators enjoy that they were like hello people this is amazing this is the Holy Grail of SAS because I have to do discount rates so my ACV boosts and I can close sales faster since I’m providing flexible payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle typically it resembles a compromise you know and then the next thing they stated resembled hello why don’t I do this for all my customer base instead of for every brand-new client that I get right so why do not I do this for my 300 clients instead of doing it for the internet for the 10 brand-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 funding to be less based on Equity as I said the beginning yeah okay this is what we’re going to begin with and then 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 man we started working on it like crazy and and left 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 know the company’s uh churn we know the company’s retention gross margins And so on 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-term vision of of the business 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 work and go with financing you understand with any vertical we just deal with SAS so our goal is to establish numerous products for SAS so we begin with funding and it’s great since business actually count on us we really like a partner and we we help them to not simply get financing however work better in a more efficient way and through that we’re discovering you understand opportunities to expand you understand in the transaction of a SAS product