It can be challenging to pick the funding model … Burn Ratio Saas .
take advantage of non-dilutive development capital on-demand. Receive up to a year of in advance capital instantly, giving you the flexible financing you need to grow your business and scale. Select unsettled billings or just recently paid costs, and choose payment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even annual agreements, adapting to fulfill your demands. We offer the necessary financing you require at that moment. Your money works for you instead of sitting idle. Within 24 hr, we evaluate the funding needed and deposit it instantly to your account. Our user friendly interface permits you to understand and manage all your accounts and transactions. Gain access to more capital as you scale. We are your partner every action of the method, reducing our rates the longer we interact. Your information enables us to rapidly provide you with the correct amount of capital your company requirements.
Capchase deals with these users and company types: Mid Size Company, 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 answer how about the very best of
both
you’re right with standard funding
that’s not really an alternative until now
keep your 100 with cap chase we use information
to make financing much faster fairer and more
flexible based on your future
predictable profits and after that we wrap it
all up with a single transparent cost
so let’s get this party started at
There is constantly a time when a start-up’s founders, senior management team, and leading finance executives assess strategies for how to scale the business to the next level and brochure what’s needed to do that successfully. Securing funding at an early stage can speed up development and lead to achievable and quantifiable success. Eventually, financing managers and the strategic planning team need to decide on the right funding source to assist the business reach its objectives.
that management sets for the company. Weighing the dangers and competitive threats in a intelligent and balanced way is vital as it can decide the future of your company The implications of selling equity, handling inconsistent capital, rates of interest motions, and the need to make timely payments to lenders are among the elements to think about, simply among others.
That stated, with the increase of new and more advanced financing options that put business interests of start-ups and midsize companies first, there’s generally a method to determine an option that’s a great fit. It is very important to investigate the various financing alternatives that are readily available to a business’s creators, management accounting professionals, and finance officers and what factors to consider they require to produce both the short and long 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 development capital for recurring Income companies essentially helping 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 terrific to be here yeah I’m extremely delighted to share more amazing I’m thrilled 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 first time founder 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 understand like it’s never the Crowning achievement never like never ever counts up until the game is over ideal essentially so so so yeah um we are 4 co-founders you know and it’s amusing because we’ve all fulfilled through first as buddies you understand and after that as co-founder so uh there’s 3 people that interact at the same SAS company in in Spain so we all joined when it was extremely early I signed up with as the first person in sales and there are two people joined us that as product managers generally and we see the business from absolutely no to a few million err over three years and then we left um at the same time approximately I went to company school and I went to service 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 business school I I entered into into Harvard and you know I was extremely delighted about it my whole objective was to go there to find out more about how to become a creator and after that hopefully launch something upon graduation and the one that I landed there I was investigating currently an idea with among these co-founders and it was authentic idea it had nothing to do or really little to do with what we’re doing now however you understand that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a great deal of sequential payments you understand and circular payments in between business and today you just have to wait for that series to establish or you know like there’s no one streamlining those circular payments so we considered hello why don’t we do something similar to like a split wise or business in verticals such as you know fried or Logistics or building you understand you have a lots of parties that need to await different payments like they’re all associated with one way or another so envision 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 occur is a company.
a would pay a hundred the platform Business B absolutely no they would get they would pay zero or receive no and then business C we get a hundred dollars so when we’re talking to big companies they all liked it however it was the normal like cold start issue I resemble hey this is excellent when everybody’s in the platform however up until then it’s it’s quite difficult to get people to do anything so it was all about hello how do we get more data how can we sort 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 information we got to two conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we provide a financing we have a funding and we get the data or people give us information in order to get financing so you know 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 truly thinking about fintech and particularly in financing and you understand like we would look at different modes different verticals and so on for 2 weeks at a time if we discovered enough things we would go for two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you understand which is amusing of using this this SAS companies at all so they might extend terms to the clients but always get the cash in advance so we’re fixing the financing payment assets business have which is they have upfront costs to acquire customers and then they get paid months of the month right so to prevent that money card that every SAS business deals with which we faced in the past in the previous experience the goal was to give them a tool so they could say to the client hi look the cost is 100
annually and if you want to pay regular monthly great use capshase you know um and after that Creators enjoy that they resembled hi men this is fantastic this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV boosts and I can close sales faster due to the fact that I’m providing versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle generally it resembles a trade-off you understand and after that the next thing they said was like hey why do not I do this for all my customer base instead of for every single new client that I get right so why don’t I do this for my 300 clients instead of doing it for the net for the 10 brand-new clients I get months of a month so then we saw what they wanted was to transform their ARR or the consumer base into upfront financing to be less based on Equity as I stated the beginning yeah alright this is what we’re going to begin with and after that we’re going to learn so much 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 guy we started working on it like crazy and and dropped out what is your long-term Vision so it started with you know you arrived 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 up front 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 business right like we just way with such companies intentionally right so we withstood the
desire to go and work with funding you understand with any vertical we only deal with SAS so our goal is to establish multiple products for SAS so we begin with financing and it’s excellent since companies actually rely on us we truly like a partner and we we help them to not simply get funding however work much better in a more efficient way and through that we’re discovering you understand chances to broaden you understand in the deal of a SAS product