It can be challenging to choose the financing model … Capchase 444 Adhesive .
Get up to a year of in advance capital instantly, offering you the versatile funding you require to grow your business and scale. We offer the needed funding you require at that moment. Within 24 hours, we assess the funding needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Business, 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
both
you’re right with traditional funding
that’s not truly an option until now
keep your 100 with cap chase we use information
to make financing quicker fairer and more
flexible based upon your future
predictable profits and then we wrap it
all up with a single transparent fee
Let’s get this party started at
There is constantly a moment when a start-up’s founders, senior management team, and leading finance executives examine techniques for how to scale the business to the next level and brochure what’s needed to do that effectively. Protecting financing at an early stage can accelerate growth and cause quantifiable and achievable success. Eventually, finance supervisors and the strategic preparation team need to choose the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the risks and competitive risks in a balanced and intelligent method is vital as it can choose the future of your company The implications of offering equity, handling inconsistent capital, interest rate movements, and the need to make timely payments to loan providers are amongst the elements to consider, simply to name a few.
That stated, with the rise of new and more advanced funding alternatives that put business interests of start-ups and midsize business first, there’s generally a way to find out a service that’s an excellent fit. It’s important to examine the various funding alternatives that are readily available to a business’s founders, management accounting professionals, and finance officers and what factors to consider they need to make for both the short and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive development capital for repeating Revenue business basically assisting companies grow without giving up that valuable Equity you took so long to construct 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 thrilled to share more incredible 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 understood you’re a first time founder first time creator it’s like you hit a home run out of the park out of the gates I enjoy it man that’s remarkable well as quickly as they won you understand like it’s never ever the Home Run never like never counts till the game is over best basically so so so yeah um we are four co-founders you know and it’s funny due to the fact that we have actually all satisfied through first 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 signed up with when it was very early I joined as the first individual in sales and there are two people joined us that as item supervisors basically and we see the business from absolutely no to a few million err over 3 years and after that we left um at the same time roughly I went to service school and I went to business school on the other one went to do a stint in VC with the goal of going to business school later on so when I go to organization school I I entered into Harvard and you know I was very excited about it my entire goal was to go there to learn more about how to end up being a founder and then hopefully release something upon graduation and the one that I landed there I was investigating already a concept with among these co-founders and it was genuine concept it had absolutely nothing to do or extremely 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 are in certain verticals there are a lot of consecutive payments you understand and circular payments in between companies and today you simply need to await that series to develop or you know like there’s nobody streamlining those circular payments so we thought of hey why do not we do something similar to like a split smart or business in verticals such as you understand fried or Logistics or construction you know you have a ton of celebrations that have to wait for various payments like they’re all associated with one way or another so envision you have a platform and then you have company a post Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Business B absolutely no they would get they would pay no or receive absolutely no and then business C we get a hundred dollars so when we’re talking with large companies they all loved it but it was the typical like cold start issue I resemble hey this is great when everybody’s in the platform but up until then it’s it’s pretty difficult to get people to do anything so it was all about hello 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 data and to get more information we got to 2 conclusions it resembles we either get data through using an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or individuals give us information in order to get financing so you know we started doing that like exploring more and more and more and then what we require what we saw is that we understood more about sales than anything else we were truly interested in fintech and specifically in funding and you know like we would look at various modes various verticals and so on for two weeks at a time if we found enough things we would choose 2 more weeks if we didn’t would suffice and then in January 2020 we had the the concept you know which is amusing of using this this SAS business at all so they could extend terms to the consumers but constantly get the money up front so we’re solving the funding payment properties companies have which is they have in advance expenses to obtain customers and after that they earn money months of the month right so to prevent that cash card that every SAS business faces and that we dealt with in the past in the previous experience the goal was to provide a tool so they might state to the consumer hello look the price is 100
each year and if you want to pay month-to-month great usage capshase you know um and then Founders love that they were like hello guys this is remarkable 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 quicker since I’m using flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle typically it resembles a compromise you understand and after that the next thing they said was like hi why don’t I do this for all my client base instead of for every brand-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 brand-new clients I get months of a month so then we saw what they wanted was to transform their ARR or the customer base into in advance funding to be less based on Equity as I said the starting yeah okay this is what we’re going to begin with and after that we’re going to find out so much so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a good friend at HBS and after that male we began working on it like crazy and and dropped out what is your long-term Vision so it began with you understand you arrived on this hate you if you’re resting on ARR we know the business’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 but 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 business right like we just way with such business deliberately right so we resisted the
desire to work and go with financing you understand with any vertical we only work with SAS so our objective is to establish multiple products for SAS so we begin with financing and it’s fantastic because business really rely on us we truly like a partner and we we help them to not simply get funding but work better in a more efficient method and through that we’re discovering you know chances to broaden you know in the deal of a SAS product