It can be challenging to pick the funding model … Capchase Business Model .
Receive up to a year of upfront capital immediately, offering you the flexible financing you require to grow your organization and scale. We offer the needed funding you require 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 Company, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the very best of
both
you’re right with standard funding
that’s not actually an option previously
keep your 100 with cap chase we utilize information
to make financing quicker fairer and more
flexible based on your future
foreseeable profits and then we cover it
all up with a single transparent cost
Let’s get this party started at
There is always a point in time when a start-up’s founders, senior management team, and top financing executives examine methods 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 attainable and quantifiable success. Eventually, finance supervisors and the tactical planning group need to pick the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the dangers and competitive threats in a smart and balanced way is important as it can decide the future of your business The implications of selling equity, managing irregular capital, rates of interest movements, and the need to make timely payments to lending institutions are amongst the factors to consider, just among others.
That said, with the rise of new and more sophisticated financing options that put the business interests of start-ups and midsize companies initially, there’s typically a method to determine a solution that’s an excellent fit. It’s important to investigate the different financing alternatives that are readily available to a company’s creators, management accounting professionals, and finance officers and what factors to consider they need to make for both the brief and long term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive development capital for recurring Profits business essentially assisting business grow without quiting that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m very thrilled to share more awesome I’m delighted 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 understood you’re a very first time founder first time creator it resembles you hit a home run out of the park out of evictions I enjoy it man that’s amazing well as quickly as they won you understand like it’s never the Home Run never like never counts until the game is over ideal essentially so so so yeah um we are 4 co-founders you understand and it’s amusing due to the fact that we have actually all satisfied through initially as good friends you know and then as co-founder so uh there’s three of us that work together at the very 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 2 people joined us that as item managers basically and we see the company from no to a few million err over 3 years and then we left um at the same time approximately I went to company school and I went to company school on the other one went to do a stint in VC with the goal of going to organization school afterwards so when I go to company school I I entered into Harvard and you understand I was really excited about it my entire goal was to go there for more information about how to end up being a founder and after that ideally introduce something upon graduation and the one that I landed there I was looking into already a concept with among these co-founders and it was authentic 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 novice Journey or the Insight that we had was that hey there are in particular verticals there are a lot of sequential payments you know and circular payments between companies and today you just need to wait for that series to develop or you know like there’s no one streamlining those circular payments so we thought about hello why do not we do something similar to like a split sensible or business in verticals such as you know fried or Logistics or building you understand you have a lots of celebrations that need to wait for different payments like they’re all involved in one way or another so picture you have a platform and after that you have company a post Business B 100 and Business B House Business 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 zero they would get they would pay no or receive absolutely no and after that business C we get a hundred dollars so when we’re speaking with big companies they all loved it however it was the typical like cold start problem I resemble hey this is great when everybody’s in the platform however till then it’s it’s pretty difficult to get individuals to do anything so it was everything about hi how do we get more data how can we type 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 information through using an Analytics tool a workflow tool or we offer a financing we have a funding and we get the information or people provide 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 require what we saw is that we understood more about sales than anything else we were actually thinking about fintech and particularly in funding and you know like we would look at different modes various verticals and so on for 2 weeks at a time if we discovered enough stuff we would choose 2 more weeks if we didn’t would cut it and then in January 2020 we had the the idea you know which is amusing of offering this this SAS business at all so they could extend terms to the consumers but constantly get the money in advance so we’re solving the funding payment possessions business have which is they have upfront expenses to get consumers and then they get paid months of the month right so to prevent that cash card that every SAS company deals with which we dealt with in the past in the previous experience the objective was to provide a tool so they could say to the customer hi look the rate is 100
annually and if you wish to pay month-to-month fantastic use capshase you understand um and after that Creators like that they were like hello men this is amazing this is the Holy Grail of SAS since I need to do discount rates so my ACV increases and I can close sales faster since I’m offering versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle generally it’s like a trade-off you understand and then the next thing they stated was like hi why don’t I do this for all my customer base instead of for every brand-new consumer 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 customers I get months of a month so then we saw what they wanted was to convert their ARR or the client base into upfront funding to be less dependent on Equity as I said the starting yeah fine 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 friend at HBS and after that guy we began working on it like crazy and and left what is your long-term Vision so it started 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 Etc so I can take their ARR and provide them up front x times times x ARR or times x mrr however what is a long-term 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 companies deliberately right so we withstood the
desire to work and go with funding you understand with any vertical we only work with SAS so our objective is to develop several products for SAS so we start with funding and it’s excellent due to the fact that business really count on us we actually like a partner and we we help them to not just get financing however work much better in a more effective method and through that we’re discovering you understand opportunities to broaden you know in the transaction of a SAS item