It can be challenging to pick the financing model … Capchase Careers .
Receive up to a year of upfront capital immediately, giving you the versatile financing you need to grow your service and scale. We offer the necessary funding you need at that minute. Within 24 hours, we evaluate the funding required and deposit it immediately to your account.
Capchase deals with these users and company types: Mid Size Business, Small Company, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the answer how about the best of
both
you’re right with traditional financing
that’s not truly an alternative until now
keep your 100 with cap chase we use information
to make financing faster fairer and more
flexible based upon your future
predictable revenue and then we wrap it
all up with a single transparent cost
so let’s get this celebration began at
There is always a time when a start-up’s creators, senior management team, and leading financing executives assess strategies for how to scale the business to the next level and brochure what’s required to do that effectively. Protecting funding at an early stage can speed up growth and result in attainable and measurable success. Ultimately, finance managers and the strategic preparation group have to pick the right financing source to assist the business reach its objectives.
that management sets for the company. Weighing the risks and competitive threats in a well balanced and smart way is essential as it can choose the future of your company The implications of offering equity, handling inconsistent capital, rate of interest motions, and the need to make prompt payments to lenders are among the aspects to think about, just among others.
That said, with the increase of brand-new and more advanced financing options that put business interests of start-ups and midsize companies initially, there’s normally a method to figure out a solution that’s a good fit. It is very important to investigate the different funding options that are readily available to a company’s founders, 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 thrilled to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive development capital for repeating Revenue business basically assisting companies grow without quiting that precious Equity you took so long to construct Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s excellent to be here yeah I’m really excited to share more incredible I’m thrilled to enter into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you think about from what I comprehended you’re a very first time founder first time creator it resembles you hit a crowning achievement out of the park out of the gates I like it man that’s fantastic well as soon as they won you know like it’s never ever the Home Run never like never ever counts until the video game is over best basically so so so yeah um we are 4 co-founders you know and it’s funny due to the fact that we have actually all fulfilled through first as buddies you know and then as co-founder so uh there’s 3 people that collaborate at the same SAS business in in Spain so we all 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 zero 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 organization school on the other one went to do a stint in VC with the goal of going to organization school later on so when I go to business school I I got into into Harvard and you understand I was very thrilled about it my entire objective was to go there for more information about how to end up being a founder and then hopefully introduce something upon graduation and the one that I landed there I was researching already an idea with one of these co-founders and it was authentic concept it had nothing to do or extremely little to do with what we’re doing now however you know that was the start 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 companies and today you simply need to await that series to establish or you understand like there’s no one streamlining those circular payments so we thought of hi why don’t we do something similar to like a split sensible or business in verticals such as you know fried or Logistics or construction you know you have a ton of parties that have to wait on various payments like they’re all involved in one way or another so picture you have a platform and then you have company a post Company B 100 and Company B Home Business c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B zero they would get they would pay absolutely no or get no and after that company C we get a hundred dollars so when we’re talking with large companies they all enjoyed it however it was the common like cold start issue I resemble hey this is excellent when everybody remains in the platform but till then it’s it’s pretty hard to get people to do anything so it was all about hey how do we get more data how can we sort of kick start this platform um without utilizing the platform to start with so it was everything about getting more information 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 provide a funding we have a funding and we get the individuals or data offer us data in order to get financing so you understand we started doing that like exploring a growing number of and more and after that what we require what we saw is that we knew more about sales than anything else we were actually thinking about fintech and particularly in financing and you understand like we would look at various modes different verticals and so on for two weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is amusing of offering this this SAS business at all so they might extend terms to the customers but constantly get the cash in advance so we’re solving the financing payment properties companies have which is they have upfront expenses to acquire clients and after that they make money months of the month right so to prevent that cash card that every SAS business faces which we faced in the past in the previous experience the objective was to provide a tool so they could say to the client hi look the price 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 incredible this is the Holy Grail of SAS due to the fact that I have to do discounts so my ACV increases and I can close sales much faster because I’m using versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle typically it’s like a compromise you understand and after that the next thing they said resembled hey why do not I do this for all my customer base instead of for every single brand-new customer that I solve so why don’t I do this for my 300 customers 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 consumer base into upfront funding to be less based on Equity as I stated the beginning yeah fine this is what we’re going to begin with and then we’re going to discover a lot so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a good friend at HBS and then male we started dealing with it like crazy and and dropped out what is your long-term Vision so it started with you understand you landed 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 up front 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 companies right like we only method with such companies intentionally right so we resisted the
desire to work and go with funding you understand with any vertical we just deal with SAS so our objective is to develop several products for SAS so we start with financing and it’s fantastic due to the fact that business actually depend on us we truly like a partner and we we help them to not simply get funding but work much better in a more effective method and through that we’re discovering you know opportunities to expand you understand in the transaction of a SAS item