It can be challenging to select the financing model … Capchase Grant .
Receive up to a year of upfront capital right away, offering you the flexible financing you need to grow your company and scale. We provide the needed funding you require at that minute. Within 24 hours, we evaluate the financing required and deposit it quickly to your account.
Capchase works with these users and organization types: Mid Size Service, Small Company, Business, Freelance, Nonprofit, and Federal 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
you’re right with conventional financing
that’s not actually an alternative previously
keep your 100 with cap chase we utilize information
to make funding faster fairer and more
flexible based on your future
foreseeable earnings and after that we cover it
all up with a single transparent cost
Let’s get this celebration began at
There is constantly a moment when a start-up’s founders, senior management group, and top financing executives assess techniques for how to scale the business to the next level and catalog what’s needed to do that effectively. Protecting financing at an early stage can speed up growth and lead to quantifiable and obtainable success. Eventually, financing supervisors and the strategic preparation group have to select the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the dangers and competitive risks in a well balanced and intelligent way is important as it can decide the future of your company The implications of selling equity, managing irregular capital, rates of interest movements, and the requirement to make timely payments to lenders are amongst the factors to consider, simply to name a few.
That said, with the increase of new and more sophisticated financing options that put business interests of start-ups and midsize companies initially, there’s generally a method to figure out an option that’s an excellent fit. It’s important to investigate the various financing options that are readily available to a business’s founders, management accounting professionals, and financing officers and what considerations they require to produce both the long and short term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for repeating Income companies generally helping business grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m extremely thrilled to share more awesome I’m excited 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 think about from what I understood you’re a first time creator first time creator it resembles you hit a crowning achievement out of the park out of the gates I love it man that’s fantastic well as soon as they won you understand like it’s never the Crowning achievement never ever like never counts till the game is over best essentially so so so yeah um we are 4 co-founders you understand and it’s amusing because we have actually all satisfied through first as good friends you understand and after that as co-founder so uh there’s three people that work together at the exact same SAS business in in Spain so we all joined when it was very early I signed up with as the very first person in sales and there are 2 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 business 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 business school I I entered into into Harvard and you know I was very delighted about it my whole objective was to go there for more information about how to become a founder and then ideally introduce something upon graduation and the one that I landed there I was looking into already an idea with one of these co-founders and it was genuine idea it had nothing to do or extremely little to do with what we’re doing now however you understand that was the beginning of the journey and the newbie Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you understand and circular payments between business and today you simply need to wait on that series to establish or you understand like there’s no one simplifying those circular payments so we considered hi why don’t we do something comparable to like a split sensible or business in verticals such as you know fried or Logistics or building you know you have a lots of parties that need to wait on 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 company.
a would pay a hundred the platform Company B no they would get they would pay zero or get no and then company C we get a hundred dollars so when we’re speaking with big companies they all enjoyed it but it was the common like cold start issue I’m like hey this is great when everybody’s in the platform but up until then it’s it’s pretty hard to get people to do anything so it was everything about hello how do we get more information how can we type of begin this platform um without utilizing the platform to start with so it was all about getting more data and to get more information we got to two conclusions it’s like we either get information through offering an Analytics tool a workflow tool or we offer a financing we have a financing and we get the information or individuals provide us information in order to get financing so you understand we started doing that like checking out more and more and more and then what we require what we saw is that we knew more about sales than anything else we were truly interested in fintech and particularly in funding and you understand like we would take a look at various modes different verticals and so on for 2 weeks at a time if we found enough stuff 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 funny of providing this this SAS business at all so they might extend terms to the clients however always get the money up front so we’re solving the funding payment assets business have which is they have upfront expenses to get consumers and then they earn money months of the month right so to avoid that cash card that every SAS company faces which we dealt with in the past in the previous experience the goal was to provide a tool so they might say to the client hey look the rate is 100
annually and if you want to pay month-to-month excellent usage capshase you understand um and then Founders enjoy that they were like hey people this is amazing this is the Holy Grail of SAS because I need to do discount rates so my ACV boosts and I can close sales faster since I’m offering versatile payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle generally it resembles a trade-off you know 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 new customer that I solve so why do not I do this for my 300 consumers 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 client base into upfront financing to be less dependent on Equity as I said the starting yeah fine this is what we’re going to start with and then we’re going to discover so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a pal at HBS and then guy we started working on it like crazy and and left what is your long-term Vision so it began with you understand you arrived at this hate you if you’re sitting on ARR we understand the business’s uh churn we understand the business’s retention gross margins Etc 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 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
urge to go and work with financing you understand with any vertical we just work with SAS so our goal is to establish multiple products for SAS so we start with funding and it’s excellent due to the fact that business really rely on us we truly like a partner and we we help them to not simply get financing however work much better in a more effective way and through that we’re discovering you understand chances to expand you understand in the transaction of a SAS product