It can be challenging to select the funding model … Capchase Insure Ltd .
use non-dilutive growth capital on-demand. Receive approximately a year of upfront capital immediately, offering you the versatile financing you require to grow your organization and scale. Select overdue billings or recently paid expenses, and pick payment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adapting to meet your demands. We offer the required funding you need at that moment. Your money works for you rather than sitting idle. Within 24 hours, we examine the financing needed and deposit it quickly to your account. Our easy-to-use interface enables you to understand and handle all your transactions and accounts. Gain access to more capital as you scale. We are your partner every step of the way, reducing our rates the longer we work together. Your information allows us to quickly offer you with the correct amount of capital your business needs.
Capchase works with these users and company types: Mid Size Company, Small Business, 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 very best of
you’re right with conventional funding
that’s not truly an option until now
keep your 100 with cap chase we use data
to make funding faster fairer and more
versatile based upon your future
predictable income and then we cover it
all up with a single transparent fee
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There is always a moment when a start-up’s creators, senior management team, and top finance executives assess strategies for how to scale the business to the next level and catalog what’s required to do that effectively. Securing financing at an early stage can speed up development and result in achievable and measurable success. Ultimately, financing supervisors and the strategic planning team need to decide on the right financing source to assist the business reach its objectives.
that management sets for the organization. Weighing the threats and competitive risks in a balanced and intelligent way is important as it can choose the future of your company The ramifications of selling equity, managing inconsistent capital, rates of interest movements, and the requirement to make prompt payments to loan providers are amongst the factors to think about, just among others.
That said, with the rise of new and more advanced financing alternatives that put business interests of start-ups and midsize business initially, there’s generally a way to determine a solution that’s a great fit. It is necessary to examine the various funding alternatives that are offered to a business’s founders, management accounting professionals, and financing officers and what factors to consider they need 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 supplier of non-dilutive growth capital for repeating Revenue business generally assisting companies grow without quiting that valuable Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s fantastic to be here yeah I’m extremely excited to share more incredible I’m delighted to enter your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you consider from what I comprehended you’re a very first time creator very 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 fantastic well as soon as they won you understand like it’s never the Home Run never ever like never ever counts until the video game is over best generally so so so yeah um we are four co-founders you know and it’s amusing since we have actually all met through initially as friends you understand and then as co-founder so uh there’s 3 people that work together at the same SAS business in in Spain so all of us joined when it was really early I joined as the very first individual in sales and there are two individuals joined us that as item supervisors essentially and we see the business from no to a couple of million err over 3 years and after that we left um at the same time approximately I went to business school and I went to organization school on the other one went to do a stint in VC with the objective of going to company school later on so when I go to business school I I entered into Harvard and you understand I was very excited about it my whole objective was to go there to find out more about how to end up being a creator and after that hopefully launch something upon graduation and the one that I landed there I was looking into currently an idea with one of these co-founders and it was genuine concept it had absolutely nothing to do or very little to do with what we’re doing now but you know that was the start of the journey and the novice 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 just need to wait for that series to establish or you understand like there’s nobody streamlining those circular payments so we thought of hey why don’t we do something comparable to like a split sensible or business in verticals such as you understand fried or Logistics or building and construction you understand you have a ton of parties that have to await various payments like they’re all involved in one way or another so imagine you have a platform and then you have company a post Company B 100 and Company B Home Company 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 absolutely no or get absolutely no and then company C we get a hundred dollars so when we’re talking with big companies they all enjoyed it but it was the normal like cold start problem I’m like hey this is fantastic when everybody’s in the platform however until then it’s it’s pretty difficult to get people to do anything so it was all about hi how do we get more information how can we kind 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 2 conclusions it resembles we either get data through using an Analytics tool a workflow tool or we offer a funding we have a financing and we get the people or information offer us data in order to get funding so you understand we started doing that like checking out a growing number of and more and after that what we need what we saw is that we knew more about sales than anything else we were really interested in fintech and specifically in financing and you know like we would take a look at various modes different verticals and so on for two weeks at a time if we discovered enough things we would opt for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you understand which is amusing of providing this this SAS business at all so they could extend terms to the consumers but constantly get the money in advance so we’re resolving the funding payment properties companies have which is they have in advance costs to obtain customers and then they get paid months of the month right so to avoid that cash card that every SAS company faces and that we faced in the past in the previous experience the objective was to give them a tool so they could say to the customer hello look the cost is 100
annually and if you wish to pay monthly great use capshase you understand um and then Creators enjoy that they were like hello people this is incredible this is the Holy Grail of SAS since I have to do discounts so my ACV increases and I can close sales faster because I’m providing versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle typically it’s like a trade-off you understand and then the next thing they stated resembled hi why don’t I do this for all my consumer base instead of for every brand-new customer that I solve so why don’t I do this for my 300 consumers instead of doing it for the internet for the 10 new customers I get months of a month so then we saw what they wanted was to convert their ARR or the customer base into upfront financing to be less depending on Equity as I said the starting yeah okay 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 later on and that’s when the 4th co-founder joined who has a friend at HBS and then guy we began working on it like crazy and and left what is your long-term Vision so it started with you understand you landed on this hate you if you’re sitting on ARR we know the business’s uh churn we understand the company’s retention gross margins And so on so I can take their ARR and provide 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 companies right like we only way with such companies intentionally right so we withstood the
desire to work and go with funding you know with any vertical we only work with SAS so our objective is to establish multiple products for SAS so we start with financing and it’s excellent due to the fact that business really count on us we really like a partner and we we help them to not just get financing however work much better in a more efficient way and through that we’re discovering you know chances to broaden you know in the deal of a SAS item