It can be challenging to choose the funding model … Capchase Leadership Team .
Receive up to a year of upfront capital instantly, giving you the versatile financing you require to grow your organization and scale. We offer the required financing you need at that moment. Within 24 hours, we assess the funding required and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Business, Small Company, Enterprise, 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
both
you’re right with traditional financing
that’s not really an alternative until now
keep your 100 with cap chase we utilize data
to make funding faster fairer and more
flexible based on your future
foreseeable revenue and then we cover it
all up with a single transparent charge
so let’s get this party began at
There is constantly a moment when a start-up’s creators, senior management team, and top finance executives assess techniques for how to scale the business to the next level and catalog what’s needed to do that successfully. Protecting financing at an early stage can accelerate growth and lead to measurable and achievable success. Eventually, financing supervisors and the strategic preparation team have to decide on the right financing source to assist the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive risks in a balanced and intelligent method is crucial as it can decide the future of your business The ramifications of offering equity, managing inconsistent capital, rate of interest movements, and the requirement to make prompt payments to lending institutions are amongst the factors to consider, simply to name a few.
That stated, with the increase of brand-new and more sophisticated funding options that put business interests of start-ups and midsize business first, there’s normally a method to find out an option that’s a good fit. It is essential to examine the various financing options that are offered to a company’s creators, management accountants, 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 excited to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive development capital for recurring Profits business basically assisting business grow without quiting that valuable Equity you took so long to build 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 really 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 Creators why cap Chase what else did you think about from what I understood you’re a first time creator first time founder it resembles you struck a crowning achievement out of the park out of evictions I like it man that’s fantastic well as quickly as they won you understand like it’s never the Home Run never like never counts up until the video game is over right essentially so so so yeah um we are 4 co-founders you know and it’s funny because we have actually all fulfilled through initially as 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 we all signed up with when it was extremely early I signed up with as the very first person in sales and there are two individuals joined us that as product managers generally and we see the business from no to a few million err over 3 years and after that we left um at the same time roughly I went to organization school and I went to service school on the other one went to do a stint in VC with the goal of going to company school later on so when I go to business school I I got into into Harvard and you know I was very excited about it my entire objective was to go there for more information about how to become a creator and then hopefully introduce something upon graduation and the one that I landed there I was researching already a concept with among these co-founders and it was genuine concept it had nothing to do or very little to do with what we’re doing now but you understand that was the beginning 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 consecutive payments you know and circular payments in between companies and right now you just have to await that sequence to develop or you understand like there’s no one simplifying those circular payments so we thought about hey why do not we do something similar to like a split sensible or companies in verticals such as you understand fried or Logistics or building and construction you understand you have a ton of parties that need to wait on various 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 Company B 100 and Business B House 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 absolutely no they would get they would pay no or receive zero and after that company C we get a hundred dollars so when we’re speaking with large companies they all liked it but it was the typical like cold start issue I resemble hey this is fantastic when everybody remains in the platform but up until then it’s it’s pretty hard to get people to do anything so it was all about hello how do we get more data 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 data we got to 2 conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we provide a financing we have a funding and we get the information or people provide us information in order to get funding so you know we began doing that like exploring increasingly more and more and after that what we need what we saw is that we knew more about sales than anything else we were truly interested in fintech and specifically in funding and you know like we would take a look at various modes various verticals and so on for two weeks at a time if we discovered enough stuff we would go for two 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 using this this SAS business at all so they might extend terms to the clients but constantly get the cash up front so we’re fixing the financing payment assets companies have which is they have in advance costs to get clients and then they earn money months of the month right so to avoid that money card that every SAS company faces and that we faced in the past in the previous experience the goal was to provide a tool so they could say to the customer hello look the price is 100
annually and if you want to pay regular monthly excellent usage capshase you understand um and after that Creators enjoy that they were like hello guys this is fantastic this is the Holy Grail of SAS since I have to do discounts so my ACV boosts and I can close sales much faster since I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle normally it resembles a trade-off you know and then the next thing they said resembled hello why don’t I do this for all my client base instead of for every brand-new client that I solve so why do not I do this for my 300 clients instead of doing it for the net 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 based on Equity as I said the starting yeah alright this is what we’re going to begin with and after that 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 friend at HBS and then man we started working on it like crazy and and left what is your long-term Vision so it began with you understand you landed on this hate you if you’re resting on ARR we know the business’s uh churn we understand the company’s retention gross margins Etc 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-term vision of of the business so for us it’s it’s it’s or it’s all around SAS companies right like we only method with such business deliberately right so we withstood the
desire to go and work with funding you understand with any vertical we just work with SAS so our objective is to develop numerous items for SAS so we begin with funding and it’s excellent since companies truly count on us we truly like a partner and we we help them to not just get funding however work better in a more efficient method and through that we’re finding you know opportunities to expand you understand in the transaction of a SAS item