It can be challenging to select the funding model … Capchase Netherlands .
Get up to a year of in advance capital instantly, providing you the flexible financing you need to grow your business and scale. We provide the needed funding you need at that moment. Within 24 hours, we assess the financing needed and deposit it quickly to your account.
Capchase deals with these users and organization types: Mid Size Business, 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
business the response how about the best of
you’re right with traditional funding
that’s not actually a choice until now
keep your 100 with cap chase we utilize data
to make funding faster fairer and more
flexible based on your future
predictable income and then we wrap it
all up with a single transparent cost
so let’s get this celebration started at
There is constantly a moment when a start-up’s creators, senior management team, and top financing executives examine techniques for how to scale the company to the next level and brochure what’s needed to do that effectively. Securing funding at an early stage can accelerate growth and result in measurable and achievable success. Eventually, financing supervisors and the tactical planning group have to pick the right funding source to help the business reach its goals.
that management sets for the company. Weighing the risks and competitive risks in a intelligent and well balanced way is vital as it can decide the future of your company The ramifications of selling equity, handling inconsistent cash flow, interest rate movements, and the need to make timely payments to lenders are amongst the aspects to think about, just to name a few.
That stated, with the rise of new and more sophisticated funding alternatives that put the business interests of start-ups and midsize business first, there’s normally a way to figure out an option that’s an excellent fit. It is essential to investigate the different financing alternatives that are available to a business’s creators, management accountants, and finance officers and what factors to consider they require to make for both the long and brief 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 recurring Earnings business basically helping business grow without quiting that valuable 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 excited to share more incredible I’m delighted 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 consider from what I understood you’re a first time creator very first time founder it resembles you struck a home run out of the park out of the gates I enjoy it man that’s fantastic well as quickly as they won you know like it’s never the Home Run never ever like never ever counts until the game is over best basically so so so yeah um we are 4 co-founders you understand and it’s funny because we have actually all satisfied through first as friends you understand and after that as co-founder so uh there’s 3 people that collaborate at the very same SAS company in in Spain so all of us joined when it was really early I signed up with as the very first individual in sales and there are 2 people joined us that as item managers essentially and we see the company from no to a couple of million err over 3 years and after that we left um at the same time roughly I went to company school and I went to service school on the other one went to do a stint in VC with the objective of going to organization school afterwards so when I go to organization school I I entered into Harvard and you understand I was very thrilled about it my whole goal was to go there to find out more about how to become a founder and after that hopefully launch something upon graduation and the one that I landed there I was researching already an idea 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 know that was the start of the journey and the newbie Journey or the Insight that we had was that hey there are in certain verticals there are a lot of sequential payments you know and circular payments between business and today you just have to await that sequence to establish or you know like there’s nobody simplifying those circular payments so we considered hi why don’t we do something similar to like a split wise or companies in verticals such as you know fried or Logistics or construction you understand you have a lots of celebrations that have to await various payments like they’re all associated with one way or another so envision you have a platform and after that you have company a post Business 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 Business B zero they would get they would pay absolutely no or get absolutely no and then business C we get a hundred dollars so when we’re talking with large business they all loved it however it was the normal like cold start problem I’m like hey this is terrific when everyone’s in the platform however till then it’s it’s pretty difficult to get people to do anything so it was everything about hey how do we get more data how can we kind of kick start 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 two conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we offer a funding we have a funding and we get the people or data give us information in order to get financing so you know we began doing that like exploring a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were really thinking about 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 choose two more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is funny of offering this this SAS companies at all so they could extend terms to the customers however always get the cash up front so we’re solving the funding payment properties companies have which is they have upfront expenses to acquire consumers and after that they make money months of the month right so to avoid that money card that every SAS business faces which we dealt with in the past in the previous experience the goal was to provide a tool so they might state to the consumer hey look the price is 100
annually and if you wish to pay month-to-month fantastic use capshase you know um and after that Creators like that they resembled hi men this is incredible this is the Holy Grail of SAS because I have to do discounts so my ACV increases and I can close sales quicker since I’m using flexible payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle normally it resembles a compromise you understand and then the next thing they said was like hi why do not I do this for all my client base instead of for every single new customer that I solve so why do not I do this for my 300 customers 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 desired was to transform their ARR or the customer base into in advance financing to be less based on Equity as I stated the starting yeah alright this is what we’re going to begin with and after that we’re going to learn so much so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a friend at HBS and after that man we began dealing with it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re sitting 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 provide 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 companies right like we only way with such companies deliberately right so we resisted the
urge to go and work with funding you understand with any vertical we only work with SAS so our goal is to establish multiple products for SAS so we start with funding and it’s great because business truly count on us we actually like a partner and we we help them to not just get financing but work much better in a more effective way and through that we’re discovering you know opportunities to broaden you understand in the transaction of a SAS product