It can be challenging to pick the financing model … Capchase Scouts .
Receive up to a year of upfront capital right away, giving you the flexible funding you need to grow your company and scale. We offer the essential financing you need at that minute. Within 24 hours, we assess the financing needed and deposit it quickly to your account.
Capchase works with these users and organization types: Mid Size Company, Small Business, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the very best of
both
you’re right with traditional funding
that’s not truly an option previously
keep your 100 with cap chase we utilize information
to make financing quicker fairer and more
versatile based upon your future
foreseeable revenue and then we cover it
all up with a single transparent charge
Let’s get this celebration started at
There is always a time when a start-up’s founders, senior management group, and top financing executives examine strategies for how to scale the company to the next level and catalog what’s required to do that successfully. Protecting funding at an early stage can accelerate growth and lead to achievable and quantifiable success. Eventually, finance managers and the strategic planning team need to choose the right funding source to help the company reach its objectives.
that management sets for the company. Weighing the dangers and competitive risks in a intelligent and balanced way is crucial as it can decide the future of your business The implications of selling equity, handling inconsistent cash flow, rates of interest movements, and the need to make timely payments to loan providers are amongst the elements to think about, simply to name a few.
That said, with the rise of brand-new and more advanced financing options that put business interests of start-ups and midsize companies initially, there’s typically a way to find out a service that’s a great fit. It is essential to examine the different funding options that are readily available to a business’s founders, management accounting professionals, and financing officers and what considerations they need to make for both the long and short 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 growth capital for repeating Earnings companies generally assisting companies grow without quiting that valuable Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m extremely delighted to share more remarkable I’m excited 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 founder 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 amazing well as soon as they won you understand like it’s never ever the Home Run never ever like never counts up until the game is over ideal essentially so so so yeah um we are four co-founders you know and it’s amusing due to the fact that we have actually all satisfied through initially as pals you know and after that as co-founder so uh there’s three people that interact at the exact same SAS company in in Spain so all of us signed up with when it was really early I signed up with as the very first person in sales and there are 2 people joined us that as product managers generally and we see the company from no to a few million err over three years and then we left um at the same time approximately I went to organization school and I went to service school on the other one went to do a stint in VC with the objective of going to service school later on so when I go to company school I I entered into into Harvard and you know I was extremely thrilled about it my whole objective was to go there to find out more about how to end up being a founder and after that hopefully release 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 nothing to do or extremely little to do with what we’re doing now but you know that was the beginning of the journey and the beginner Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of sequential payments you understand and circular payments between companies and today you just have to await that series to establish or you understand like there’s no one streamlining those circular payments so we considered hello 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 ton of celebrations that need to wait for various payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Company B 100 and Company B House Company c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or receive zero and then business C we get a hundred dollars so when we’re speaking with big companies they all loved it but it was the normal like cold start problem I resemble hey this is great when everyone remains in the platform however until then it’s it’s pretty hard to get people to do anything so it was everything about hi how do we get more information how can we type 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 2 conclusions it resembles we either get information through using an Analytics tool a workflow tool or we offer a funding we have a financing and we get the people or information provide us data in order to get financing so you know we started doing that like checking out more and more and more and after that what we require what we saw is that we understood more about sales than anything else we were really interested in fintech and specifically in funding and you understand like we would look at different modes different verticals and so on for two weeks at a time if we discovered enough stuff we would opt for 2 more weeks if we didn’t would suffice and then in January 2020 we had the the idea you understand which is amusing of offering this this SAS business at all so they could extend terms to the clients but constantly get the money in advance so we’re resolving the financing payment properties companies have which is they have upfront costs to acquire consumers and after that they earn money months of the month right so to avoid that cash card that every SAS company deals with which we faced in the past in the previous experience the objective was to give them a tool so they might say to the customer hi look the price is 100
annually and if you wish to pay month-to-month fantastic use capshase you know um and then Creators like that they resembled hey people this is remarkable this is the Holy Grail of SAS since I have to do discounts so my ACV boosts and I can close sales faster since I’m offering versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle generally it’s like a trade-off you understand and after that the next thing they said was like hi why do not I do this for all my client base instead of for every new consumer that I get right so why don’t I do this for my 300 clients instead of doing it for the net for the 10 brand-new clients I get months of a month so then we saw what they desired was to convert their ARR or the customer base into upfront financing to be less based on Equity as I said the beginning yeah okay this is what we’re going to start with and then we’re going to find out a lot so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a buddy at HBS and then male we began dealing with it like crazy and and dropped out what is your long-lasting Vision so it began with you know you arrived 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 lend them in advance x times times x ARR or times x mrr but what is a long-term vision of of the company so for us it’s it’s it’s or it’s all around SAS business right like we only method with such business deliberately right so we resisted the
urge to work and go with financing you know with any vertical we just deal with SAS so our objective is to develop multiple products for SAS so we start with financing and it’s terrific due to the fact that companies really rely on us we actually like a partner and we we help them to not just get funding however work better in a more effective way and through that we’re discovering you understand opportunities to broaden you understand in the transaction of a SAS product