It can be challenging to pick the funding model … Capchase Series C .
take advantage of non-dilutive development capital on-demand. Get up to a year of in advance capital right away, providing you the flexible funding you need to grow your business and scale. Select overdue billings or recently paid expenditures, and choose repayment terms of 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adapting to satisfy your needs. We supply the necessary financing you require at that moment. Your money works for you instead of sitting idle. Within 24 hours, we assess the financing required and deposit it immediately to your account. Our user friendly interface enables you to understand and handle all your deals and accounts. Access more capital as you scale. We are your partner every step of the way, reducing our rates the longer we collaborate. Your information allows us to rapidly offer you with the right amount of capital your service needs.
Capchase deals with these users and organization types: Mid Size Service, Small Business, Enterprise, 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 best of
both
you’re right with traditional financing
that’s not really an option until now
keep your 100 with cap chase we utilize information
to make financing faster fairer and more
flexible based upon your future
predictable income and after that we cover it
all up with a single transparent charge
so let’s get this party started at
There is always a moment when a start-up’s founders, senior management group, and top financing executives assess strategies for how to scale the business to the next level and catalog what’s required to do that effectively. Protecting funding at an early stage can speed up development and cause attainable and measurable success. Ultimately, financing supervisors and the strategic preparation team need to choose the right funding source to assist the company reach its objectives.
that management sets for the organization. Weighing the dangers and competitive threats in a intelligent and balanced method is crucial as it can choose the future of your business The ramifications of offering equity, managing irregular capital, interest rate movements, and the need to make timely payments to lenders are among the factors to think about, simply among others.
That stated, with the increase of new and more advanced financing choices that put business interests of start-ups and midsize business initially, there’s generally a method to find out a service that’s a good fit. It is necessary to examine the various funding alternatives that are available to a business’s creators, management accounting professionals, and finance officers and what considerations they need to make for 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 service provider of non-dilutive growth capital for repeating Revenue companies basically assisting business grow without quiting that precious Equity you took so long to build Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m extremely thrilled to share more remarkable I’m delighted to get 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 first time creator it resembles you struck a crowning achievement out of the park out of the gates I like it man that’s fantastic well as soon as they won you know like it’s never the Home Run never like never ever counts up until the game is over right generally so so so yeah um we are 4 co-founders you know and it’s amusing due to the fact that we have actually all fulfilled through first as buddies you understand and then as co-founder so uh there’s 3 people that collaborate at the exact same SAS business in in Spain so we all signed up with when it was very early I signed up with as the very first individual in sales and there are two individuals joined us that as product supervisors basically and we see the business from absolutely no to a couple of million err over three years and after that we left um at the same time approximately I went to business school and I went to business school on the other one went to do a stint in VC with the objective of going to organization school later on so when I go to business school I I entered into Harvard and you understand I was very thrilled about it my whole objective was to go there to get more information about how to become a founder and then hopefully introduce 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 really little to do with what we’re doing now however you understand that was the start of the journey and the newbie Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you know and circular payments between companies and right now you just need to wait on that sequence to establish or you know like there’s nobody streamlining those circular payments so we considered hello why don’t we do something similar to like a split wise or business in verticals such as you know fried or Logistics or building you know you have a lots of parties that have to await 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 Business B House Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Business B no they would get they would pay zero or get no and after that business C we get a hundred dollars so when we’re speaking to large companies they all loved it but it was the typical like cold start problem I resemble hey this is excellent when everybody remains in the platform however till then it’s it’s pretty difficult to get individuals to do anything so it was everything about hello how do we get more information how can we type of kick start 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’s like we either get information through providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the data or individuals offer us data 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 understood more about sales than anything else we were really interested in fintech and particularly 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 found enough stuff we would opt for two more weeks if we didn’t would cut it 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 could extend terms to the customers however always get the money in advance so we’re resolving the financing payment assets business have which is they have in advance expenses to acquire customers and then they make money months of the month right so to prevent that cash card that every SAS company deals with 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 hey look the price is 100
per year and if you wish to pay monthly fantastic usage capshase you understand um and after that Founders love that they resembled hi men this is fantastic this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales faster due to the fact that I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle generally it’s like a compromise you know and after that the next thing they said resembled hi why don’t I do this for all my client base instead of for every single brand-new client that I get right so why do not I do this for my 300 clients instead of doing it for the web for the 10 brand-new clients I get months of a month so then we saw what they wanted was to convert their ARR or the client base into in advance financing to be less depending on Equity as I stated the starting yeah all right this is what we’re going to begin with and then we’re going to find out so much so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a pal at HBS and then guy we began dealing with it like crazy and and dropped out what is your long-term Vision so it began with you know you arrived at this hate you if you’re resting on ARR we understand the company’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-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 just method with such companies intentionally right so we withstood the
desire to go and work with financing you understand with any vertical we only work with SAS so our goal is to establish several products for SAS so we start with funding and it’s fantastic due to the fact that companies really count on us we really like a partner and we we help them to not simply get financing but work much better in a more efficient method and through that we’re discovering you know opportunities to broaden you understand in the transaction of a SAS product