It can be challenging to pick the financing model … Capchase Unicornio .
Get up to a year of upfront capital immediately, giving you the flexible funding you require to grow your organization and scale. We provide the needed funding you need at that moment. Within 24 hours, we examine the funding required and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Organization, Small Business, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the response how about the very best of
you’re right with conventional financing
that’s not actually a choice until now
keep your 100 with cap chase we use data
to make funding faster fairer and more
flexible based on your future
predictable income and then we cover it
all up with a single transparent charge
so let’s get this celebration began at
There is always a moment when a start-up’s founders, senior management team, and leading financing executives examine strategies for how to scale the company to the next level and brochure what’s required to do that effectively. Protecting funding at an early stage can accelerate development and result in quantifiable and attainable success. Ultimately, finance supervisors and the strategic preparation team need to choose the right funding source to assist the company reach its goals.
that management sets for the organization. Weighing the risks and competitive hazards in a smart and well balanced way is vital as it can decide the future of your company The implications of selling equity, handling irregular cash flow, interest rate motions, and the need to make prompt payments to loan providers are amongst the aspects to consider, 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 usually a way to find out a solution that’s an excellent fit. It is essential to examine the various financing options that are offered to a company’s founders, management accounting professionals, and financing officers and what factors to consider they require to produce both the brief and long term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive growth capital for repeating Profits companies generally helping 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 fantastic to be here yeah I’m extremely thrilled 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 comprehended you’re a very first time founder very first time founder it’s like you hit a crowning achievement out of the park out of evictions I like it man that’s fantastic well as quickly as they won you know like it’s never the Crowning achievement never ever like never counts until the video game is over best basically so so so yeah um we are four co-founders you know and it’s amusing since we’ve all fulfilled through initially as friends you understand and then as co-founder so uh there’s three of us that interact at the exact same SAS business in in Spain so we all signed up with when it was extremely early I signed up with as the first individual in sales and there are two individuals joined us that as item supervisors essentially and we see the company from zero to a few million err over 3 years and then we left um at the same time approximately I went to business school and I went to service school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to service school I I entered into Harvard and you know I was really thrilled about it my entire objective was to go there to learn more about how to become a founder and after that hopefully introduce something upon graduation and the one that I landed there I was looking into already an idea with one of these co-founders and it was genuine idea it had absolutely nothing to do or really 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 great deal of consecutive payments you understand and circular payments in between companies and right now you simply have to wait for that series to develop or you understand like there’s no one simplifying those circular payments so we thought of hello why do not we do something comparable to like a split sensible or companies in verticals such as you understand fried or Logistics or building you know you have a ton of parties that have to await different 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 Company B House Company c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Business B absolutely no they would get they would pay no or get zero and after that business C we get a hundred dollars so when we’re speaking to big companies they all enjoyed it however it was the common like cold start issue I’m like hey this is terrific when everyone’s in the platform but till then it’s it’s pretty tough to get individuals to do anything so it was everything about hello how do we get more information how can we kind of kick start this platform um without using the platform to start with so it was everything about getting more information and to get more information we got to 2 conclusions it resembles we either get information through using an Analytics tool a workflow tool or we provide a financing we have a financing and we get the information or individuals provide us information 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 understood more about sales than anything else we were actually thinking about fintech and particularly in financing and you know like we would look at different modes different verticals and so on for 2 weeks at a time if we discovered 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 using this this SAS business at all so they might extend terms to the clients however always get the cash in advance so we’re solving the financing payment possessions companies have which is they have upfront costs to acquire customers and then they get paid months of the month right so to avoid that money card that every SAS business deals with which we dealt with in the past in the previous experience the goal was to give them a tool so they could say to the consumer hi look the rate is 100
each year and if you want to pay month-to-month fantastic usage capshase you know um and then Founders like that they were like hey people this is amazing this is the Holy Grail of SAS due to the fact that I have to do discounts so my ACV boosts and I can close sales faster because I’m using flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle typically it’s like a compromise you know and then the next thing they said resembled hi why do not I do this for all my customer base instead of for every new client that I solve so why do not I do this for my 300 customers instead of doing it for the web for the 10 brand-new customers I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into in advance financing to be less based on Equity as I said the starting yeah okay this is what we’re going to start with and after that we’re going to find out a lot so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a friend at HBS and then guy we started working on it like crazy and and left what is your long-term Vision so it started with you know you landed on this hate you if you’re resting on ARR we understand 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 however 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 just method with such companies deliberately right so we withstood the
urge to work and go with funding you understand with any vertical we just work with SAS so our objective is to establish numerous items for SAS so we begin with financing and it’s great since business truly rely on us we really like a partner and we we help them to not just get financing however work much better in a more effective way and through that we’re finding you understand chances to broaden you understand in the deal of a SAS product