It can be challenging to choose the financing model … Capchase Vs Wayflyer .
use non-dilutive growth capital on-demand. Receive up to a year of upfront capital right away, providing you the versatile financing you need to grow your service and scale. Select overdue invoices or just recently paid costs, and select payment 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, adjusting to satisfy your needs. We offer the necessary financing you need at that moment. Your money works for you rather than sitting idle. Within 24 hr, we evaluate the financing required and deposit it instantly to your account. Our easy-to-use user interface enables you to comprehend and manage all your deals and accounts. Gain access to more capital as you scale. We are your partner every step of the method, lowering our rates the longer we work together. Your information enables us to rapidly provide you with the correct amount of capital your company needs.
Capchase works with these users and organization types: Mid Size Organization, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
you’re right with standard funding
that’s not really a choice until now
keep your 100 with cap chase we utilize information
to make financing faster fairer and more
flexible based on your future
predictable income and after that we wrap it
all up with a single transparent fee
Let’s get this celebration started at
There is always a point in time when a start-up’s founders, senior management group, and top financing executives assess strategies for how to scale the company to the next level and catalog what’s required to do that effectively. Protecting financing at an early stage can speed up development and result in obtainable and measurable success. Eventually, financing supervisors and the strategic preparation team need to select the right funding source to assist the company reach its goals.
that management sets for the company. Weighing the threats and competitive threats in a intelligent and balanced way is essential as it can decide the future of your company The ramifications of selling equity, handling irregular cash flow, interest rate movements, and the requirement to make timely payments to lenders are among the aspects to consider, simply to name a few.
That stated, with the rise of new and more advanced financing options that put business interests of start-ups and midsize business initially, there’s generally a way to determine an option that’s an excellent fit. It is very important to examine the different funding alternatives that are offered to a company’s founders, management accounting professionals, and financing officers and what factors to consider they need to make for both the long and short term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for repeating Earnings business essentially assisting business grow without giving up that valuable Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s excellent to be here yeah I’m really delighted to share more awesome 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 home run 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 ever the Crowning achievement never ever like never counts till the video game is over best essentially so so so yeah um we are four co-founders you understand and it’s amusing due to the fact that we’ve all satisfied through initially as good friends you know and after that as co-founder so uh there’s three people that interact at the exact same SAS business in in Spain so we all joined when it was extremely early I joined as the very first individual in sales and there are two people joined us that as product supervisors basically and we see the company from absolutely no to a few million err over three years and then we left um at the same time roughly I went to service school and I went to company school on the other one went to do a stint in VC with the objective of going to service school afterwards so when I go to business school I I got into into Harvard and you know I was very delighted about it my entire objective was to go there to find out more about how to become a founder and after that ideally release something upon graduation and the one that I landed there I was looking into currently an idea with among these co-founders and it was authentic concept 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 novice Journey or the Insight that we had was that hey there are in specific verticals there are a great deal of consecutive payments you know and circular payments between business and today you simply have to wait for that sequence to establish or you understand like there’s no one streamlining those circular payments so we thought about hi why do not we do something comparable to like a split wise or business in verticals such as you understand fried or Logistics or building you understand you have a lots of parties that have to await various payments like they’re all involved in one way or another so imagine you have a platform and then you have company a post Company B 100 and Business B Home Business c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or get no and after that company C we get a hundred dollars so when we’re talking with big companies they all enjoyed it but it was the normal like cold start problem I resemble hey this is excellent when everybody remains in the platform however up until then it’s it’s pretty difficult to get people to do anything so it was all about hi how do we get more data how can we type of begin this platform um without using the platform to start with so it was everything about getting more data 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 provide a funding we have a financing and we get the individuals or data offer us information in order to get funding so you know we started doing that like exploring 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 truly interested in fintech and particularly in funding and you know like we would take a look at different modes different verticals and so on for two weeks at a time if we discovered enough things we would opt for two more weeks if we didn’t would suffice and after that in January 2020 we had the the concept you understand which is amusing of providing this this SAS business at all so they might extend terms to the clients but always get the cash up front so we’re solving the financing payment possessions companies have which is they have in advance expenses to acquire clients and then they get paid months of the month right so to avoid that cash card that every SAS business faces and that we faced in the past in the previous experience the objective was to give them a tool so they might state to the consumer hi look the cost is 100
per year and if you wish to pay month-to-month terrific usage capshase you know um and then Founders like that they resembled hello men this is fantastic this is the Holy Grail of SAS since I have to do discount rates 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 reduce cell cycle usually it’s like a compromise you know and then the next thing they stated resembled hi why don’t I do this for all my consumer base instead of for every single brand-new customer 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 new consumers I get months of a month so then we saw what they desired was to transform their ARR or the client base into upfront funding to be less dependent on Equity as I said the starting yeah all right 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 4th 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 sitting on ARR we know the company’s uh churn we understand the business’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 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 way with such business deliberately right so we resisted the
desire to work and go with financing you understand with any vertical we just work with SAS so our goal is to develop multiple items for SAS so we start with funding and it’s excellent due to the fact that business really count on us we really like a partner and we we help them to not simply get financing however work much better in a more effective method and through that we’re finding you understand opportunities to broaden you know in the deal of a SAS item