It can be challenging to select the funding model … Capchasem .
Receive up to a year of upfront capital instantly, giving you the versatile financing you need to grow your company and scale. We provide the essential funding you require at that moment. Within 24 hours, we assess the funding required and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with traditional funding
that’s not really an alternative until now
keep your 100 with cap chase we utilize information
to make financing much faster fairer and more
flexible based on your future
foreseeable revenue and after that we wrap it
all up with a single transparent fee
so let’s get this party started at
There is always a moment when a start-up’s creators, senior management team, and leading financing executives assess methods for how to scale the company to the next level and catalog what’s needed to do that successfully. Protecting financing at an early stage can speed up development and result in obtainable and quantifiable success. Ultimately, finance supervisors and the tactical preparation group have to choose the right financing source to help the company reach its objectives.
that management sets for the company. Weighing the dangers and competitive threats in a intelligent and balanced method is essential as it can decide the future of your business The ramifications of offering equity, managing inconsistent cash flow, interest rate movements, and the requirement to make prompt payments to lending institutions are amongst the elements to think about, simply to name a few.
That stated, with the increase of new and more advanced funding options that put business interests of start-ups and midsize companies initially, there’s normally a way to find out an option that’s an excellent fit. It is very important to examine the various funding choices that are available to a company’s creators, management accountants, and finance officers and what considerations they need 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 service provider of non-dilutive growth capital for recurring Revenue companies basically helping business grow without quiting that precious Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m really delighted to share more awesome I’m thrilled to enter 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 very first time creator first time founder it resembles you hit a crowning achievement out of the park out of the gates I love it man that’s fantastic well as quickly as they won you understand like it’s never ever the Home Run never ever like never counts up until the video game is over ideal basically 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 friends you understand and after that as co-founder so uh there’s three of us that work together at the very same SAS company in in Spain so all of us 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 product managers essentially and we see the business from absolutely no to a couple of million err over three years and then we left um at the same time roughly I went to service 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 later on so when I go to company school I I entered into Harvard and you know I was very thrilled about it my whole objective was to go there to get more information 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 a concept with among these co-founders and it was genuine concept it had nothing to do or very little to do with what we’re doing now however you know that was the start 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 know and circular payments in between business and today you just have to wait on that series to develop or you know like there’s no one simplifying those circular payments so we considered hi why do not we do something comparable to like a split wise or companies in verticals such as you understand fried or Logistics or building you know you have a lots of parties that have to wait on different payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B House Business c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or get zero and then business C we get a hundred dollars so when we’re speaking with big companies they all enjoyed it but it was the normal like cold start problem I resemble hey this is excellent when everyone remains in the platform however till then it’s it’s quite difficult to get people to do anything so it was all about hey how do we get more information how can we kind of begin this platform um without utilizing the platform to start with so it was everything about getting more data and to get more data we got to 2 conclusions it’s like we either get information through using an Analytics tool a workflow tool or we provide a funding we have a funding and we get the individuals or data provide us information in order to get funding so you know we started doing that like exploring a growing number of and more and then 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 financing and you understand like we would look at different modes various verticals and so on for two weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is amusing of providing this this SAS business at all so they could extend terms to the consumers however constantly get the money in advance so we’re fixing the funding payment possessions companies have which is they have upfront expenses to obtain customers and then they make money months of the month right so to avoid that cash card that every SAS company deals with which we dealt with in the past in the previous experience the objective was to provide a tool so they might say to the customer hey look the cost is 100
each year and if you want to pay month-to-month excellent use capshase you know um and then Founders enjoy that they were like hey men this is remarkable this is the Holy Grail of SAS because I have to do discounts so my ACV increases and I can close sales quicker because I’m providing versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle generally it resembles a trade-off you understand and then the next thing they said resembled hello why don’t I do this for all my consumer base instead of for every single brand-new consumer that I get right so why don’t I do this for my 300 customers instead of doing it for the web for the 10 new consumers I get months of a month so then we saw what they wanted was to convert their ARR or the customer base into upfront financing to be less depending on Equity as I stated the beginning yeah okay this is what we’re going to begin with and then 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 pal at HBS and then man we started working on it like crazy and and left what is your long-lasting Vision so it started with you know you arrived on this hate you if you’re resting on ARR we know the company’s uh churn we know the business’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 companies right like we just method with such business intentionally right so we withstood the
urge to work and go with funding you know 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 terrific because companies really depend on us we truly like a partner and we we help them to not simply get funding however work better in a more effective way and through that we’re finding you understand opportunities to expand you understand in the deal of a SAS product