It can be challenging to choose the financing model … Capchaseurse .
use non-dilutive development capital on-demand. Get up to a year of upfront capital immediately, offering you the flexible financing you require to grow your organization and scale. Select unsettled billings or recently paid expenses, and choose payment terms of 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even annual agreements, adapting to meet your needs. We provide the essential funding you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the financing needed and deposit it instantly to your account. Our easy-to-use user interface permits you to comprehend and handle all your accounts and deals. Access more capital as you scale. We are your partner every step of the way, decreasing our rates the longer we interact. Your data enables us to rapidly provide you with the right amount of capital your business needs.
Capchase works with these users and organization types: Mid Size Company, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the response how about the best of
you’re right with traditional financing
that’s not truly an alternative until now
keep your 100 with cap chase we utilize information
to make funding quicker fairer and more
versatile based on your future
predictable earnings and after that we cover it
all up with a single transparent fee
Let’s get this party began at
There is constantly a moment when a start-up’s founders, senior management group, and leading finance executives evaluate methods for how to scale the business to the next level and brochure what’s required to do that effectively. Protecting funding at an early stage can accelerate development and cause obtainable and measurable success. Eventually, financing managers and the tactical preparation team need to choose the right funding source to help the company reach its goals.
that management sets for the company. Weighing the risks and competitive risks in a smart and balanced way is essential as it can choose the future of your business The ramifications of offering equity, managing inconsistent cash flow, rate of interest motions, and the need to make timely payments to loan providers are among the factors to think about, just to name a few.
That said, with the rise of new and more advanced funding choices that put the business interests of start-ups and midsize companies initially, there’s generally a way to figure out a service that’s a good fit. It’s important to investigate the various financing choices that are readily available to a company’s creators, management accounting professionals, and financing officers and what considerations they require to make for both the short and long term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for repeating Revenue companies essentially helping business grow without giving up that valuable Equity you took so long to develop 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 extremely excited to share more amazing I’m excited 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 think about from what I understood you’re a first time founder very first time founder it resembles you hit a home run out of the park out of the gates I love it man that’s incredible well as quickly as they won you understand like it’s never the Crowning achievement never like never ever counts up until the video game is over ideal essentially so so so yeah um we are 4 co-founders you understand and it’s funny due to the fact that we’ve all met through first as friends you know and after that as co-founder so uh there’s 3 of us that collaborate 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 individual in sales and there are two people joined us that as product managers essentially and we see the business from no to a couple of million err over three years and then we left um at the same time roughly I went to business school and I went to company school on the other one went to do a stint in VC with the goal of going to service school afterwards so when I go to organization school I I got into into Harvard and you understand I was very thrilled about it my whole goal was to go there to read more about how to end up being a founder and then ideally introduce something upon graduation and the one that I landed there I was investigating currently a concept with one of these co-founders and it was genuine idea it had absolutely nothing to do or extremely little to do with what we’re doing now however you know that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of consecutive payments you understand and circular payments in between business and today you simply have to await that sequence to establish or you know like there’s no one simplifying those circular payments so we thought about hello why do not we do something comparable to like a split smart or business in verticals such as you understand fried or Logistics or building you understand you have a ton of celebrations that have to wait on different payments like they’re all associated with one way or another so picture you have a platform and after that 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 business.
a would pay a hundred the platform Business B absolutely no they would get they would pay zero or receive absolutely no and then business C we get a hundred dollars so when we’re speaking to big business they all liked it but it was the normal like cold start issue I resemble hey this is fantastic when everyone’s in the platform however up until then it’s it’s quite difficult to get people to do anything so it was everything about hello how do we get more data how can we kind of begin this platform um without using the platform to start with so it was everything about getting more data and to get more information we got to 2 conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we provide a funding we have a financing and we get the individuals or information give us information in order to get financing so you know we started doing that like checking out a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were really interested in fintech and specifically in funding and you understand like we would take a look at various modes various verticals and so on for two weeks at a time if we discovered enough stuff we would go for two more weeks if we didn’t would suffice and then in January 2020 we had the the idea you know which is amusing of providing this this SAS companies at all so they might extend terms to the clients however constantly get the cash in advance so we’re fixing the financing payment properties business have which is they have in advance expenses to get customers and after that they make money months of the month right so to avoid that cash card that every SAS company faces and that we dealt with 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 rate is 100
each year and if you want to pay regular monthly excellent use capshase you know um and after that Creators enjoy that they were like hey 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 faster due to the fact that I’m using flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle typically it resembles a compromise you understand and then the next thing they said resembled hello why do not I do this for all my client base instead of for every brand-new client that I solve so why don’t I do this for my 300 customers instead of doing it for the internet for the 10 new clients I get months of a month so then we saw what they wanted was to transform their ARR or the customer base into upfront financing to be less depending on Equity as I said the beginning yeah all right this is what we’re going to begin with and then we’re going to discover so much so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a good friend at HBS and after that male we started working on it like crazy and and left what is your long-lasting Vision so it started with you understand you arrived at 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-lasting 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 business intentionally right so we resisted the
urge to go and work with funding you know with any vertical we just deal with SAS so our objective is to establish numerous items for SAS so we begin with funding and it’s great due to the fact that business truly count on us we actually like a partner and we we help them to not just get funding but work better in a more effective method and through that we’re finding you understand opportunities to expand you understand in the transaction of a SAS item