It can be challenging to pick the financing model … Capchasever .
use non-dilutive growth capital on-demand. Get up to a year of upfront capital right away, giving you the flexible funding you require to grow your organization and scale. Select unpaid billings or recently paid expenses, and choose payment regards to 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even annual contracts, adjusting to meet your needs. We offer the needed financing you need at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we assess the financing required and deposit it immediately to your account. Our user friendly user interface enables you to understand and manage all your accounts and deals. Gain access to more capital as you scale. We are your partner every action of the way, lowering our rates the longer we interact. Your information enables us to rapidly provide you with the correct amount of capital your organization requirements.
Capchase works with these users and company types: Mid Size Company, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the very best of
you’re right with standard funding
that’s not truly an alternative until now
keep your 100 with cap chase we use data
to make funding faster fairer and more
flexible based upon your future
predictable income and after that we cover it
all up with a single transparent cost
so let’s get this party started at
There is always a time when a start-up’s founders, senior management team, and leading finance executives assess strategies for how to scale the business to the next level and brochure what’s required to do that successfully. Securing financing at an early stage can speed up growth and lead to achievable and quantifiable success. Eventually, finance supervisors and the strategic preparation team have to pick the right financing source to assist the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive threats in a well balanced and smart method is important as it can decide the future of your business The implications of selling equity, managing irregular cash flow, rate of interest movements, and the need to make timely payments to loan providers are among the elements to think about, simply among others.
That said, with the rise of new and more sophisticated 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 great fit. It is very important to investigate the various funding options that are offered to a company’s creators, management accountants, and finance officers and what considerations they require to make for both the brief and long term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for recurring Profits companies basically assisting companies grow without giving up that valuable 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 really 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 consider from what I comprehended you’re a very first time founder very first time creator it’s like you struck a crowning achievement out of the park out of the gates I enjoy it man that’s incredible well as quickly as they won you understand like it’s never ever the Crowning achievement never like never counts till the game is over right generally so so so yeah um we are 4 co-founders you understand and it’s funny because we have actually all met through initially as friends you know and then as co-founder so uh there’s 3 people that collaborate at the same SAS business in in Spain so we all signed up with when it was very early I joined as the first person in sales and there are 2 people joined us that as product supervisors basically and we see the company from zero to a few million err over three years and after that we left um at the same time roughly 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 organization school afterwards so when I go to business school I I got into into Harvard and you understand I was really thrilled about it my entire objective was to go there to learn more about how to end up being a founder and after that ideally release something upon graduation and the one that I landed there I was researching currently an idea with among these co-founders and it was authentic concept it had absolutely nothing to do or very little to do with what we’re doing now however you know that was the start of the newbie and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of sequential payments you know and circular payments between companies and today you just need to await that series to establish or you understand like there’s nobody simplifying those circular payments so we thought of hello why don’t we do something comparable to like a split wise or business in verticals such as you understand fried or Logistics or construction you understand you have a ton of celebrations that have to wait for 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 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 zero and then company C we get a hundred dollars so when we’re speaking to large companies they all liked it but it was the normal like cold start problem I’m like hey this is terrific when everybody’s in the platform however until then it’s it’s quite difficult to get individuals to do anything so it was everything about hey how do we get more data how can we type 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’s like we either get data through using an Analytics tool a workflow tool or we provide a financing we have a funding and we get the data or individuals give us data in order to get funding so you know 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 knew more about sales than anything else we were actually interested in fintech and specifically in financing and you know like we would take a look at different modes various verticals and so on for 2 weeks at a time if we discovered enough things we would choose 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is amusing of using this this SAS companies at all so they might extend terms to the customers but constantly get the money up front so we’re fixing the funding payment properties companies have which is they have upfront costs to acquire consumers and after that they make money months of the month right so to prevent that cash card that every SAS business faces and that we faced in the past in the previous experience the goal was to provide a tool so they might state to the client hello look the price is 100
annually and if you want to pay regular monthly terrific usage capshase you know um and after that Founders like that they were like hi men this is amazing this is the Holy Grail of SAS because I need to do discount rates so my ACV boosts and I can close sales faster because I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle usually it resembles a trade-off you understand and after that the next thing they stated resembled hello why don’t I do this for all my client base instead of for each new consumer that I get right so why don’t I do this for my 300 customers instead of doing it for the net for the 10 brand-new consumers I get months of a month so then we saw what they desired was to convert their ARR or the customer base into in advance funding to be less based on Equity as I stated the beginning 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 which’s when the fourth co-founder joined who has a buddy at HBS and after that male we started working on it like crazy and and left what is your long-term Vision so it started with you understand you arrived 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 provide them up front x times times x ARR or times x mrr but 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 way with such companies deliberately right so we withstood the
desire to go and work with financing you understand with any vertical we just work with SAS so our objective is to develop several products for SAS so we begin with financing and it’s great since companies actually depend on us we truly like a partner and we we help them to not simply get funding but work better in a more effective way and through that we’re finding you know chances to broaden you understand in the deal of a SAS product