It can be challenging to pick the funding model … Clearco Series Softbank Fundkokalitchevaaxios .
tap into non-dilutive growth capital on-demand. Receive as much as a year of upfront capital immediately, offering you the versatile financing you need to grow your service and scale. Select unsettled billings or just recently paid expenses, and pick repayment regards to 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even yearly contracts, adapting to satisfy your needs. We provide the needed financing you need at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we evaluate the funding needed and deposit it instantly to your account. Our user friendly user interface enables you to understand and handle all your transactions and accounts. Gain access to more capital as you scale. We are your partner every action of the way, lowering our rates the longer we work together. Your data enables us to rapidly provide you with the right amount of capital your business requirements.
Capchase deals with these users and organization types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
both
you’re right with standard financing
that’s not truly an alternative until now
keep your 100 with cap chase we use information
to make financing faster fairer and more
flexible based upon your future
predictable revenue and then we wrap it
all up with a single transparent cost
Let’s get this celebration began at
There is always a time when a start-up’s founders, senior management team, and leading finance executives evaluate methods for how to scale the business to the next level and catalog what’s required to do that successfully. Protecting financing at an early stage can accelerate development and lead to achievable and measurable success. Ultimately, finance managers and the strategic planning team need to choose the right funding source to assist the business reach its goals.
that management sets for the company. Weighing the threats and competitive hazards in a balanced and intelligent way is vital as it can choose the future of your business The ramifications of offering equity, managing irregular cash flow, rate of interest movements, and the requirement to make timely payments to lenders are amongst the aspects to consider, simply to name a few.
That stated, with the rise of new and more advanced financing choices that put business interests of start-ups and midsize business initially, there’s generally a method to find out an option that’s a great fit. It’s important to investigate the different funding alternatives that are readily available 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 delighted to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive growth capital for repeating Profits business generally helping companies grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m very excited to share more awesome 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 comprehended you’re a first time founder first time founder it’s like you struck a home run out of the park out of the gates I enjoy it man that’s fantastic well as soon as they won you understand like it’s never ever the Home Run never ever like never ever 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 since we have actually all satisfied through first as friends you understand and after that as co-founder so uh there’s three people that collaborate at the same SAS business in in Spain so all of us joined when it was really early I joined as the first individual in sales and there are two people joined us that as product managers generally and we see the company from zero to a couple of million err over three years and after that we left um at the same time roughly I went to service school and I went to business school on the other one went to do a stint in VC with the goal of going to company school afterwards so when I go to service school I I entered into Harvard and you understand I was very thrilled about it my entire objective was to go there to get more information about how to become a founder and after that hopefully release something upon graduation and the one that I landed there I was researching already a concept with among these co-founders and it was authentic idea it had nothing to do or very little to do with what we’re doing now however you understand that was the start 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 know and circular payments between companies and right now you just have to wait on that series to establish or you know like there’s no one simplifying those circular payments so we thought of hello why don’t we do something similar to like a split smart or business in verticals such as you know fried or Logistics or building and construction you know you have a lots of parties that need to wait on different payments like they’re all involved in one way or another so picture you have a platform and then you have company a post Business B 100 and Company B Home Company 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 no they would get they would pay no or get no and then business C we get a hundred dollars so when we’re speaking with big business they all liked it but it was the normal like cold start problem I’m like hey this is fantastic when everybody’s in the platform however up until then it’s it’s quite difficult to get individuals to do anything so it was everything about hello how do we get more information how can we sort of kick start this platform um without utilizing 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 providing an Analytics tool a workflow tool or we provide a financing we have a financing and we get the people or data offer us information in order to get funding so you understand we began doing that like checking out 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 thinking about fintech and specifically in funding and you know like we would take a look at various modes different verticals and so on for 2 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 concept you know which is funny of providing this this SAS business at all so they might extend terms to the clients but always get the cash in advance so we’re fixing the financing payment assets business have which is they have upfront expenses to obtain customers and then they make money months of the month right so to prevent that money card that every SAS business deals with and that we dealt with in the past in the previous experience the objective was to provide a tool so they could say to the consumer hi look the rate is 100
each year and if you wish to pay month-to-month great usage capshase you know um and after that Creators enjoy that they resembled hello people this is fantastic this is the Holy Grail of SAS since I need to do discount rates so my ACV boosts and I can close sales much faster since I’m providing flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle usually it resembles a compromise you understand and then the next thing they stated resembled hey why do not I do this for all my client base instead of for every new customer that I get right so why don’t I do this for my 300 clients instead of doing it for the web 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 client base into in advance financing to be less depending on Equity as I said the starting yeah fine this is what we’re going to start with and then we’re going to find out so much so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a good friend at HBS and then male we started dealing with it like crazy and and dropped out what is your long-term Vision so it started with you know you arrived at this hate you if you’re sitting on ARR we understand the company’s uh churn we know 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 business 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 withstood the
urge to work and go with funding you know with any vertical we just work with SAS so our objective is to develop several items for SAS so we begin with funding and it’s fantastic because business really depend on us we truly like a partner and we we help them to not just get funding however work much better in a more efficient method and through that we’re discovering you know chances to broaden you understand in the deal of a SAS product