It can be challenging to pick the funding model … Customer Funding .
take advantage of non-dilutive growth capital on-demand. Receive as much as a year of in advance capital right away, providing you the flexible funding you require to grow your organization and scale. Select overdue invoices or just recently paid expenditures, and choose repayment regards to 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly contracts, adapting to fulfill your needs. We offer the essential financing you require at that moment. Your money works for you rather than sitting idle. Within 24 hr, we examine the funding needed and deposit it instantly to your account. Our user friendly user interface enables you to comprehend and handle all your transactions and accounts. Access more capital as you scale. We are your partner every step of the way, reducing our rates the longer we work together. Your information allows us to quickly provide you with the right amount of capital your business requirements.
Capchase deals with these users and organization types: Mid Size Service, Small Company, Enterprise, 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 conventional funding
that’s not actually an option until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based on your future
predictable revenue 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 moment when a start-up’s creators, senior management team, and leading finance executives evaluate strategies for how to scale the company to the next level and catalog what’s required to do that effectively. Protecting funding at an early stage can accelerate development and lead to quantifiable and attainable success. Eventually, finance managers and the strategic planning team have to choose the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the dangers and competitive risks in a balanced and intelligent way is crucial as it can decide the future of your company The implications of selling equity, handling irregular capital, interest rate movements, and the requirement to make prompt payments to lenders are among the aspects to think about, just to name a few.
That stated, with the rise of new and more advanced financing options that put the business interests of start-ups and midsize companies first, there’s usually a method to figure out a solution that’s an excellent fit. It is essential to examine the different funding options that are offered to a business’s creators, management accountants, 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 delighted to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive growth capital for repeating Revenue business basically assisting companies grow without giving up that valuable Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m very thrilled 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 understood you’re a first time creator very first time founder it resembles you hit a crowning achievement out of the park out of evictions I like it man that’s amazing well as quickly as they won you know like it’s never ever the Home Run never ever like never counts until the game is over ideal generally so so so yeah um we are 4 co-founders you know and it’s funny because we’ve all fulfilled through first as pals you understand and after that as co-founder so uh there’s three people that collaborate at the exact same SAS business in in Spain so we all joined when it was really early I joined as the first individual in sales and there are 2 individuals joined us that as item supervisors essentially and we see the business from zero to a couple of million err over 3 years and then we left um at the same time roughly I went to company school and I went to service school on the other one went to do a stint in VC with the objective of going to business school later on so when I go to organization school I I entered into into Harvard and you understand I was extremely delighted about it my entire objective was to go there to read more about how to end up being a creator and after that hopefully introduce something upon graduation and the one that I landed there I was researching currently an idea with one of these co-founders and it was authentic idea it had absolutely nothing to do or very little to do with what we’re doing now but you understand that was the beginning of the journey and the novice Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you know and circular payments in between companies and right now you simply need to wait for that sequence to develop or you understand like there’s no one simplifying those circular payments so we considered hi why don’t we do something comparable to like a split sensible or business in verticals such as you know fried or Logistics or building and construction you know you have a ton of celebrations that need to wait for 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 Company B 100 and Company B House Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or get no and after that business C we get a hundred dollars so when we’re speaking to large business they all liked it but it was the common like cold start issue I resemble hey this is excellent when everybody remains in the platform but up until then it’s it’s pretty hard to get people to do anything so it was everything about hello how do we get more data how can we type of kick start this platform um without utilizing the platform to start with so it was all about getting more information and to get more data we got to 2 conclusions it’s like we either get data through using an Analytics tool a workflow tool or we offer a funding we have a financing and we get the information or people offer us data in order to get funding so you know we began doing that like checking out a growing number of and more and then what we need what we saw is that we understood more about sales than anything else we were truly thinking about fintech and specifically in financing and you know like we would look at different modes different verticals and so on for two weeks at a time if we discovered enough stuff we would choose two 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 using this this SAS companies at all so they might extend terms to the consumers but constantly get the money up front so we’re resolving the funding payment assets companies have which is they have upfront expenses to obtain consumers and after that they get paid months of the month right so to prevent that money card that every SAS company deals with which we faced in the past in the previous experience the goal was to give them a tool so they might state to the customer hey look the cost is 100
per year and if you want to pay month-to-month excellent use capshase you understand um and after that Founders like that they resembled hello guys this is remarkable this is the Holy Grail of SAS because I have to do discount rates so my ACV increases and I can close sales quicker since I’m using flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle usually it’s like a compromise you understand and then the next thing they said was like hello why don’t I do this for all my consumer base instead of for each brand-new client that I get right so why don’t I do this for my 300 consumers 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 client base into in advance funding to be less depending on Equity as I stated the starting yeah okay this is what we’re going to start with and after that we’re going to learn so much 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 then man we began working on it like crazy and and dropped out what is your long-term Vision so it started with you understand you arrived at this hate you if you’re resting on ARR we know the business’s uh churn we know the business’s retention gross margins Etc so I can take their ARR and lend them up front 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 companies right like we only way with such business intentionally right so we resisted the
desire to work and go with financing you know with any vertical we only work with SAS so our objective is to establish several products for SAS so we begin with funding and it’s great because companies actually depend on us we really 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 discovering you know chances to broaden you know in the deal of a SAS product