It can be challenging to select the financing model … Finance Marketing Saas .
Get up to a year of in advance capital immediately, providing you the versatile financing you require to grow your company and scale. We supply the essential financing you require at that moment. Within 24 hours, we assess the financing needed and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the best of
both
you’re right with traditional financing
that’s not actually an option until now
keep your 100 with cap chase we use data
to make financing quicker fairer and more
flexible based on your future
predictable profits and then we cover it
all up with a single transparent cost
so let’s get this celebration began at
There is constantly a moment when a start-up’s founders, senior management team, and leading financing executives evaluate techniques for how to scale the company to the next level and catalog what’s needed to do that effectively. Securing financing at an early stage can accelerate growth and lead to quantifiable and attainable success. Ultimately, financing managers and the strategic planning team have to choose the right funding source to help the company reach its objectives.
that management sets for the company. Weighing the risks and competitive hazards in a balanced and smart way is important as it can decide the future of your business The implications of offering equity, managing irregular capital, interest rate movements, and the need 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 alternatives that put the business interests of start-ups and midsize companies initially, there’s usually a method to determine a solution that’s a great fit. It is essential to examine the various funding options that are offered to a company’s founders, management accounting professionals, and finance officers and what factors to consider they need 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 company of non-dilutive development capital for repeating Profits business basically assisting business grow without quiting that precious Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s fantastic to be here yeah I’m very thrilled to share more amazing I’m delighted to get into your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you consider from what I understood you’re a first time creator very first time founder it’s like you hit a home run out of the park out of the gates I like it man that’s amazing well as soon as they won you understand like it’s never ever the Home Run never like never ever counts up until the video game is over best generally so so so yeah um we are 4 co-founders you understand and it’s amusing due to the fact that we have actually all met through first as pals you know and after that as co-founder so uh there’s three of us that interact at the very same SAS business in in Spain so we all signed up with when it was extremely early I joined as the very first individual in sales and there are 2 people joined us that as product managers basically 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 approximately I went to organization school and I went to service school on the other one went to do a stint in VC with the objective of going to company school later on so when I go to business school I I got into into Harvard and you know I was very thrilled about it my whole goal was to go there to learn more about how to end up being a founder and then hopefully launch something upon graduation and the one that I landed there I was researching already an idea 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 start of the journey and the beginner Journey or the Insight that we had was that hey there are in specific verticals there are a lot of sequential payments you understand and circular payments between business and right now you just need to await that sequence to establish or you understand like there’s nobody simplifying those circular payments so we thought about 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 construction you know you have a lots of celebrations that have to wait for different payments like they’re all associated with one way or another so picture you have a platform and then you have company a post Business B 100 and Business B Home Company c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B zero they would get they would pay absolutely no or receive zero and then company C we get a hundred dollars so when we’re speaking to big companies they all liked it however it was the normal like cold start issue I resemble hey this is excellent when everyone’s in the platform however until then it’s it’s pretty hard to get individuals to do anything so it was everything about hey how do we get more information how can we sort of kick start 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 two conclusions it’s like we either get data through using an Analytics tool a workflow tool or we provide a financing we have a financing and we get the individuals or information provide us information in order to get financing so you know we started doing that like checking out increasingly more and more and then what we require what we saw is that we knew more about sales than anything else we were actually thinking about fintech and particularly in financing 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 found enough stuff we would opt for two more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is funny of using this this SAS business at all so they could extend terms to the clients however constantly get the money up front so we’re fixing the funding payment properties companies have which is they have in advance costs to acquire customers and then they get paid months of the month right so to avoid that money card that every SAS company faces which we dealt with in the past in the previous experience the goal was to provide a tool so they might state to the consumer hey look the cost is 100
annually and if you want to pay regular monthly excellent use capshase you understand um and after that Founders like that they were like hi people this is incredible this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV boosts and I can close sales faster since I’m using flexible payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle generally it’s like a trade-off you understand and after that the next thing they stated resembled hi why do not I do this for all my customer base instead of for each brand-new customer that I get right so why don’t I do this for my 300 clients instead of doing it for the net for the 10 new clients I get months of a month so then we saw what they wanted was to convert their ARR or the client base into upfront financing to be less based on Equity as I said the beginning yeah all right this is what we’re going to start with and then we’re going to discover a lot 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 then man we started dealing with 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 sitting on ARR we know the business’s uh churn we understand 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-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 only method with such companies deliberately right so we resisted the
desire to work and go with funding you understand with any vertical we only deal with SAS so our goal is to develop multiple items for SAS so we begin with funding and it’s excellent due to the fact that business truly rely on us we actually like a partner and we we help them to not just get financing however work better in a more effective way and through that we’re discovering you know opportunities to expand you know in the transaction of a SAS product