It can be challenging to pick the funding model … Growth Stage Venture Capital .
Get up to a year of upfront capital instantly, providing you the versatile financing you require to grow your service and scale. We offer the necessary funding you require at that moment. Within 24 hours, we assess the financing required and deposit it immediately to your account.
Capchase deals with these users and organization types: Mid Size Company, Small Business, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the best of
you’re right with conventional financing
that’s not really an alternative until now
keep your 100 with cap chase we use information
to make funding faster fairer and more
versatile based on your future
predictable revenue and then we cover it
all up with a single transparent fee
Let’s get this party started at
There is always a time when a start-up’s founders, senior management group, and top financing executives assess techniques for how to scale the company to the next level and brochure what’s required to do that successfully. Securing funding at an early stage can speed up growth and cause measurable and attainable success. Ultimately, finance supervisors and the strategic preparation group have to decide on the right funding source to assist the business reach its objectives.
that management sets for the company. Weighing the dangers and competitive risks in a intelligent and balanced method is vital as it can choose the future of your business The ramifications of selling equity, managing inconsistent capital, rate of interest movements, and the requirement to make prompt payments to loan providers are among the aspects to consider, just among others.
That stated, with the rise of brand-new and more sophisticated funding alternatives that put the business interests of start-ups and midsize business first, there’s usually a method to find out a service that’s a great fit. It is essential to investigate the different funding choices that are offered to a business’s creators, management accountants, and finance officers and what factors to consider they require to produce both the short and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for repeating Income companies essentially assisting 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 so much for having me it’s great to be here yeah I’m really excited to share more awesome 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 comprehended you’re a very first time founder first time creator it’s like you struck a crowning achievement out of the park out of the gates I love it man that’s remarkable well as quickly as they won you know like it’s never ever the Home Run never like never ever counts until the video game is over best basically 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 initially as pals you know and after that as co-founder so uh there’s 3 of us that work together at the exact same SAS business in in Spain so all of us joined when it was really early I signed up with as the very first person in sales and there are two people joined us that as product managers basically and we see the business from absolutely no to a few million err over 3 years and after that we left um at the same time approximately I went to service 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 afterwards so when I go to service school I I got into into Harvard and you know I was really excited about it my whole objective was to go there to find out more about how to become a founder and then hopefully launch something upon graduation and the one that I landed there I was researching already a concept with one of 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 journey and the beginner Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of sequential payments you understand and circular payments between business and right now you simply have to wait on that series to establish or you understand like there’s nobody streamlining those circular payments so we thought about hi why do not we do something similar to like a split smart or business in verticals such as you know fried or Logistics or building you know you have a lots of parties that have to wait for various payments like they’re all involved in one way or another so envision you have a platform and after that you have company a post Company 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 Company B no they would get they would pay no or get absolutely no and then company C we get a hundred dollars so when we’re talking with big companies they all liked it but it was the common like cold start problem I’m like hey this is fantastic when everyone remains in the platform but until then it’s it’s quite hard to get people to do anything so it was all about hello how do we get more information how can we sort of begin this platform um without using the platform to start with so it was all about getting more data and to get more data we got to 2 conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we provide a financing we have a funding and we get the individuals or data provide us data 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 truly thinking about fintech and particularly in funding and you understand like we would look at various modes various verticals and so on for two weeks at a time if we found 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 understand which is funny of using this this SAS companies at all so they could extend terms to the consumers however always get the money up front so we’re resolving the funding payment possessions business have which is they have upfront expenses to obtain clients and after that they make money months of the month right so to prevent that cash card that every SAS business deals with and that 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 rate is 100
per year and if you wish to pay regular monthly excellent use capshase you know um and after that Founders like that they were like hello guys this is incredible this is the Holy Grail of SAS since I need to do discounts so my ACV increases and I can close sales quicker since I’m using versatile payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle typically it’s like a compromise you understand and then the next thing they stated resembled hey why don’t I do this for all my client base instead of for every single new customer that I get right so why do not I do this for my 300 clients instead of doing it for the web for the 10 new customers I get months of a month so then we saw what they desired was to transform their ARR or the client base into upfront financing to be less dependent on Equity as I stated the beginning yeah fine this is what we’re going to start with and then we’re going to learn so much so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a buddy at HBS and then man we started working on it like crazy and and dropped out what is your long-lasting Vision so it started with you know you landed on this hate you if you’re sitting on ARR we understand the company’s uh churn we know the company’s retention gross margins Etc so I can take their ARR and provide them in advance 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 only way with such business intentionally right so we withstood the
urge to go and work with funding you know with any vertical we just work with SAS so our goal is to establish numerous items for SAS so we start with funding and it’s excellent due to the fact that business really count on us we truly like a partner and we we help them to not simply get funding however work better in a more effective way and through that we’re finding you understand opportunities to broaden you know in the deal of a SAS product