It can be challenging to select the financing model … Jose Capchase Tafur Guevara .
Get up to a year of upfront capital immediately, offering you the versatile financing you require to grow your service and scale. We offer the essential funding you require at that minute. Within 24 hours, we assess the funding required and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Business, Small Company, Business, 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 response how about the very best of
both
you’re right with conventional financing
that’s not actually an alternative until now
keep your 100 with cap chase we use information
to make financing quicker fairer and more
versatile based on your future
predictable revenue and after that we cover it
all up with a single transparent charge
so let’s get this celebration started at
There is constantly a point in time when a start-up’s founders, senior management group, and top financing executives assess strategies for how to scale the business to the next level and brochure what’s needed to do that effectively. Protecting financing at an early stage can accelerate development and result in attainable and measurable success. Eventually, financing supervisors and the strategic planning team have to choose the right funding source to assist the company reach its goals.
that management sets for the company. Weighing the risks and competitive hazards in a well balanced and intelligent way is important as it can decide the future of your business The implications of offering equity, managing inconsistent cash flow, interest rate motions, and the requirement to make prompt payments to lending institutions are among the elements to think about, just among others.
That stated, with the rise of brand-new and more sophisticated financing options that put business interests of start-ups and midsize companies initially, there’s normally a way to figure out an option that’s a great fit. It’s important to examine the different financing alternatives that are available to a business’s founders, management accounting professionals, and financing officers and what factors to consider they require to produce both the long and short term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive development capital for repeating Earnings 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 a lot for having me it’s great to be here yeah I’m extremely delighted to share more incredible I’m thrilled to enter your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you think about from what I comprehended you’re a first time creator first time founder it resembles you struck a crowning achievement out of the park out of the gates I like it man that’s incredible well as quickly as they won you know like it’s never the Home Run never like never counts until the video game is over best essentially so so so yeah um we are four co-founders you know and it’s funny because we’ve all satisfied through initially as friends you understand and after that as co-founder so uh there’s 3 people that work together at the exact same SAS company in in Spain so we all signed up with when it was extremely early I signed up with as the very first person in sales and there are 2 people joined us that as product supervisors generally and we see the business from absolutely no 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 organization school on the other one went to do a stint in VC with the objective of going to organization school afterwards so when I go to company school I I entered into Harvard and you know I was really thrilled about it my whole goal was to go there to learn more about how to become a founder and after that hopefully launch something upon graduation and the one that I landed there I was researching currently a concept with among these co-founders and it was genuine concept it had 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 novice Journey or the Insight that we had was that hey there remain in certain verticals there are a great deal of consecutive payments you understand and circular payments in between companies and today you just need to wait on that sequence to establish or you understand like there’s nobody simplifying those circular payments so we considered hello why don’t we do something comparable to like a split smart or companies in verticals such as you understand fried or Logistics or building you understand you have a ton of parties that need to await 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 House 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 absolutely no they would get they would pay absolutely no or receive absolutely no and after that company C we get a hundred dollars so when we’re talking to large business they all loved it but it was the normal like cold start issue I’m like hey this is terrific when everyone’s in the platform however until then it’s it’s pretty difficult to get people to do anything so it was everything about hello how do we get more data how can we kind of begin this platform um without using the platform to start with so it was all about getting more information and to get more information we got to two conclusions it resembles we either get data through providing an Analytics tool a workflow tool or we provide a funding we have a financing and we get the information or individuals offer us data in order to get financing so you understand we started doing that like exploring 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 really thinking about fintech and particularly in financing and you understand like we would look at various modes various verticals and so on for two weeks at a time if we discovered enough things we would opt for two more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of offering this this SAS companies at all so they might extend terms to the customers however always get the money up front so we’re solving the financing payment assets business have which is they have upfront expenses to obtain clients and after that they make money months of the month right so to avoid that money card that every SAS company deals with which we faced in the past in the previous experience the objective was to give them a tool so they could say to the client hi look the cost is 100
annually and if you want to pay monthly fantastic usage capshase you know um and after that Founders like that they were like hi people this is remarkable this is the Holy Grail of SAS due to the fact that I need to do discount rates so my ACV increases and I can close sales much faster due to the fact that I’m providing flexible payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle generally it resembles a compromise you know and after that the next thing they stated resembled hey why do not I do this for all my customer base instead of for each new client that I solve so why don’t I do this for my 300 consumers instead of doing it for the web for the 10 brand-new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the consumer base into in advance financing to be less dependent on Equity as I stated the beginning yeah all right 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 afterwards and that’s when the 4th co-founder joined who has a pal at HBS and then male we started dealing with it like crazy and and dropped out what is your long-term Vision so it began with you understand you arrived at this hate you if you’re resting on ARR we understand the business’s uh churn we understand the business’s retention gross margins And so on 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 business so for us it’s it’s it’s or it’s all around SAS business right like we only method with such companies intentionally right so we withstood the
urge to go and work with financing you know with any vertical we just deal with SAS so our objective is to develop multiple products for SAS so we begin with funding and it’s great due to the fact that business actually depend on us we truly like a partner and we we help them to not just get financing but work better in a more effective way and through that we’re discovering you understand opportunities to expand you know in the deal of a SAS product