It can be challenging to select the funding model … Luni Libes Revenue Based Financing .
take advantage of non-dilutive growth capital on-demand. Get up to a year of in advance capital instantly, providing you the flexible funding you require to grow your service and scale. Select overdue billings or just recently paid costs, and pick repayment terms of 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adapting to meet your needs. We offer the needed funding you need at that moment. Your cash works for you rather than sitting idle. Within 24 hours, we examine the funding required and deposit it quickly to your account. Our easy-to-use interface permits you to comprehend and manage all your accounts and deals. Access more capital as you scale. We are your partner every action of the way, minimizing our rates the longer we interact. Your data allows us to rapidly provide you with the right amount of capital your business needs.
Capchase works with these users and company types: Mid Size Business, Small Company, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the best of
you’re right with standard funding
that’s not actually a choice previously
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based upon your future
predictable earnings and then we wrap it
all up with a single transparent fee
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 brochure what’s required to do that effectively. Securing funding at an early stage can speed up development and cause quantifiable and achievable success. Eventually, financing supervisors and the strategic preparation team need to decide on the right funding source to assist the company reach its objectives.
that management sets for the organization. Weighing the threats and competitive hazards in a well balanced and intelligent way is crucial as it can decide the future of your business The implications of selling equity, managing inconsistent cash flow, interest rate motions, and the need to make timely payments to lenders are amongst the elements to consider, simply to name a few.
That said, with the increase of brand-new and more sophisticated funding choices that put the business interests of start-ups and midsize business initially, there’s typically a way to figure out an option that’s a great fit. It is necessary to investigate the different funding alternatives that are offered to a company’s founders, management accountants, and finance officers and what factors to consider they require to produce both the long and brief term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for recurring Revenue companies basically helping business grow without quiting that valuable Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s terrific to be here yeah I’m really 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 understood you’re a very first time founder first time creator it resembles you hit a home run out of the park out of the gates I enjoy it man that’s remarkable well as soon as they won you understand like it’s never the Crowning achievement never ever like never ever counts until the game is over right basically so so so yeah um we are four co-founders you understand and it’s amusing since we’ve all met through initially as friends you know and after that as co-founder so uh there’s three people that collaborate at the very same SAS company in in Spain so we all joined when it was very early I signed up with as the first individual in sales and there are 2 individuals joined us that as product supervisors generally and we see the company from no to a couple of million err over 3 years and then we left um at the same time approximately I went to organization school and I went to company school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to company school I I got into into Harvard and you know I was very delighted about it my whole goal was to go there to find out more about how to end up being a creator and after that hopefully launch something upon graduation and the one that I landed there I was investigating already an idea 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 beginning of the novice and the journey Journey or the Insight that we had was that hey there are in specific verticals there are a lot of consecutive payments you know and circular payments in between business and today you simply have to await that sequence to establish or you understand like there’s nobody streamlining those circular payments so we thought of hi why don’t we do something similar to like a split wise or business in verticals such as you know fried or Logistics or construction you understand 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 then you have company a post Company B 100 and Business B House Company c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay absolutely no or get no and after that business C we get a hundred dollars so when we’re talking with big business they all enjoyed it but it was the normal like cold start problem I resemble hey this is excellent when everybody remains in the platform however up until then it’s it’s quite difficult to get people to do anything so it was all about hey how do we get more data how can we kind 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 information we got to 2 conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we offer a financing we have a funding and we get the individuals or information provide us information in order to get funding so you understand we started doing that like exploring a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were truly interested in fintech and specifically in funding and you understand like we would take a look at different modes different verticals and so on for two weeks at a time if we discovered enough things we would go for two more weeks if we didn’t would cut it and then in January 2020 we had the the concept you know which is funny of using this this SAS companies at all so they could extend terms to the consumers but constantly get the cash in advance so we’re solving the financing payment properties business have which is they have upfront costs to get consumers and after that they earn money months of the month right so to avoid that cash card that every SAS company deals with and that we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the consumer hey look the rate is 100
annually and if you want to pay regular monthly excellent use capshase you understand um and after that Creators love that they were like hello people this is amazing this is the Holy Grail of SAS because I need to do discount rates so my ACV boosts and I can close sales much faster due to the fact that I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle normally it resembles a trade-off you know and after that the next thing they said resembled hello why don’t I do this for all my customer base instead of for every single new customer that I get right so why don’t I do this for my 300 customers instead of doing it for the internet for the 10 brand-new clients 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 based on Equity as I said the beginning yeah all right this is what we’re going to begin with and after that we’re going to learn a lot so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a friend at HBS and then male we began working on it like crazy and and dropped out what is your long-lasting 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 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-term 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 method with such companies intentionally right so we resisted the
urge to go and work with financing you know with any vertical we only work with SAS so our goal is to establish several products for SAS so we begin with financing and it’s excellent because business actually depend on us we really like a partner and we we help them to not simply get financing however work better in a more efficient way and through that we’re discovering you understand opportunities to expand you understand in the transaction of a SAS item