It can be challenging to select the financing model … Pipe Financial .
Receive up to a year of in advance capital immediately, providing you the versatile funding you require to grow your company and scale. We offer the essential funding you need at that moment. Within 24 hours, we evaluate the funding required and deposit it quickly to your account.
Capchase deals with these users and organization types: Mid Size Business, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the best of
you’re right with traditional funding
that’s not actually a choice until now
keep your 100 with cap chase we use data
to make financing much faster fairer and more
versatile based upon your future
predictable income and then we cover it
all up with a single transparent fee
so let’s get this celebration started at
There is always a point in time when a start-up’s founders, senior management team, and leading finance executives evaluate techniques for how to scale the company to the next level and catalog what’s needed to do that successfully. Protecting funding at an early stage can speed up development and lead to measurable and achievable success. Ultimately, financing managers and the tactical preparation team have to choose the right financing source to help the business reach its goals.
that management sets for the company. Weighing the dangers and competitive risks in a intelligent and well balanced method is important as it can decide the future of your business The implications of selling equity, handling inconsistent capital, rate of interest motions, and the requirement to make timely payments to loan providers are among the elements to consider, simply to name a few.
That stated, with the increase of new and more sophisticated funding alternatives that put the business interests of start-ups and midsize business initially, there’s usually a way to figure out an option that’s a great fit. It is very important to examine the various funding alternatives 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 long and short 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 recurring Revenue business generally assisting companies grow without giving up that precious 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 excellent to be here yeah I’m extremely excited to share more awesome I’m excited 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 consider from what I understood you’re a first time creator very first time founder it’s like you struck a crowning achievement out of the park out of evictions I enjoy it man that’s fantastic well as soon as they won you understand like it’s never the Crowning achievement never ever like never counts up until the video game is over right basically so so so yeah um we are four co-founders you understand and it’s amusing due to the fact that 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 company in in Spain so we all signed up with when it was very early I joined as the very first person in sales and there are 2 individuals joined us that as item supervisors essentially and we see the company from absolutely 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 organization school on the other one went to do a stint in VC with the goal of going to service school later on so when I go to business school I I got into into Harvard and you understand I was extremely excited about it my entire objective was to go there to get more information about how to end up being a founder and after that ideally launch something upon graduation and the one that I landed there I was looking into already a concept with one of these co-founders and it was genuine idea it had absolutely nothing to do or really little to do with what we’re doing now however 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 great deal of consecutive payments you understand and circular payments between business and today you just need to wait on that series to develop or you understand like there’s no one simplifying those circular payments so we thought about hello why do not we do something similar to like a split smart or business in verticals such as you understand fried or Logistics or construction you understand you have a lots 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 Business c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay no or get zero and after that company C we get a hundred dollars so when we’re talking with large business they all liked it however it was the normal like cold start issue I’m like hey this is fantastic when everyone remains in the platform however until then it’s it’s quite tough to get people to do anything so it was all about hi how do we get more information how can we type of kick start 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 2 conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we provide a financing we have a funding and we get the information or individuals provide us information in order to get funding so you know we began doing that like exploring 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 really 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 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 providing this this SAS companies at all so they might extend terms to the customers but always get the cash up front so we’re fixing the funding payment properties companies have which is they have upfront costs to obtain consumers and then they get paid months of the month right so to avoid that cash card that every SAS company faces which we faced in the past in the previous experience the goal was to give them a tool so they could state to the customer hi look the cost is 100
per year and if you wish to pay month-to-month great use capshase you know um and then Founders enjoy that they were like hi men this is fantastic this is the Holy Grail of SAS because I have to do discounts so my ACV boosts and I can close sales faster because I’m offering versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle generally it resembles a trade-off you understand and then the next thing they said was like hey why do not I do this for all my client base instead of for every single new client 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 customers I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into upfront financing to be less depending on Equity as I stated the starting 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 later on and that’s when the fourth co-founder joined who has a buddy at HBS and then man we started dealing with it like crazy and and left what is your long-term Vision so it started with you understand you arrived on this hate you if you’re resting on ARR we know the company’s uh churn we understand the business’s retention gross margins And so on so I can take their ARR and provide 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 companies right like we just method with such companies deliberately right so we resisted the
desire to go and work with funding you understand with any vertical we just work with SAS so our goal is to establish multiple products for SAS so we begin with financing and it’s excellent due to the fact that business actually count on us we truly like a partner and we we help them to not just get financing however work much better in a more effective method and through that we’re discovering you understand opportunities to expand you understand in the deal of a SAS item