It can be challenging to choose the financing model … Ramp Partners .
take advantage of non-dilutive development capital on-demand. Get up to a year of in advance capital right away, giving you the versatile funding you need to grow your organization and scale. Select unpaid billings or recently paid expenditures, and choose payment terms of 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even annual contracts, adjusting to fulfill your needs. We offer the necessary funding you require at that moment. Your money works for you instead of sitting idle. Within 24 hr, we examine the financing needed and deposit it immediately to your account. Our easy-to-use user interface permits you to understand and manage all your accounts and transactions. Access more capital as you scale. We are your partner every action of the way, reducing our rates the longer we work together. Your data allows us to rapidly supply you with the correct amount of capital your organization needs.
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 response how about the best of
you’re right with traditional funding
that’s not truly an option previously
keep your 100 with cap chase we utilize data
to make funding faster fairer and more
versatile based upon your future
predictable profits and then we cover it
all up with a single transparent cost
so let’s get this party began at
There is always a point in time when a start-up’s founders, senior management group, and leading finance executives examine techniques for how to scale the business to the next level and catalog what’s needed to do that successfully. Securing financing at an early stage can speed up growth and lead to attainable and measurable success. Eventually, finance managers and the strategic preparation group need to pick the right financing source to help the business reach its objectives.
that management sets for the company. Weighing the threats and competitive risks in a balanced and intelligent way is important as it can decide the future of your company The implications of offering equity, handling inconsistent capital, rates of interest motions, and the need to make prompt payments to lending institutions are among the elements to think about, simply among others.
That stated, with the increase of new and more advanced financing alternatives that put the business interests of start-ups and midsize business initially, there’s generally a method to determine an option that’s a great fit. It’s important to investigate the different financing choices that are offered to a business’s creators, management accounting professionals, and finance officers and what considerations they need to make for both the long and brief term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for recurring Revenue business basically helping companies grow without giving up that valuable 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 terrific to be here yeah I’m really delighted to share more incredible 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 think about from what I comprehended you’re a very first time founder first time founder it resembles you struck a crowning achievement out of the park out of evictions I enjoy it man that’s fantastic well as quickly as they won you know like it’s never the Home Run never ever like never ever counts up until the video game is over ideal generally so so so yeah um we are 4 co-founders you know and it’s amusing since we have actually all satisfied through first as good friends you understand and then as co-founder so uh there’s three people that collaborate at the same SAS company in in Spain so all of us joined when it was really early I joined as the first individual in sales and there are 2 individuals joined us that as product supervisors basically and we see the company from zero 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 organization 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 service school I I got into into Harvard and you understand I was very thrilled about it my entire objective was to go there to read more about how to end up being a creator and then ideally introduce something upon graduation and the one that I landed there I was investigating already a concept with among these co-founders and it was genuine concept it had absolutely nothing to do or very little to do with what we’re doing now but you know that was the start of the novice and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you understand and circular payments in between business and right now you just have to wait for that series to develop or you understand like there’s nobody streamlining those circular payments so we thought about hello why do not we do something comparable to like a split smart or companies in verticals such as you know fried or Logistics or building you know you have a ton of parties that have to wait on different payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B House Business c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or get absolutely no and then company C we get a hundred dollars so when we’re talking to large business they all enjoyed it but it was the normal like cold start issue I’m like hey this is excellent when everybody’s in the platform but up until then it’s it’s pretty difficult to get people to do anything so it was all about hi how do we get more data how can we type of kick start this platform um without utilizing the platform to start with so it was all about getting more data and to get more data we got to 2 conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we offer a funding we have a funding and we get the information or people provide us information 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 truly thinking about fintech and particularly in funding 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 choose 2 more weeks if we didn’t would suffice 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 could extend terms to the customers however always get the cash in advance so we’re fixing the funding payment assets business have which is they have in advance expenses to get clients and then they earn money months of the month right so to prevent that money card that every SAS company deals with which we faced in the past in the previous experience the goal was to give them a tool so they could state to the client hey look the price is 100
each year and if you wish to pay month-to-month terrific use capshase you know um and after that Founders love that they resembled hey guys 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 since I’m offering flexible 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 know and after that the next thing they said was like hey why don’t I do this for all my customer base instead of for each new client that I solve so why do not I do this for my 300 clients instead of doing it for the internet for the 10 new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the client base into upfront financing to be less based on Equity as I stated the beginning yeah alright this is what we’re going to begin with and then we’re going to find out so much so we’re gon na do the rest afterwards which’s when the 4th co-founder joined who has a pal at HBS and then guy we started working on it like crazy and and dropped out what is your long-lasting Vision so it began with you know you landed on this hate you if you’re sitting 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 provide them in advance x times times x ARR or times x mrr but 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 business intentionally right so we resisted the
urge to work and go with funding you know with any vertical we just deal with SAS so our goal is to establish several items for SAS so we start with financing and it’s terrific since companies actually count on us we truly like a partner and we we help them to not simply get funding but work much better in a more effective way and through that we’re discovering you understand chances to expand you understand in the deal of a SAS product