It can be challenging to pick the financing model … Revenue-based Financing Accounting Treatment .
take advantage of non-dilutive development capital on-demand. Receive up to a year of in advance capital immediately, providing you the versatile financing you require to grow your business and scale. Select overdue billings or just recently paid costs, and choose repayment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adjusting to meet your demands. We offer the essential funding you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the funding needed and deposit it immediately to your account. Our easy-to-use interface permits you to understand and handle all your accounts and deals. Access more capital as you scale. We are your partner every action of the method, decreasing our rates the longer we work together. Your data enables us to quickly offer you with the correct amount of capital your organization requirements.
Capchase works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the very best of
you’re right with conventional funding
that’s not really an alternative until now
keep your 100 with cap chase we utilize data
to make financing faster fairer and more
versatile based on your future
predictable profits and after that we wrap it
all up with a single transparent fee
Let’s get this party began at
There is constantly a moment when a start-up’s creators, senior management group, and top financing executives assess 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 accelerate growth and cause attainable and quantifiable success. Eventually, finance managers and the strategic planning team need to choose the right financing source to help the company reach its goals.
that management sets for the organization. Weighing the threats and competitive dangers in a well balanced and intelligent method is essential as it can choose the future of your business The implications of offering equity, handling irregular cash flow, rate of interest movements, and the need to make prompt payments to loan providers are amongst the aspects to consider, just to name a few.
That said, with the increase of brand-new and more sophisticated financing options that put the business interests of start-ups and midsize business initially, there’s usually a method to determine a service that’s a great fit. It is very important to examine the various funding choices that are offered to a business’s creators, management accountants, and finance officers and what factors to consider they require to make for both the long and short 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 development capital for repeating Revenue business generally helping companies grow without quiting that valuable 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 terrific to be here yeah I’m very delighted to share more amazing I’m delighted to get into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you consider from what I comprehended you’re a very first time founder first time founder it resembles you hit a crowning achievement out of the park out of evictions I enjoy it man that’s amazing well as quickly as they won you know like it’s never ever the Crowning achievement never ever like never counts till the game is over best basically so so so yeah um we are 4 co-founders you understand and it’s funny because we’ve all fulfilled through first as pals you know and then as co-founder so uh there’s 3 of us that collaborate at the very same SAS company in in Spain so we all joined when it was very early I joined as the very first person in sales and there are two individuals joined us that as product managers generally and we see the business from zero to a couple of million err over three years and after that we left um at the same time roughly 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 company school later on so when I go to service school I I got into into Harvard and you understand I was extremely thrilled about it my whole goal was to go there to learn more about how to become a creator and then ideally launch something upon graduation and the one that I landed there I was looking into already an idea with one of these co-founders and it was authentic idea it had absolutely nothing to do or extremely little to do with what we’re doing now however you know that was the beginning of the journey and the novice Journey or the Insight that we had was that hey there are in certain verticals there are a lot of sequential payments you understand and circular payments in between business and right now you just have to wait on that sequence to develop or you know like there’s nobody simplifying those circular payments so we considered hello why do not we do something similar to like a split smart or business in verticals such as you know fried or Logistics or construction you know you have a lots of parties that need to wait on various payments like they’re all associated with one way or another so envision you have a platform and then you have company a post Business B 100 and Company B Home Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Business B zero they would get they would pay zero or get absolutely no and after that business C we get a hundred dollars so when we’re talking to large business they all loved it but it was the typical like cold start problem I’m like hey this is terrific when everybody’s in the platform however up until then it’s it’s pretty tough to get people to do anything so it was all about hi how do we get more information how can we sort of kick start this platform um without utilizing the platform to start with so it was everything about getting more data and to get more information we got to 2 conclusions it resembles we either get data through using an Analytics tool a workflow tool or we offer a financing we have a financing and we get the people or information provide us information in order to get funding so you know we started doing that like exploring more and more and more and after that what we need what we saw is that we knew more about sales than anything else we were truly thinking about fintech and specifically in funding and you understand like we would look at different modes different verticals and so on for two weeks at a time if we discovered enough things we would choose 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you understand which is amusing of offering this this SAS companies at all so they could extend terms to the customers however constantly get the cash up front so we’re solving the financing payment possessions companies have which is they have in advance expenses to get customers and after that they get paid months of the month right so to prevent that money card that every SAS business deals with and that we faced in the past in the previous experience the goal was to provide a tool so they might say to the customer hi look the rate is 100
each year and if you want to pay regular monthly terrific use capshase you know um and after that Founders enjoy that they resembled hi guys this is fantastic this is the Holy Grail of SAS due to the fact that I need to do discount rates so my ACV boosts and I can close sales much faster since I’m providing flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle generally it’s like a compromise you know and then the next thing they stated was like hi why don’t I do this for all my customer base instead of for every brand-new consumer that I get right so why do not 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 desired was to convert their ARR or the customer base into upfront financing to be less dependent on Equity as I said the starting yeah all right this is what we’re going to begin with and then we’re going to find out a lot so we’re gon na do the rest afterwards which’s when the 4th co-founder joined who has a good friend at HBS and after that man we began dealing with it like crazy and and dropped out what is your long-lasting Vision so it began with you know you arrived on this hate you if you’re sitting on ARR we understand the business’s uh churn we know the company’s retention gross margins Etc 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 just method with such business intentionally right so we withstood the
desire to work and go with funding you know with any vertical we only work with SAS so our goal is to establish numerous items for SAS so we start with financing and it’s excellent since companies really count on us we actually like a partner and we we help them to not simply get funding however work better in a more efficient way and through that we’re finding you understand chances to expand you understand in the transaction of a SAS product