It can be challenging to choose the financing model … Revenue Based Financing Book .
tap into non-dilutive development capital on-demand. Receive up to a year of upfront capital immediately, providing you the versatile financing you need to grow your company and scale. Select unsettled invoices or just 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 agreements, adapting to meet your demands. We provide the required funding you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we assess the financing required and deposit it instantly to your account. Our easy-to-use user interface enables you to understand and manage all your accounts and transactions. Access more capital as you scale. We are your partner every step of the method, lowering our rates the longer we work together. Your data allows us to quickly offer you with the correct amount of capital your service needs.
Capchase works with these users and organization types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the best of
both
you’re right with traditional financing
that’s not truly a choice until now
keep your 100 with cap chase we use data
to make financing quicker fairer and more
flexible based upon your future
foreseeable revenue and then we wrap it
all up with a single transparent fee
Let’s get this party started at
There is constantly a moment when a start-up’s creators, senior management group, and top finance executives evaluate methods 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 growth and cause achievable and measurable success. Eventually, financing supervisors and the tactical preparation group need to pick the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the dangers and competitive threats in a well balanced and smart way is essential as it can decide the future of your business The implications of offering equity, managing inconsistent capital, interest rate motions, and the need to make timely payments to lending institutions are amongst the elements to consider, simply among others.
That stated, with the increase of new and more sophisticated funding options that put the business interests of start-ups and midsize business initially, there’s typically a method to figure out a service that’s a good fit. It is very important to examine the various financing options that are offered to a company’s founders, management accountants, and financing officers and what considerations they need 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 companies essentially helping business 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 extremely excited to share more awesome I’m excited to enter 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 first time founder very first time founder it’s like you hit a home run out of the park out of the gates I like it man that’s remarkable well as soon as they won you understand like it’s never ever the Crowning achievement never like never ever counts till the video game is over best generally so so so yeah um we are four co-founders you know and it’s funny because we’ve all satisfied through initially as good friends you know and then as co-founder so uh there’s three of us that collaborate at the same SAS company in in Spain so all of us signed up with when it was very early I signed up with as the very first individual in sales and there are two individuals joined us that as product managers essentially and we see the business from absolutely no to a couple of million err over three years and then we left um at the same time roughly I went to company 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 afterwards so when I go to business school I I got into into Harvard and you understand I was extremely delighted about it my entire objective was to go there to read more about how to end up being a founder and then ideally introduce something upon graduation and the one that I landed there I was researching currently a concept with one of these co-founders and it was authentic concept it had absolutely nothing to do or really little to do with what we’re doing now but you understand that was the start of the journey and the newbie Journey or the Insight that we had was that hey there are in certain verticals there are a lot of consecutive payments you understand and circular payments between business and right now you simply need to wait on that sequence to develop or you know like there’s nobody simplifying those circular payments so we thought of hey why do not we do something comparable to like a split wise or companies in verticals such as you understand fried or Logistics or construction you understand you have a ton of celebrations that have to wait on various payments like they’re all involved in one way or another so envision you have a platform and after that you have company a post Business B 100 and Company B Home Business 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 zero or receive zero and after that business C we get a hundred dollars so when we’re speaking to big business they all liked it but it was the normal like cold start problem I’m like hey this is great when everybody remains in the platform however until then it’s it’s pretty difficult to get individuals to do anything so it was everything about hey how do we get more data how can we type of kick start this platform um without using the platform to start with so it was everything about getting more data and to get more data we got to two conclusions it’s like we either get information through using an Analytics tool a workflow tool or we offer a financing we have a financing and we get the people or data give us information in order to get funding so you know we started doing that like exploring a growing number of and more and after that what we need what we saw is that we understood more about sales than anything else we were actually interested in fintech and specifically in funding and you know like we would look at different modes different verticals and so on for two weeks at a time if we found enough stuff 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 understand which is amusing of offering this this SAS business at all so they might extend terms to the clients but always get the cash up front so we’re fixing the financing payment possessions companies have which is they have in advance costs to obtain consumers and then they make money months of the month right so to avoid that cash card that every SAS company faces which we dealt with in the past in the previous experience the goal was to give them a tool so they could state to the consumer hi look the price is 100
per year and if you wish to pay month-to-month excellent use capshase you understand um and then Creators love that they were like hi men this is fantastic this is the Holy Grail of SAS because I have to do discount rates so my ACV increases and I can close sales quicker because I’m using versatile payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle generally it resembles a trade-off you know and then the next thing they said resembled hello why do not I do this for all my customer base instead of for each brand-new consumer 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 clients I get months of a month so then we saw what they desired was to convert their ARR or the consumer base into in advance financing to be less based on Equity as I stated the beginning yeah fine this is what we’re going to begin with and then we’re going to discover so much so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a good friend at HBS and then guy we started dealing with it like crazy and and left what is your long-term Vision so it began with you know you arrived on this hate you if you’re sitting on ARR we know the company’s uh churn we know 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 company so for us it’s it’s it’s or it’s all around SAS companies right like we just way with such business deliberately right so we withstood the
desire to work and go with financing you know with any vertical we only deal with SAS so our objective is to develop numerous items for SAS so we begin with financing and it’s fantastic because business really depend on us we really like a partner and we we help them to not simply get financing however work much better in a more effective way and through that we’re finding you understand chances to broaden you know in the transaction of a SAS item