It can be challenging to choose the funding model … Revenue Based Financing Firms .
Receive up to a year of in advance capital immediately, offering you the flexible funding you require to grow your service and scale. We provide the necessary funding you require at that moment. Within 24 hours, we evaluate the funding required and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
you’re right with traditional financing
that’s not truly an alternative previously
keep your 100 with cap chase we use data
to make funding quicker fairer and more
versatile based on your future
predictable income and then we cover it
all up with a single transparent cost
Let’s get this celebration began at
There is constantly a point in time when a start-up’s creators, senior management team, and leading finance executives examine strategies for how to scale the company to the next level and catalog what’s required to do that effectively. Securing funding at an early stage can accelerate growth and lead to measurable and achievable success. Eventually, financing managers and the strategic planning group need to decide on the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the threats and competitive dangers in a well balanced and smart method is crucial as it can decide the future of your company The implications of selling equity, handling inconsistent cash flow, rate of interest movements, and the need to make prompt payments to lending institutions are among the elements to think about, just to name a few.
That said, with the rise of brand-new and more advanced funding options that put business interests of start-ups and midsize business first, there’s generally a way to figure out a service that’s an excellent fit. It is necessary to examine the different funding options that are offered to a company’s creators, management accountants, and finance officers and what considerations they require to make for both the brief and long 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 growth capital for recurring Income business generally assisting companies grow without giving up that precious 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 excellent to be here yeah I’m very excited to share more incredible I’m thrilled to enter into 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 first time creator it’s like you struck a crowning achievement out of the park out of the gates I love it man that’s incredible well as soon as they won you know like it’s never the Crowning achievement never ever like never counts up until the video game is over right generally so so so yeah um we are 4 co-founders you know and it’s funny since we’ve all met through first as friends you understand and after that as co-founder so uh there’s three people that work together at the exact same SAS company in in Spain so all of us signed up with when it was really early I joined as the first person in sales and there are two individuals joined us that as product managers generally and we see the business from no to a few million err over 3 years and after that we left um at the same time approximately I went to company school and I went to company 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 business school I I got into into Harvard and you understand I was extremely thrilled about it my entire objective was to go there to read more about how to end up being a founder and after that hopefully release something upon graduation and the one that I landed there I was investigating already an idea with one of 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 start of the journey and the novice Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you know and circular payments in between business and right now you just have to wait on that sequence to develop or you understand like there’s nobody simplifying those circular payments so we thought about hey why don’t 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 need to wait on various payments like they’re all associated with one way or another so imagine you have a platform and after that you have company a post Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Business B absolutely no they would get they would pay absolutely no or get zero and then company C we get a hundred dollars so when we’re speaking to big business they all loved it however it was the typical like cold start issue I’m like hey this is terrific when everyone’s in the platform however up until then it’s it’s pretty difficult to get people to do anything so it was everything about hello 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 data and to get more data we got to two conclusions it resembles we either get information through providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the data or people offer us information in order to get financing so you understand we started doing that like checking out a growing number of and more and after that what we require what we saw is that we understood more about sales than anything else we were truly interested in fintech and particularly in funding and you understand like we would look at different modes various verticals and so on for 2 weeks at a time if we discovered enough things we would choose two more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of providing this this SAS business at all so they might extend terms to the clients but constantly get the cash up front so we’re fixing the funding payment assets companies have which is they have upfront expenses to obtain consumers and after that 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 might state to the customer hello look the cost is 100
annually and if you wish to pay month-to-month fantastic use capshase you understand um and then Creators love that they resembled hi guys this is amazing this is the Holy Grail of SAS due to the fact that I need to do discount rates so my ACV increases and I can close sales faster due to the fact that I’m providing flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle generally it resembles a trade-off you know and after that the next thing they stated was like hi why don’t I do this for all my customer base instead of for every single brand-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 new clients I get months of a month so then we saw what they wanted was to convert their ARR or the customer base into upfront funding to be less depending on Equity as I stated the starting yeah alright this is what we’re going to begin with and after that we’re going to learn so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a pal at HBS and then guy we began working on it like crazy and and left what is your long-lasting Vision so it started with you know you arrived on this hate you if you’re resting 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 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 companies intentionally right so we withstood the
urge to work and go with financing you understand with any vertical we only work with SAS so our objective is to establish multiple items for SAS so we begin with funding and it’s terrific because business actually rely on us we really like a partner and we we help them to not just get funding but work much better in a more efficient method and through that we’re finding you understand chances to broaden you know in the transaction of a SAS item