It can be challenging to choose the financing model … Revenue Based Financing Group .
Receive up to a year of upfront capital immediately, offering you the versatile funding you need to grow your service and scale. We provide the needed funding you need at that minute. Within 24 hours, we assess the funding needed and deposit it immediately to your account.
Capchase deals with these users and company types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with standard funding
that’s not really a choice until now
keep your 100 with cap chase we use data
to make funding faster fairer and more
flexible based on your future
predictable income and after that we cover it
all up with a single transparent fee
so let’s get this celebration began at
There is constantly a moment when a start-up’s founders, senior management group, and top finance executives evaluate techniques for how to scale the company to the next level and brochure what’s needed to do that effectively. Securing financing at an early stage can speed up development and cause obtainable and measurable success. Ultimately, financing managers and the tactical preparation team need to choose the right financing source to help the company reach its goals.
that management sets for the organization. Weighing the dangers and competitive risks in a intelligent and well balanced way is vital as it can choose the future of your company The ramifications of selling equity, managing inconsistent capital, rates of interest motions, and the requirement to make prompt payments to lending institutions are among the aspects to consider, simply among others.
That said, with the rise of brand-new and more sophisticated funding alternatives that put business interests of start-ups and midsize companies initially, there’s generally a method to figure out a solution that’s a good fit. It is necessary to investigate the various financing alternatives that are available to a company’s founders, management accounting professionals, and finance officers and what factors to consider they require to produce 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 company of non-dilutive growth capital for repeating Income business basically helping 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 fantastic to be here yeah I’m really excited to share more incredible I’m thrilled 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 consider from what I comprehended you’re a first time creator very first time creator it’s like you hit a home run out of the park out of the gates I love it man that’s amazing well as soon as they won you understand like it’s never ever the Crowning achievement never ever like never counts until the game is over ideal generally so so so yeah um we are four co-founders you know and it’s funny because we have actually all met through first as good friends you know and after that as co-founder so uh there’s 3 people that interact at the very 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 people joined us that as product managers generally and we see the company from absolutely no to a few million err over three years and after that we left um at the same time approximately I went to organization school and I went to business school on the other one went to do a stint in VC with the objective of going to business school afterwards so when I go to service school I I entered into into Harvard and you understand I was very thrilled about it my entire goal was to go there to get more information about how to end up being a founder and after that hopefully introduce 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 authentic concept it had nothing to do or really little to do with what we’re doing now but you understand that was the start of the beginner 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 know and circular payments between business and right now you simply have to wait on that series to develop or you understand like there’s nobody simplifying those circular payments so we considered hey why do not we do something similar to like a split smart or companies in verticals such as you know fried or Logistics or construction you know you have a lots of parties that need to wait for various payments like they’re all associated with one way or another so picture you have a platform and then you have company a post Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B no they would get they would pay absolutely no or receive no and then company C we get a hundred dollars so when we’re talking to big companies they all liked it but it was the common like cold start problem I’m like hey this is excellent when everyone remains in the platform however up until then it’s it’s quite hard to get individuals to do anything so it was all about hello 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 all about getting more information and to get more data we got to 2 conclusions it resembles we either get data through using an Analytics tool a workflow tool or we provide a funding we have a financing and we get the people or data offer us data in order to get funding so you know we started doing that like exploring more and more and more and then what we require what we saw is that we knew more about sales than anything else we were really thinking about fintech and particularly in financing and you understand like we would look at various modes different verticals and so on for 2 weeks at a time if we discovered enough stuff we would choose 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is amusing of using this this SAS companies at all so they could extend terms to the clients but constantly get the cash up front so we’re solving the funding payment properties companies have which is they have in advance expenses to acquire consumers and after that they make money months of the month right so to avoid that money card that every SAS business faces which we dealt with in the past in the previous experience the objective was to provide a tool so they could state to the customer hey look the rate is 100
per year and if you wish to pay month-to-month terrific use capshase you understand um and after that Founders like that they resembled hey men this is incredible this is the Holy Grail of SAS because I have to do discount rates so my ACV increases and I can close sales faster due to the fact that I’m using versatile payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle usually it’s like a compromise you understand and then the next thing they stated was like hi why do not I do this for all my client base instead of for every single new customer that I get right so why do not I do this for my 300 clients instead of doing it for the net for the 10 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 funding to be less based on Equity as I stated the beginning yeah all right this is what we’re going to begin with and after that we’re going to discover so much so we’re gon na do the rest afterwards which’s when the 4th co-founder joined who has a friend at HBS and then male we began working on it like crazy and and dropped out 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 business’s uh churn we understand the company’s retention gross margins Etc 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 method with such business intentionally right so we withstood the
desire to go and work with funding you know with any vertical we just work with SAS so our objective is to develop several products for SAS so we start with funding and it’s fantastic because companies truly rely on us we really like a partner and we we help them to not just get funding however work better in a more effective way and through that we’re discovering you understand opportunities to expand you understand in the transaction of a SAS product