It can be challenging to pick the financing model … Revenue Based Financing Models .
Receive up to a year of upfront capital instantly, giving you the versatile funding you require to grow your business and scale. We provide the required funding you need at that minute. Within 24 hours, we evaluate the financing required and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Organization, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the best of
both
you’re right with standard funding
that’s not actually an option until now
keep your 100 with cap chase we use data
to make financing much faster fairer and more
versatile based on your future
foreseeable earnings and then we cover it
all up with a single transparent charge
so 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 evaluate strategies for how to scale the business to the next level and brochure what’s needed to do that effectively. Protecting funding at an early stage can accelerate growth and cause achievable and quantifiable success. Eventually, finance supervisors and the strategic planning team need to decide on the right funding source to assist the business reach its goals.
that management sets for the organization. Weighing the risks and competitive risks in a well balanced and smart way is vital as it can decide the future of your business The implications of offering equity, handling irregular cash flow, interest rate movements, and the need to make prompt payments to lenders are amongst the elements to think about, simply to name a few.
That said, with the rise of new and more sophisticated funding choices that put the business interests of start-ups and midsize companies first, there’s generally a way to determine a solution that’s a great fit. It is essential to investigate the different financing options that are offered to a business’s creators, management accounting professionals, and financing 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 recurring Revenue business essentially assisting 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 terrific to be here yeah I’m extremely delighted to share more awesome I’m delighted 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 think about from what I understood you’re a very first time creator first time creator it resembles you hit a crowning achievement out of the park out of the gates I like it man that’s remarkable well as soon as they won you know like it’s never ever the Home Run never ever like never ever counts till the video game is over right basically so so so yeah um we are 4 co-founders you know and it’s funny due to the fact that we’ve all met through first as buddies you know and then as co-founder so uh there’s three people that collaborate at the very same SAS company in in Spain so all of us joined when it was really early I signed up with as the first individual in sales and there are 2 people joined us that as item supervisors basically and we see the business from no to a couple of million err over 3 years and after that we left um at the same time approximately I went to business school and I went to service 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 really delighted about it my whole objective was to go there for more information about how to become a creator and after that hopefully launch 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 idea it had absolutely nothing to do or very 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 particular verticals there are a lot of sequential payments you know and circular payments between business and right now you just need to await that sequence to develop or you understand like there’s no one simplifying those circular payments so we considered hello why don’t we do something similar to like a split sensible or companies in verticals such as you understand fried or Logistics or construction you understand you have a lots of parties that have to await 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 Company B 100 and Business B House Company c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Company B absolutely 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 with large companies they all loved it but it was the normal like cold start issue I’m like hey this is fantastic when everyone’s in the platform but till then it’s it’s quite hard to get people 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 using the platform to start with so it was all about getting more data and to get more information we got to 2 conclusions it’s like we either get information through offering an Analytics tool a workflow tool or we provide a financing we have a funding and we get the individuals or information give us information in order to get funding so you know we began doing that like exploring a growing number of and more and then what we require what we saw is that we understood more about sales than anything else we were really interested in fintech and particularly in funding and you know like we would take a look at various modes different verticals and so on for two weeks at a time if we discovered enough stuff we would opt for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you understand which is amusing of using this this SAS companies at all so they might 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 upfront costs to acquire consumers and then they get paid months of the month right so to avoid 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 could say to the customer hi look the price is 100
annually and if you wish to pay monthly terrific usage capshase you understand um and then Creators like that they were like hello men this is remarkable this is the Holy Grail of SAS due to the fact that I have to do discount rates so my ACV increases and I can close sales faster since I’m offering versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle typically it’s like a compromise you understand and after that the next thing they stated was like hello why don’t I do this for all my client base instead of for each brand-new client 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 clients I get months of a month so then we saw what they desired was to transform their ARR or the consumer base into upfront funding to be less dependent 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 afterwards which’s when the 4th co-founder joined who has a pal at HBS and then male we started dealing with it like crazy and and dropped out what is your long-term Vision so it began with you understand you arrived at this hate you if you’re resting on ARR we know the company’s uh churn we understand the company’s retention gross margins And so on so I can take their ARR and provide them up front x times times x ARR or times x mrr however what is a long-term vision of of the business so for us it’s it’s it’s or it’s all around SAS business right like we just method with such business deliberately right so we resisted the
desire to go and work with funding you understand with any vertical we just deal with SAS so our goal is to develop several items for SAS so we begin with funding and it’s great due to the fact that companies truly depend on us we really like a partner and we we help them to not just get funding but work much better in a more effective method and through that we’re finding you understand opportunities to expand you understand in the transaction of a SAS product