It can be challenging to pick the funding model … Revenue Based Financing Usury .
Get up to a year of upfront capital instantly, giving you the flexible funding you need to grow your service and scale. We provide the required financing you require at that moment. Within 24 hours, we examine the financing needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Company, Small Company, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the best of
you’re right with conventional financing
that’s not actually an alternative previously
keep your 100 with cap chase we use data
to make funding quicker fairer and more
versatile based on your future
foreseeable revenue and then we wrap it
all up with a single transparent charge
so let’s get this party began at
There is always a moment when a start-up’s founders, senior management team, and top finance executives evaluate techniques for how to scale the business to the next level and catalog what’s required to do that effectively. Securing financing at an early stage can accelerate development and result in quantifiable and obtainable success. Ultimately, finance supervisors and the strategic preparation team have to pick the right funding source to help the business reach its objectives.
that management sets for the company. Weighing the risks and competitive hazards in a intelligent and well balanced method is vital as it can decide the future of your company The implications of selling equity, managing inconsistent cash flow, rate of interest movements, and the requirement to make timely payments to lending institutions are among the aspects to think about, simply to name a few.
That said, with the increase of new and more advanced funding choices that put business interests of start-ups and midsize companies first, there’s typically a method to determine an option that’s a great fit. It’s important to examine the various financing alternatives that are available to a business’s creators, management accounting professionals, and financing officers and what factors to consider they need to produce both the long and brief 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 growth capital for repeating Profits companies basically helping business grow without giving up that valuable Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m really thrilled to share more remarkable 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 consider from what I understood you’re a first time creator first time creator it’s like you struck a home run out of the park out of the gates I love it man that’s amazing well as quickly as they won you know like it’s never ever the Home Run never ever like never ever counts until the video game is over ideal basically so so so yeah um we are four co-founders you understand and it’s amusing since we’ve all met through initially as buddies you understand and after that as co-founder so uh there’s three people that collaborate at the same SAS company in in Spain so all of us signed up with when it was extremely early I signed up with as the first person in sales and there are 2 individuals joined us that as product supervisors basically and we see the business from absolutely no to a couple of million err over three years and after that we left um at the same time roughly I went to service school and I went to service 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 know I was very thrilled about it my whole goal was to go there to learn more about how to end up being a creator and after that hopefully introduce something upon graduation and the one that I landed there I was investigating currently a concept with among these co-founders and it was authentic concept it had nothing to do or really little to do with what we’re doing now however you know that was the start of the novice and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of sequential payments you know and circular payments between business and right now you simply need to wait on that sequence to develop or you know like there’s no one simplifying those circular payments so we thought about hello why do not we do something comparable to like a split smart or companies in verticals such as you know fried or Logistics or construction you understand you have a lots of parties that need to wait for different 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 House Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B zero they would get they would pay zero or get no and then company C we get a hundred dollars so when we’re talking with big business they all liked it however it was the normal like cold start problem I resemble hey this is terrific when everyone remains in the platform but till then it’s it’s quite tough to get individuals to do anything so it was all about hi how do we get more information how can we kind of kick start this platform um without utilizing the platform to start with so it was everything about getting more information and to get more information we got to two conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or individuals offer us information in order to get funding so you understand we began doing that like exploring more and more and more and then what we need what we saw is that we understood more about sales than anything else we were truly thinking about fintech and specifically in funding and you know like we would look at various modes different verticals and so on for two weeks at a time if we discovered enough things 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 know which is funny of providing this this SAS companies at all so they could extend terms to the customers however always get the cash up front so we’re fixing the financing payment assets business have which is they have in advance expenses to get consumers and then they make money months of the month right so to prevent 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 customer hi look the cost is 100
per year and if you want to pay regular monthly terrific use capshase you understand um and after that Creators like that they were like hey people this is remarkable this is the Holy Grail of SAS since I need to do discounts so my ACV boosts and I can close sales much faster since I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle normally it’s like a compromise you understand and then the next thing they stated was like hello why do not I do this for all my customer base instead of for each brand-new client that I get right so why don’t I do this for my 300 clients instead of doing it for the net for the 10 new consumers I get months of a month so then we saw what they desired was to transform their ARR or the client base into in advance financing to be less dependent on Equity as I said the starting yeah fine this is what we’re going to start with and after that we’re going to learn a lot so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a pal at HBS and then male we began working on it like crazy and and left what is your long-lasting Vision so it started with you know you landed on this hate you if you’re sitting on ARR we understand the company’s uh churn we understand the business’s retention gross margins And so on so I can take their ARR and provide them in advance x times times x ARR or times x mrr but what is a long-lasting vision of of the company so for us it’s it’s it’s or it’s all around SAS business right like we only way with such business deliberately right so we resisted the
desire to work and go with financing you understand with any vertical we only deal with SAS so our goal is to establish multiple products for SAS so we begin with funding and it’s terrific since companies really count on us we actually like a partner and we we help them to not simply get financing however work better in a more efficient method and through that we’re finding you know opportunities to broaden you know in the transaction of a SAS product