It can be challenging to select the financing model … Revenue Based Loan .
take advantage of non-dilutive growth capital on-demand. Receive as much as a year of in advance capital right away, offering you the flexible financing you need to grow your company and scale. Select unsettled billings or just recently paid costs, and choose repayment regards to 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even annual agreements, adapting to fulfill your demands. We supply the required funding you need at that moment. Your money works for you rather than sitting idle. Within 24 hr, we examine the funding required and deposit it immediately to your account. Our user friendly user interface enables you to understand and handle all your deals and accounts. Gain access to more capital as you scale. We are your partner every action of the way, minimizing our rates the longer we work together. Your data allows us to rapidly offer you with the right amount of capital your business needs.
Capchase works with these users and company types: Mid Size Organization, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the answer how about the best of
both
you’re right with traditional funding
that’s not truly an option until now
keep your 100 with cap chase we use information
to make funding faster fairer and more
flexible based on your future
predictable earnings and then we wrap it
all up with a single transparent charge
Let’s get this party began at
There is constantly a point in time when a start-up’s creators, senior management team, and leading financing executives examine techniques for how to scale the business to the next level and brochure what’s required to do that effectively. Securing funding at an early stage can speed up development and cause quantifiable and obtainable success. Eventually, financing supervisors and the tactical planning group need to select the right funding source to assist the company reach its goals.
that management sets for the company. Weighing the dangers and competitive hazards in a intelligent and well balanced method is crucial as it can decide the future of your business The implications of selling equity, managing inconsistent capital, rates of interest movements, and the need to make prompt payments to lending institutions are among the factors to consider, just to name a few.
That said, with the rise of new and more advanced financing alternatives that put the business interests of start-ups and midsize business initially, there’s usually a way to figure out a solution that’s a good fit. It is very important to investigate the various funding choices that are offered to a business’s creators, management accounting professionals, and financing officers and what considerations they require to make for both the short and long term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for recurring Profits companies basically helping companies grow without giving up 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 great to be here yeah I’m very delighted to share more remarkable I’m thrilled 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 very first time founder first time founder it resembles you hit a home run out of the park out of evictions I love it man that’s incredible well as quickly as they won you know like it’s never the Home Run never like never ever counts until the game is over right essentially so so so yeah um we are four co-founders you know and it’s amusing due to the fact that we’ve all satisfied through first as buddies you know and after that as co-founder so uh there’s three of us that interact at the exact same SAS business in in Spain so all of us joined when it was extremely early I joined as the first person in sales and there are two people joined us that as item managers generally and we see the business from absolutely no to a couple of million err over 3 years and after that we left um at the same time roughly I went to organization 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 afterwards so when I go to service school I I entered into into Harvard and you know I was really delighted about it my whole objective was to go there to read more about how to end up being a creator and after that ideally introduce something upon graduation and the one that I landed there I was looking into currently a concept with one of these co-founders and it was genuine idea it had nothing to do or very little to do with what we’re doing now but you know that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a lot of sequential payments you know and circular payments in between business and today you simply need to wait on that series to develop or you understand like there’s no one streamlining those circular payments so we thought about hey why do not we do something comparable to like a split sensible or business in verticals such as you know fried or Logistics or construction you know you have a ton of parties that have to wait for different payments like they’re all associated with 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 happen is a business.
a would pay a hundred the platform Business B no they would get they would pay zero or get zero and after that company C we get a hundred dollars so when we’re speaking with large business they all loved it but it was the normal like cold start problem I resemble hey this is excellent when everyone remains in the platform but up until then it’s it’s pretty tough to get individuals to do anything so it was everything about hi how do we get more data how can we kind of begin this platform um without using the platform to start with so it was everything about getting more data and to get more information we got to two conclusions it resembles we either get data through using an Analytics tool a workflow tool or we provide a financing we have a funding and we get the people or information give us data in order to get funding so you understand we started doing that like exploring increasingly more and more and then what we require what we saw is that we understood more about sales than anything else we were actually thinking about fintech and particularly in funding and you understand like we would look at different modes various 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 cut it and then in January 2020 we had the the idea you understand which is amusing of offering this this SAS business at all so they might extend terms to the customers however constantly get the money up front so we’re solving the funding payment assets companies have which is they have in advance expenses to obtain consumers and after that they earn money months of the month right so to prevent that cash card that every SAS business faces which we faced in the past in the previous experience the objective was to give them a tool so they could state to the customer hey look the rate is 100
per year and if you wish to pay regular monthly excellent use capshase you understand um and then Creators enjoy that they were like hey guys this is remarkable this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales much faster due to the fact that I’m using versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle typically it’s like a trade-off you understand and then the next thing they said resembled hi why don’t I do this for all my consumer base instead of for every single brand-new client that I solve so why do not I do this for my 300 clients 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 wanted was to convert their ARR or the client base into in advance funding to be less dependent on Equity as I stated the beginning yeah alright 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 and that’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 dropped out what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re sitting on ARR we understand the business’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-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 just way with such business deliberately right so we resisted the
urge to go and work with financing you understand with any vertical we only work with SAS so our objective is to develop numerous products for SAS so we begin with financing and it’s excellent due to the fact that business really depend on us we truly 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 finding you know chances to expand you understand in the deal of a SAS product