It can be challenging to pick the financing model … Saa Finance Acronym .
take advantage of non-dilutive growth capital on-demand. Get as much as a year of in advance capital instantly, giving you the versatile financing you need to grow your business and scale. Select overdue invoices or just recently paid expenses, and choose payment terms of 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 needs. We provide the needed financing you require at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the funding needed and deposit it immediately to your account. Our easy-to-use interface permits you to understand and manage all your accounts and deals. Access more capital as you scale. We are your partner every step of the way, lowering our rates the longer we collaborate. Your information enables us to rapidly supply you with the right amount of capital your company needs.
Capchase works with these users and organization types: Mid Size Company, Small Company, 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 very best of
you’re right with traditional funding
that’s not actually an alternative previously
keep your 100 with cap chase we use information
to make financing quicker fairer and more
versatile based upon your future
foreseeable revenue and after that we wrap it
all up with a single transparent charge
Let’s get this party started at
There is constantly a moment when a start-up’s creators, senior management group, and leading finance executives assess methods for how to scale the company to the next level and catalog what’s needed to do that successfully. Securing financing at an early stage can accelerate growth and lead to attainable and measurable success. Eventually, finance supervisors and the tactical preparation team have to select the right funding source to help the business reach its goals.
that management sets for the company. Weighing the dangers and competitive dangers in a smart and well balanced way is important as it can choose the future of your business The ramifications of offering equity, managing irregular capital, interest rate movements, and the requirement to make prompt payments to lenders are amongst the elements to consider, just to name a few.
That said, with the increase of new and more advanced funding alternatives that put the business interests of start-ups and midsize companies first, there’s generally a way to find out an option that’s an excellent fit. It is necessary to investigate the various financing alternatives that are offered to a business’s founders, management accounting professionals, and financing officers and what considerations they need to produce 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 company of non-dilutive growth capital for repeating Revenue companies generally assisting business grow without quiting 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 delighted to share more awesome I’m excited to get 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 first time creator very first time creator it resembles you struck 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 know like it’s never the Crowning achievement never like never ever counts until the game is over ideal basically so so so yeah um we are four co-founders you know and it’s amusing due to the fact that we’ve all met through initially as pals you know and then as co-founder so uh there’s 3 people that work together at the same SAS company in in Spain so we all joined when it was extremely early I signed up with as the very first person in sales and there are two individuals joined us that as item supervisors basically and we see the business from absolutely no to a few million err over 3 years and after that we left um at the same time roughly I went to service school and I went to business school on the other one went to do a stint in VC with the objective of going to company school afterwards so when I go to service school I I got into into Harvard and you know I was extremely thrilled about it my entire objective was to go there for more information about how to become a founder and then hopefully launch something upon graduation and the one that I landed there I was looking into currently an idea with among these co-founders and it was authentic concept it had nothing to do or very little to do with what we’re doing now however you know that was the beginning of the journey and the newbie Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of consecutive payments you know and circular payments between companies and right now you simply have to wait for that series to establish or you know like there’s no one simplifying those circular payments so we considered hi why do not we do something similar to like a split wise or business in verticals such as you understand fried or Logistics or building and construction you understand you have a lots 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 Company B 100 and Business B Home Business c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Business B zero they would get they would pay no or receive zero and after that business C we get a hundred dollars so when we’re talking to large 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 but up until then it’s it’s pretty hard to get people to do anything so it was everything about hey how do we get more data how can we type of begin this platform um without using the platform to start with so it was everything about getting more information and to get more data we got to two conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we offer a funding we have a funding and we get the data or individuals give us data 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 interested in fintech and particularly in funding and you understand like we would look at various modes different verticals and so on for two weeks at a time if we found 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 offering this this SAS business at all so they could extend terms to the consumers however constantly get the cash up front so we’re solving the funding payment properties companies have which is they have in advance costs to acquire customers and then they earn money months of the month right so to avoid that money card that every SAS company deals with which we dealt with in the past in the previous experience the objective was to give them a tool so they might state to the consumer hello look the rate is 100
each year and if you wish to pay regular monthly excellent use capshase you know um and then Creators love that they were like hi men this is amazing this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales faster because I’m using flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle generally it resembles a trade-off you know and then the next thing they stated resembled hey why do not I do this for all my consumer base instead of for every new client that I get right so why do not I do this for my 300 clients instead of doing it for the web for the 10 new customers I get months of a month so then we saw what they wanted was to transform their ARR or the client base into in advance financing to be less dependent on Equity as I said the beginning yeah okay this is what we’re going to begin with and after that we’re going to learn a lot 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-lasting Vision so it started with you know you arrived on this hate you if you’re resting on ARR we understand the company’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 business right like we just method with such companies deliberately right so we withstood the
urge to go and work with funding you know with any vertical we just work with SAS so our goal is to develop multiple products for SAS so we start with funding and it’s great due to the fact that business actually rely on us we really like a partner and we we help them to not simply get funding but work better in a more efficient method and through that we’re finding you know opportunities to broaden you understand in the deal of a SAS item