It can be challenging to pick the financing model … Saa Finance Definition .
Get up to a year of upfront capital right away, offering you the flexible funding you need to grow your business and scale. We provide the necessary funding you require at that moment. Within 24 hours, we assess the financing needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Organization, Small Company, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the best of
both
you’re right with traditional funding
that’s not actually a choice previously
keep your 100 with cap chase we use data
to make funding quicker fairer and more
flexible based upon your future
predictable revenue and after that we wrap it
all up with a single transparent charge
so let’s get this party started at
There is constantly a moment when a start-up’s creators, senior management team, and top financing executives assess strategies for how to scale the company to the next level and catalog what’s needed to do that successfully. Protecting financing at an early stage can speed up growth and lead to quantifiable and attainable success. Ultimately, financing managers and the strategic planning team need to choose the right funding source to assist the company reach its objectives.
that management sets for the company. Weighing the threats and competitive hazards in a intelligent and balanced method is important as it can decide the future of your business The ramifications of selling equity, handling irregular capital, rate of interest movements, and the requirement to make timely payments to lenders are amongst the factors to think about, simply to name a few.
That said, with the rise of brand-new and more sophisticated financing options that put the business interests of start-ups and midsize companies initially, there’s generally a method to figure out an option that’s a great fit. It is very important to investigate the different financing choices that are readily available to a company’s founders, management accounting professionals, and finance officers and what considerations they need to make for both the long and short term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for repeating Earnings companies generally assisting business grow without quiting that precious Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s terrific to be here yeah I’m extremely delighted to share more remarkable I’m excited to enter your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you think about from what I comprehended you’re a first time founder 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 counts up until the video game is over ideal generally so so so yeah um we are 4 co-founders you know and it’s amusing due to the fact that we’ve all fulfilled through initially as buddies you know and then as co-founder so uh there’s three people that work together at the same SAS business in in Spain so we all joined when it was very early I joined as the very first individual in sales and there are 2 individuals joined us that as product managers basically and we see the company from absolutely no to a few million err over 3 years and then we left um at the same time approximately I went to business school and I went to organization school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to company school I I got into into Harvard and you know I was really thrilled about it my whole goal was to go there to get more information about how to end up being a founder and after that ideally launch something upon graduation and the one that I landed there I was researching currently a concept with one of these co-founders and it was authentic idea it had nothing to do or extremely little to do with what we’re doing now but you know that was the start of the beginner and the journey Journey or the Insight that we had was that hey there are in specific verticals there are a lot of consecutive payments you know and circular payments in between business and right now you just have to await that sequence to develop or you know like there’s no one streamlining those circular payments so we thought about hello why do not we do something similar to like a split smart or business in verticals such as you know fried or Logistics or building and construction you understand you have a lots of parties that have 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 Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or receive zero and after that business C we get a hundred dollars so when we’re talking to large business they all liked it but it was the normal like cold start problem I’m like hey this is excellent when everybody’s in the platform however up until then it’s it’s quite difficult to get people to do anything so it was all about hey 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 all about getting more data and to get more information we got to 2 conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the information or people give us information in order to get financing so you know we started doing that like exploring increasingly more and more and after that 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 know like we would look at different modes various verticals and so on for 2 weeks at a time if we discovered enough things we would go for two more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you understand which is funny of offering this this SAS business at all so they might extend terms to the customers but constantly get the money up front so we’re resolving the financing payment possessions business have which is they have in advance costs to obtain consumers and then they earn money months of the month right so to prevent that money card that every SAS business deals with which we faced in the past in the previous experience the goal was to give them a tool so they could say to the client hi look the cost is 100
each year and if you want to pay regular monthly fantastic usage capshase you understand um and then Creators like that they were like hello people this is remarkable this is the Holy Grail of SAS since I need to do discounts so my ACV increases and I can close sales quicker due to the fact that I’m using versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle normally it’s like a compromise you know and after that the next thing they stated resembled hi why do not I do this for all my consumer base instead of for every single new customer that I solve so why do not I do this for my 300 customers instead of doing it for the net for the 10 brand-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 depending 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 find out a lot so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a good friend at HBS and after that guy we started dealing with it like crazy and and left what is your long-term Vision so it began with you understand you arrived at 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 provide them in advance 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 companies right like we only method with such business intentionally right so we resisted the
urge to work and go with financing you know with any vertical we only deal with SAS so our goal is to establish multiple products for SAS so we begin with financing and it’s excellent due to the fact that business really depend on us we actually like a partner and we we help them to not just get financing but work better in a more efficient method and through that we’re discovering you know chances to broaden you know in the deal of a SAS product