It can be challenging to pick the funding model … Saa Finances .
take advantage of non-dilutive development capital on-demand. Receive up to a year of in advance capital immediately, giving you the versatile financing you need to grow your company and scale. Select overdue billings or just recently paid expenses, 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 meet your needs. We provide the required financing you require at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we evaluate the funding needed and deposit it instantly to your account. Our easy-to-use interface enables you to comprehend and manage all your accounts and deals. Gain access to more capital as you scale. We are your partner every action of the way, reducing our rates the longer we interact. Your data enables us to rapidly offer you with the right amount of capital your organization requirements.
Capchase works with these users and company types: Mid Size Business, 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 conventional funding
that’s not really a choice until now
keep your 100 with cap chase we utilize information
to make financing quicker fairer and more
versatile based upon your future
foreseeable revenue and then we wrap it
all up with a single transparent cost
so let’s get this celebration started at
There is always a moment when a start-up’s creators, senior management team, and leading financing executives assess methods for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting financing at an early stage can speed up growth and cause attainable and measurable success. Ultimately, financing managers and the strategic preparation team need to select the right funding source to assist the company reach its objectives.
that management sets for the company. Weighing the dangers and competitive hazards in a balanced and intelligent way is crucial as it can choose the future of your company The ramifications of offering equity, handling inconsistent cash flow, rates of interest motions, and the need to make prompt payments to lending institutions are amongst the elements to consider, simply to name a few.
That said, with the increase of brand-new and more advanced funding options that put business interests of start-ups and midsize companies first, there’s normally a way to determine an option that’s a good fit. It is essential to investigate the various funding alternatives that are available to a business’s founders, management accounting professionals, and finance officers and what considerations they require to make for 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 service provider of non-dilutive growth capital for repeating Earnings companies essentially helping companies grow without giving up that precious Equity you took so long to construct 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 really thrilled to share more amazing 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 very first time creator very first time founder it’s like 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 understand like it’s never the Crowning achievement never like never ever counts up until the game is over ideal generally so so so yeah um we are 4 co-founders you understand and it’s amusing due to the fact that we have actually all fulfilled through first as buddies you understand and then as co-founder so uh there’s three people that work together at the exact same SAS company in in Spain so all of us joined when it was really early I signed up with 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 zero to a few million err over three years and then we left um at the same time roughly I went to organization school and I went to service school on the other one went to do a stint in VC with the goal of going to service school afterwards so when I go to business school I I entered into into Harvard and you understand I was really excited about it my entire goal was to go there to learn more about how to end up being a creator and then ideally launch something upon graduation and the one that I landed there I was investigating already a concept with among these co-founders and it was authentic concept it had absolutely nothing to do or really little to do with what we’re doing now however you know that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of sequential payments you know and circular payments between companies and today you just have to wait on that series to establish 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 sensible or companies in verticals such as you know fried or Logistics or building you understand you have a ton of celebrations that have to wait for various payments like they’re all involved in one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B House Business c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or get absolutely no and after that business C we get a hundred dollars so when we’re speaking to large business they all enjoyed it but it was the normal like cold start issue I resemble hey this is great when everybody’s in the platform however up until then it’s it’s pretty hard to get individuals to do anything so it was all about hey how do we get more information how can we kind of begin this platform um without utilizing the platform to start with so it was all about getting more information and to get more information we got to 2 conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we provide a financing we have a financing and we get the people or data provide us information in order to get funding so you know we began doing that like exploring increasingly more and more and after that what we need what we saw is that we knew more about sales than anything else we were truly thinking about fintech and specifically in financing and you understand like we would take a look at various modes different verticals and so on for 2 weeks at a time if we discovered enough stuff we would go for 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you understand which is funny of using this this SAS companies at all so they might extend terms to the customers however always get the cash in advance so we’re resolving the funding payment assets business have which is they have upfront expenses to obtain clients and after that they get paid 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 provide a tool so they could say to the customer hi look the cost is 100
annually and if you wish to pay month-to-month great usage capshase you know um and after that Creators enjoy that they were like hey men this is incredible this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales faster since I’m offering flexible payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle usually it resembles a compromise you understand and after that the next thing they stated was like hello why don’t I do this for all my consumer base instead of for every single brand-new client that I solve so why don’t I do this for my 300 consumers instead of doing it for the internet for the 10 new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the consumer base into upfront funding to be less based on Equity as I said the beginning yeah all right this is what we’re going to start with and then we’re going to discover a lot 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 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 understand the company’s uh churn we understand the business’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 business so for us it’s it’s it’s or it’s all around SAS companies right like we only way with such companies intentionally 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 items for SAS so we start with funding and it’s great because companies actually rely on us we truly like a partner and we we help them to not simply get funding but work much better in a more effective method and through that we’re discovering you understand chances to expand you understand in the deal of a SAS item