It can be challenging to select the financing model … Saa Taa Finance .
Receive up to a year of in advance capital immediately, giving you the versatile funding you need to grow your organization and scale. We supply the essential financing you need at that moment. Within 24 hours, we evaluate the funding needed and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Company, Small Company, Enterprise, Freelance, Nonprofit, and Federal 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 standard funding
that’s not really an alternative previously
keep your 100 with cap chase we use data
to make financing faster fairer and more
versatile based upon your future
predictable earnings and then we wrap it
all up with a single transparent charge
so let’s get this celebration started at
There is always a time when a start-up’s founders, senior management team, and top finance executives examine methods for how to scale the company to the next level and brochure what’s required to do that effectively. Securing financing at an early stage can accelerate growth and lead to achievable and quantifiable success. Ultimately, finance supervisors and the tactical planning group have to select the right funding source to assist the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive threats in a smart and balanced way is crucial as it can choose the future of your company The implications of offering equity, managing inconsistent cash flow, rate of interest movements, and the requirement to make prompt payments to loan providers are among the aspects to consider, just to name a few.
That said, with the increase of new and more sophisticated funding options that put business interests of start-ups and midsize companies first, there’s normally a method to figure out a solution that’s a good fit. It’s important to examine the different financing options that are offered to a business’s founders, management accountants, and finance officers and what factors to consider they require 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 development capital for repeating Earnings companies generally assisting business 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 a lot for having me it’s fantastic to be here yeah I’m extremely excited to share more incredible I’m delighted to get into your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you consider from what I comprehended you’re a first time creator first time creator it’s like you hit a crowning achievement out of the park out of evictions I enjoy it man that’s incredible well as soon as they won you understand like it’s never ever the Crowning achievement never ever like never counts up until the game is over best basically so so so yeah um we are four co-founders you understand and it’s amusing due to the fact that we’ve all met through first as pals you know and after that as co-founder so uh there’s three people that collaborate at the same SAS business in in Spain so we all joined when it was very early I signed up with as the first person in sales and there are two individuals joined us that as product managers basically and we see the business from zero to a couple of million err over three years and then we left um at the same time approximately I went to company school and I went to service school on the other one went to do a stint in VC with the objective of going to service school afterwards so when I go to organization school I I entered into Harvard and you understand I was extremely thrilled about it my whole goal was to go there to read more about how to end up being a creator and after that ideally release something upon graduation and the one that I landed there I was investigating already an idea with among these co-founders and it was authentic idea it had absolutely nothing to do or very little to do with what we’re doing now but you know that was the beginning of the newbie and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of sequential payments you know and circular payments between companies and today you simply need to await that series to establish or you understand like there’s no one simplifying those circular payments so we considered hey why do not we do something comparable to like a split smart or companies in verticals such as you know fried or Logistics or building you understand you have a ton of celebrations that have to await 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 Company B 100 and Company B House Business c a hundred dollars in reality with this platform what would happen is a company.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or get no and after that company C we get a hundred dollars so when we’re talking to large business they all loved it however it was the common like cold start problem I’m like hey this is terrific when everyone’s in the platform however until then it’s it’s pretty hard to get people to do anything so it was everything about hi how do we get more information how can we sort of begin this platform um without utilizing the platform to start with so it was everything about getting more information and to get more data we got to two conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we offer a financing we have a financing and we get the people or data provide us data in order to get financing so you understand we began doing that like checking out a growing number of and more and then what we need what we saw is that we understood more about sales than anything else we were actually thinking about fintech and specifically in funding 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 suffice and then in January 2020 we had the the concept you understand which is amusing of using this this SAS business at all so they might extend terms to the consumers but always get the money up front so we’re solving the funding payment possessions business have which is they have in advance expenses to acquire clients and then they earn money months of the month right so to avoid that cash card that every SAS company faces which we faced in the past in the previous experience the goal was to give them a tool so they could state to the consumer hi look the price is 100
annually and if you wish to pay month-to-month excellent usage capshase you understand um and then Founders enjoy that they resembled hey guys this is fantastic this is the Holy Grail of SAS since I have to do discount rates so my ACV increases and I can close sales much faster because I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle normally it resembles a trade-off you understand and then the next thing they said resembled hello why do not I do this for all my consumer base instead of for every new consumer that I get right so why don’t I do this for my 300 clients instead of doing it for the internet for the 10 brand-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 in advance financing to be less based on Equity as I stated the starting yeah okay this is what we’re going to begin with and then we’re going to learn so much so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a friend at HBS and after that male we began dealing with it like crazy and and dropped out what is your long-lasting Vision so it began with you know you landed on this hate you if you’re resting on ARR we understand the company’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 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 companies right like we just method with such companies deliberately right so we resisted the
desire to work and go with financing you understand with any vertical we just deal with SAS so our objective is to develop numerous items for SAS so we begin with financing and it’s great because companies truly depend on us we really like a partner and we we help them to not just get funding however work much better in a more efficient way and through that we’re finding you understand opportunities to broaden you understand in the transaction of a SAS product