It can be challenging to select the financing model … Saas 101 .
Get up to a year of upfront capital immediately, giving you the versatile financing you need to grow your company and scale. We supply the necessary funding you need at that minute. Within 24 hours, we assess the funding required and deposit it instantly to your account.
Capchase deals with these users and organization types: Mid Size Business, Small Business, 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
you’re right with conventional financing
that’s not truly an alternative until now
keep your 100 with cap chase we utilize information
to make financing faster fairer and more
versatile based upon your future
predictable earnings and after that we cover it
all up with a single transparent cost
so let’s get this party began at
There is always a point in time when a start-up’s founders, senior management team, and leading finance executives evaluate methods for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can accelerate growth and lead to achievable and quantifiable success. Eventually, finance supervisors and the strategic preparation team need to decide on the right financing source to help the company reach its goals.
that management sets for the organization. Weighing the threats and competitive threats in a smart and balanced method is crucial as it can choose the future of your company The implications of selling equity, managing irregular capital, rates of interest movements, and the requirement to make timely payments to lending institutions are amongst the elements to consider, just among others.
That said, with the increase of new and more sophisticated funding choices that put business interests of start-ups and midsize business initially, there’s normally a method to find out an option that’s a great fit. It is essential to investigate the various funding choices that are readily available to a company’s creators, management accounting professionals, and finance officers and what factors to consider they need to produce both the short and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive growth capital for recurring Profits companies essentially assisting business grow without quiting that precious 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 excited to enter into 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 very first time founder first time creator it’s like you hit a home run out of the park out of evictions I enjoy it man that’s fantastic well as quickly as they won you know like it’s never ever the Home Run never ever like never counts up until the game is over best generally so so so yeah um we are 4 co-founders you know and it’s funny since we have actually all fulfilled through initially as pals you understand and after that as co-founder so uh there’s 3 people that work together at the very same SAS business in in Spain so we all joined when it was very early I joined as the first individual in sales and there are 2 individuals joined us that as product managers essentially 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 organization school and I went to company 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 service school I I entered into into Harvard and you understand I was very thrilled about it my whole goal was to go there to find out more about how to become a creator and after that hopefully launch something upon graduation and the one that I landed there I was researching currently an idea 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 start of the newbie and the journey Journey or the Insight that we had was that hey there are in specific verticals there are a great deal of sequential payments you know and circular payments between companies and right now you simply need to await that sequence to establish or you understand like there’s no one streamlining those circular payments so we considered hello why don’t we do something comparable to like a split wise or business in verticals such as you understand fried or Logistics or building and construction you know 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 after that you have company a post Company B 100 and Business 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 Business B zero they would get they would pay zero or get zero and after that company C we get a hundred dollars so when we’re talking to large companies they all loved it however it was the common like cold start issue I resemble hey this is great when everyone’s in the platform however until then it’s it’s quite tough to get individuals to do anything so it was all about hi how do we get more data how can we type of kick start this platform um without utilizing the platform to start with so it was everything about getting more information and to get more information we got to 2 conclusions it’s like we either get information through offering an Analytics tool a workflow tool or we provide a funding we have a financing and we get the data or people provide us information in order to get financing so you understand we began doing that like checking out a growing number of and more and after that what we need what we saw is that we understood 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 different modes various verticals and so on for two weeks at a time if we found enough things we would opt for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the concept you understand which is funny of using this this SAS business at all so they could extend terms to the consumers however constantly get the cash up front so we’re resolving the financing payment possessions business have which is they have upfront costs to obtain customers and then they earn money months of the month right so to prevent that cash card that every SAS company deals with and that we dealt with in the past in the previous experience the objective was to give them a tool so they might say to the customer hello look the rate is 100
per year and if you want to pay monthly fantastic usage capshase you know um and then Founders enjoy that they were like hi people this is remarkable this is the Holy Grail of SAS since I need to do discounts so my ACV boosts 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 decrease cell cycle normally it’s like 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 each new customer that I get right so why don’t I do this for my 300 consumers instead of doing it for the internet for the 10 brand-new clients 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 start with and after that we’re going to learn a lot so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a buddy at HBS and then man we started dealing with it like crazy and and left what is your long-term Vision so it began with you understand you arrived on this hate you if you’re resting on ARR we know the business’s uh churn we understand the company’s retention gross margins And so on 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-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 only way with such companies intentionally right so we withstood the
desire to work and go with financing you understand with any vertical we only deal with SAS so our objective is to establish numerous products for SAS so we start with financing and it’s great because companies really count on us we actually like a partner and we we help them to not just get funding but work better in a more effective method and through that we’re discovering you understand opportunities to expand you understand in the deal of a SAS item