It can be challenging to choose the financing model … Saas Business Finance Model Solution .
Receive up to a year of in advance capital immediately, providing you the flexible financing you need to grow your organization and scale. We supply the essential financing you require at that minute. Within 24 hours, we evaluate the financing needed and deposit it immediately to your account.
Capchase works with these users and company types: Mid Size Organization, Small Business, Business, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the answer how about the best of
you’re right with standard financing
that’s not really an option until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based upon your future
predictable revenue and after that we cover 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 group, and leading financing executives examine strategies for how to scale the company to the next level and catalog what’s required to do that effectively. Securing funding at an early stage can accelerate growth and result in measurable and obtainable success. Ultimately, finance managers and the strategic planning group need to pick the right funding source to help the business reach its objectives.
that management sets for the organization. Weighing the dangers and competitive hazards in a well balanced and smart way is vital as it can choose the future of your company The ramifications of selling equity, managing irregular cash flow, rates of interest motions, and the requirement to make prompt payments to lending institutions are amongst the factors to think about, simply among others.
That said, with the increase of new and more advanced financing choices that put the business interests of start-ups and midsize business first, there’s typically a method to find out a solution that’s a great fit. It is very important to investigate the various financing alternatives that are available to a company’s creators, management accounting professionals, and finance officers and what considerations they need to make for 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 essentially helping companies grow without quiting 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 terrific to be here yeah I’m very delighted 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 Creators why cap Chase what else did you think about from what I understood you’re a very first time creator first time founder it resembles you hit a crowning achievement out of the park out of the gates I like it man that’s fantastic well as quickly as they won you understand like it’s never ever the Home Run never ever like never ever counts until the game is over best basically so so so yeah um we are 4 co-founders you understand and it’s funny because we have actually all satisfied through initially as friends you know and after that as co-founder so uh there’s 3 of us that work together at the exact same SAS company in in Spain so we all joined when it was extremely early I signed up with as the first individual in sales and there are 2 individuals joined us that as product supervisors essentially and we see the company from no to a couple of million err over three years and then 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 business school later on so when I go to service school I I entered into into Harvard and you understand I was very delighted about it my whole goal was to go there to learn more about how to become a founder and then hopefully launch something upon graduation and the one that I landed there I was investigating already an idea with one of these co-founders and it was genuine concept it had absolutely nothing to do or extremely little to do with what we’re doing now but you understand that was the beginning of the journey and the newbie Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of sequential payments you understand and circular payments in between companies and today you just have to await that series to establish or you know like there’s nobody streamlining those circular payments so we thought of hello why do not we do something comparable to like a split wise or companies in verticals such as you understand fried or Logistics or construction you understand you have a ton of celebrations that need to wait on different payments like they’re all associated with one way or another so picture you have a platform and then you have company a post Business B 100 and Business B House Company c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Business B zero they would get they would pay absolutely no or receive zero and then company C we get a hundred dollars so when we’re speaking with large business they all enjoyed it however it was the normal 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 quite hard to get individuals to do anything so it was everything about hi how do we get more information how can we kind of kick start this platform um without utilizing the platform to start with so it was everything about getting more data and to get more information we got to two conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we provide a financing we have a financing and we get the people or information offer us information in order to get financing so you understand we began doing that like checking out more and more and more and then what we require what we saw is that we understood more about sales than anything else we were actually interested in fintech and particularly in financing and you know like we would look at various modes various verticals and so on for two weeks at a time if we found enough things we would go for 2 more weeks if we didn’t would suffice and then in January 2020 we had the the idea you understand which is funny of offering this this SAS companies at all so they might extend terms to the customers however constantly get the money up front so we’re fixing the financing payment possessions companies have which is they have in advance costs to get consumers and then they get paid 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 provide a tool so they might state to the customer hello look the rate is 100
each year and if you want to pay month-to-month great usage capshase you know um and then Founders love that they resembled hey men this is remarkable this is the Holy Grail of SAS due to the fact that I have to do discount rates so my ACV increases and I can close sales faster because I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle typically it’s like a trade-off you know and after that the next thing they said resembled hi why do not I do this for all my consumer base instead of for every single brand-new client 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 convert their ARR or the customer base into in advance funding to be less dependent on Equity as I said the beginning yeah fine this is what we’re going to begin with and then we’re going to discover a lot so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a buddy at HBS and after that guy we started working on it like crazy and and dropped out what is your long-lasting Vision so it started with you understand you landed on this hate you if you’re sitting on ARR we understand the business’s uh churn we know the company’s retention gross margins And so on so I can take their ARR and provide them up front x times times x ARR or times x mrr but what is a long-lasting 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 method with such companies intentionally right so we resisted the
desire to work and go with funding you know with any vertical we only work with SAS so our objective is to establish several items for SAS so we start with financing and it’s fantastic since business really count on us we really like a partner and we we help them to not just get financing but work much better in a more effective method and through that we’re finding you know opportunities to broaden you understand in the deal of a SAS item