It can be challenging to pick the funding model … Saas Cash Flow .
Get up to a year of upfront capital immediately, offering you the flexible funding you require to grow your organization and scale. We offer the essential financing you need at that minute. Within 24 hours, we evaluate the funding needed and deposit it instantly to your account.
Capchase deals with these users and organization types: Mid Size Business, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the very best of
both
you’re right with standard funding
that’s not actually an option until now
keep your 100 with cap chase we utilize data
to make funding quicker fairer and more
versatile based upon your future
foreseeable income and then we wrap it
all up with a single transparent charge
so let’s get this celebration started at
There is constantly a time when a start-up’s creators, senior management group, and top finance executives assess strategies for how to scale the business to the next level and brochure what’s needed to do that successfully. Protecting financing at an early stage can speed up development and cause quantifiable and obtainable success. Ultimately, financing managers and the tactical preparation team have to pick the right financing source to help the company reach its goals.
that management sets for the organization. Weighing the dangers and competitive risks in a balanced and smart method is essential as it can choose the future of your business The implications of offering equity, managing inconsistent capital, interest rate motions, and the need to make timely payments to lending institutions are amongst the factors to consider, just among others.
That stated, with the rise of brand-new and more sophisticated financing alternatives that put business interests of start-ups and midsize companies first, there’s normally a method to find out a solution that’s a great fit. It is essential to examine the different funding alternatives that are offered to a business’s founders, management accountants, and financing officers and what considerations they require to produce both the long and brief term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for recurring Revenue companies essentially helping companies grow without giving up that valuable Equity you took so long to develop 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 really excited to share more awesome 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 comprehended you’re a first time creator first time founder it’s like you hit a home run out of the park out of evictions I enjoy it man that’s amazing well as quickly as they won you know like it’s never ever the Crowning achievement never ever like never ever counts until the game is over right essentially so so so yeah um we are four co-founders you know and it’s amusing since we’ve all fulfilled through first as friends you know and then as co-founder so uh there’s three of us that work together at the exact same SAS company in in Spain so we all joined when it was really early I joined as the very first individual in sales and there are 2 people joined us that as item supervisors basically 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 approximately I went to organization school and I went to business school on the other one went to do a stint in VC with the goal of going to company school afterwards so when I go to service school I I entered into into Harvard and you understand I was extremely excited about it my whole goal was to go there to get more information about how to end up being a founder and then ideally launch something upon graduation and the one that I landed there I was investigating 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 but you understand that was the start of the novice and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you understand and circular payments between business and right now you simply have to wait on that series to develop or you understand like there’s no one simplifying those circular payments so we thought of hey why do not we do something comparable to like a split wise or business in verticals such as you understand fried or Logistics or building you know you have a ton of celebrations that need to wait on different payments like they’re all involved in one way or another so envision you have a platform and after that you have company a post Company B 100 and Company B Home 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 no they would get they would pay no or get absolutely no and after that business C we get a hundred dollars so when we’re speaking to large business they all liked it but it was the normal like cold start issue I resemble hey this is great when everybody’s in the platform however till 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 kind of begin this platform um without using the platform to start with so it was all about getting more information and to get more data we got to 2 conclusions it’s like we either get data through using an Analytics tool a workflow tool or we provide a financing we have a funding and we get the individuals or information offer us information in order to get financing so you know we began doing that like exploring increasingly more and more and then what we need what we saw is that we knew more about sales than anything else we were really 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 two weeks at a time if we discovered enough things we would opt for two more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is amusing of offering this this SAS companies at all so they could extend terms to the consumers however always get the money in advance so we’re solving the funding payment assets companies have which is they have in advance expenses to acquire customers and after that they earn money months of the month right so to prevent that cash card that every SAS business faces 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 consumer hi look the cost is 100
annually and if you wish to pay regular monthly terrific usage capshase you understand um and then Creators like that they were like hello men this is fantastic this is the Holy Grail of SAS due to the fact that I have to do discounts so my ACV boosts and I can close sales quicker because I’m offering versatile payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle typically it’s like a compromise you know and after that the next thing they said was like hey why do not I do this for all my consumer base instead of for every new client that I solve so why don’t I do this for my 300 customers instead of doing it for the web 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 upfront funding to be less depending on Equity as I said the starting yeah okay this is what we’re going to begin with and after that we’re going to learn a lot so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a friend at HBS and after that male we began working on it like crazy and and dropped out what is your long-lasting Vision so it started with you understand you arrived at this hate you if you’re sitting on ARR we understand the business’s uh churn we know the business’s retention gross margins Etc so I can take their ARR and lend 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 business right like we only way with such business intentionally right so we resisted the
desire to work and go with financing you understand with any vertical we just deal with SAS so our goal is to develop multiple items for SAS so we begin with financing and it’s terrific because companies actually rely on us we actually like a partner and we we help them to not simply get funding but work much better in a more efficient method and through that we’re finding you know opportunities to broaden you understand in the transaction of a SAS product