It can be challenging to pick the funding model … Series A Announcement .
use non-dilutive growth capital on-demand. Receive up to a year of in advance capital right away, offering you the flexible funding you need to grow your organization and scale. Select unpaid billings or just recently paid expenses, and select payment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even annual contracts, adjusting to meet your needs. We provide the needed funding you require at that moment. Your money works for you instead of sitting idle. Within 24 hours, we examine the funding needed and deposit it immediately to your account. Our user friendly user interface permits you to understand and manage all your accounts and deals. Access more capital as you scale. We are your partner every step of the method, reducing our rates the longer we interact. Your data enables us to rapidly offer you with the right amount of capital your service requirements.
Capchase deals with these users and company types: Mid Size Company, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the answer how about the very best of
both
you’re right with conventional financing
that’s not truly 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
predictable profits and then we cover it
all up with a single transparent fee
so let’s get this party began at
There is always a point in time when a start-up’s creators, senior management team, and top finance executives examine methods for how to scale the company to the next level and catalog what’s required to do that effectively. Protecting funding at an early stage can speed up growth and result in achievable and quantifiable success. Eventually, financing managers and the tactical planning group need to choose the right funding source to help the business reach its goals.
that management sets for the company. Weighing the threats and competitive hazards in a balanced and intelligent way is important as it can choose the future of your business The ramifications of selling equity, managing irregular capital, interest rate movements, and the need to make timely payments to loan providers are among the factors to think about, just to name a few.
That stated, with the increase of new and more sophisticated financing options that put business interests of start-ups and midsize companies first, there’s typically a method to determine an option that’s a good fit. It is essential to examine the various funding options that are offered to a company’s creators, management accounting professionals, and finance officers and what factors to consider they require to produce both the brief and long term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for recurring Revenue companies basically helping companies grow without giving up that valuable Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m very excited to share more remarkable 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 think about from what I understood you’re a first time creator very first time creator it resembles you hit a home run out of the park out of evictions I like it man that’s amazing well as quickly as they won you understand like it’s never ever the Crowning achievement never ever like never counts till the game is over right basically so so so yeah um we are 4 co-founders you understand and it’s funny since we’ve all met through initially as friends you understand 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 extremely early I joined as the very first person in sales and there are two people joined us that as product supervisors generally and we see the company from no to a couple of million err over 3 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 company school afterwards so when I go to company school I I got into into Harvard and you know I was really excited about it my whole goal was to go there to find out more about how to end up being a founder and then hopefully launch something upon graduation and the one that I landed there I was researching already a concept with among these co-founders and it was genuine concept it had nothing to do or extremely 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 remain in specific verticals there are a lot of consecutive payments you know and circular payments in between companies and today you simply have to await that sequence to develop or you understand like there’s no one simplifying those circular payments so we thought of hey why don’t we do something similar to like a split smart or companies in verticals such as you know fried or Logistics or construction you understand you have a ton of celebrations that need to await various payments like they’re all associated with one way or another so imagine you have a platform and after that you have company a post Company B 100 and Company B House Business c a hundred dollars in reality with this platform what would take place is a company.
a would pay a hundred the platform Company B zero they would get they would pay absolutely no or get no and after that company C we get a hundred dollars so when we’re speaking with large companies they all liked it but it was the typical like cold start problem I’m like hey this is terrific when everyone’s in the platform however up until then it’s it’s pretty difficult to get individuals to do anything so it was all about hello how do we get more information how can we type of begin this platform um without using the platform to start with so it was everything about getting more data 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 funding we have a financing and we get the data or individuals give us information in order to get funding so you understand we started doing that like checking out more and more and more and after that what we need what we saw is that we understood more about sales than anything else we were truly interested in fintech and specifically in funding and you know like we would look at various modes different verticals and so on for 2 weeks at a time if we found enough stuff we would go for 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of providing this this SAS business at all so they could extend terms to the consumers however always get the cash up front so we’re solving the funding payment properties companies have which is they have in advance costs to get clients and then they earn money months of the month right so to prevent that cash card that every SAS business deals with and that we dealt with in the past in the previous experience the goal was to provide a tool so they could say to the consumer hi look the cost is 100
each year and if you wish to pay monthly terrific usage capshase you know um and after that Creators enjoy that they were like hello people this is amazing this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales quicker because I’m offering 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 was like hey why don’t I do this for all my consumer base instead of for every single brand-new consumer that I solve so why don’t I do this for my 300 clients instead of doing it for the internet for the 10 new clients I get months of a month so then we saw what they desired was to convert their ARR or the client base into in advance financing to be less depending on Equity as I said the starting yeah alright this is what we’re going to begin with and after that we’re going to discover so much so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a pal at HBS and after that guy we began working on it like crazy and and dropped out what is your long-term Vision so it began with you understand you arrived at this hate you if you’re resting on ARR we understand the business’s uh churn we understand 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 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 just way with such business intentionally right so we resisted the
desire to work and go with financing you know with any vertical we just deal with SAS so our objective is to establish several items for SAS so we begin with financing and it’s great because companies really rely on us we actually like a partner and we we help them to not simply get financing but work better in a more effective method and through that we’re finding you understand opportunities to broaden you know in the transaction of a SAS item