It can be challenging to pick the funding model … Velocity Revenue Based Financing .
Receive up to a year of upfront capital immediately, providing you the versatile financing you need to grow your company and scale. We provide the essential financing you need at that minute. Within 24 hours, we examine the funding required and deposit it quickly to your account.
Capchase deals with these users and company 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
company the response how about the best of
you’re right with traditional financing
that’s not really an option previously
keep your 100 with cap chase we use data
to make financing faster fairer and more
flexible based upon your future
foreseeable income and after that we wrap it
all up with a single transparent fee
so let’s get this party began at
There is always a time when a start-up’s creators, senior management team, and leading finance executives evaluate 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 result in obtainable and quantifiable success. Ultimately, financing managers and the tactical planning team need to select the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the threats and competitive dangers in a balanced and smart method is important as it can choose the future of your company The implications of selling equity, handling inconsistent cash flow, rate of interest movements, and the requirement to make timely payments to lenders are among the factors to consider, just among others.
That stated, with the increase of new and more advanced financing alternatives that put business interests of start-ups and midsize business first, there’s usually a method to find out a solution that’s an excellent fit. It’s important to investigate the various financing choices that are readily available to a company’s creators, 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 excited to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for recurring Profits companies basically assisting business grow without giving up that precious 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 terrific to be here yeah I’m really delighted to share more amazing I’m thrilled 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 founder it resembles you struck a home run out of the park out of the gates I enjoy it man that’s incredible well as quickly as they won you know like it’s never the Home Run never like never ever counts until the video game is over ideal 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 fulfilled through first as friends you know and then as co-founder so uh there’s three of us that work together at the very same SAS company in in Spain so all of us joined when it was extremely early I joined as the first individual in sales and there are 2 individuals joined us that as item supervisors essentially and we see the company from zero to a couple of million err over three years and then we left um at the same time roughly I went to organization school and I went to organization 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 extremely excited about it my entire goal was to go there to read more about how to end up being a creator and then hopefully launch something upon graduation and the one that I landed there I was looking into currently a concept with one of these co-founders and it was genuine idea it had absolutely nothing to do or extremely little to do with what we’re doing now however you understand that was the beginning of the journey and the novice Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of sequential payments you understand and circular payments between companies and today you just need to wait for that sequence to establish or you know like there’s no one streamlining those circular payments so we considered hello why do not we do something similar to like a split wise or companies in verticals such as you understand fried or Logistics or building and construction you know you have a ton of parties that need to wait for various payments like they’re all associated with one way or another so picture you have a platform and after that you have company a post Business B 100 and Business B Home 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 absolutely no they would get they would pay no or receive no and then company C we get a hundred dollars so when we’re speaking with large business they all liked it but it was the common like cold start issue I resemble hey this is terrific when everyone’s in the platform but up until then it’s it’s pretty difficult to get individuals to do anything so it was all about hey how do we get more information how can we sort of begin this platform um without using the platform to start with so it was all about getting more data and to get more data we got to 2 conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we provide a funding we have a funding and we get the individuals or data provide us data in order to get funding so you understand we started doing that like exploring 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 actually thinking about fintech and particularly in financing and you understand like we would look at different modes different verticals and so on for 2 weeks at a time if we discovered enough things we would choose two more weeks if we didn’t would cut it and then in January 2020 we had the the idea you know which is amusing of using this this SAS business at all so they could extend terms to the clients but always get the money in advance so we’re resolving the financing payment properties companies have which is they have in advance expenses to get customers and then they make money months of the month right so to avoid that money card that every SAS business deals with which we faced in the past in the previous experience the goal was to provide a tool so they might say to the consumer hey look the rate is 100
each year and if you want to pay month-to-month terrific use capshase you know um and then Creators love that they were like hello 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 faster since I’m providing versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle normally it resembles a compromise you understand and then the next thing they said was like hi why don’t I do this for all my client base instead of for each brand-new consumer that I get right so why don’t I do this for my 300 customers instead of doing it for the web for the 10 brand-new customers I get months of a month so then we saw what they desired was to transform their ARR or the consumer base into upfront funding to be less depending on Equity as I stated the starting yeah fine this is what we’re going to begin with and after that we’re going to find out so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a good friend at HBS and after that male we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it started 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 business’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 way with such companies intentionally right so we resisted the
urge to work and go with funding you understand with any vertical we just deal with SAS so our objective is to develop multiple items for SAS so we begin with funding and it’s great because companies really depend on us we actually like a partner and we we help them to not simply get funding however work much better in a more effective method and through that we’re finding you understand opportunities to broaden you understand in the deal of a SAS item