It can be challenging to choose the financing model … Venture Debt Lenders .
take advantage of non-dilutive development capital on-demand. Get approximately a year of upfront capital instantly, providing you the flexible financing you need to grow your service and scale. Select overdue billings or recently paid costs, and select payment terms of 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even annual agreements, adapting to fulfill your needs. We provide the required funding you need at that moment. Your cash works for you instead of sitting idle. Within 24 hours, we evaluate the financing required and deposit it instantly to your account. Our user friendly interface permits you to understand and handle all your accounts and deals. Access more capital as you scale. We are your partner every action of the method, minimizing our rates the longer we work together. Your information enables us to quickly offer you with the correct amount of capital your organization needs.
Capchase deals with these users and organization types: Mid Size Organization, Small Company, 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 very best of
you’re right with conventional financing
that’s not actually a choice until now
keep your 100 with cap chase we use information
to make financing faster fairer and more
versatile based upon your future
foreseeable income and after that we cover it
all up with a single transparent charge
so let’s get this party started at
There is always a moment when a start-up’s creators, senior management group, and top financing executives evaluate strategies for how to scale the company to the next level and catalog what’s required to do that successfully. Protecting funding at an early stage can accelerate growth and result in achievable and quantifiable success. Ultimately, financing managers and the strategic preparation team need to decide on the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the risks and competitive risks in a balanced and smart method is vital as it can decide the future of your company The ramifications of offering equity, managing inconsistent cash flow, rate of interest motions, and the need to make timely payments to lending institutions are among the elements to think about, just among others.
That said, with the rise of brand-new and more advanced financing choices that put business interests of start-ups and midsize business initially, there’s generally a way to determine a service that’s an excellent fit. It is essential to examine the different funding options that are offered to a business’s founders, management accounting professionals, and financing officers and what factors to consider they need 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 service provider of non-dilutive development capital for recurring Profits companies essentially assisting business grow without giving up that precious Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m really thrilled to share more awesome I’m thrilled to enter into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you think about from what I comprehended you’re a first time founder very first time founder it’s like you struck a home run out of the park out of evictions I enjoy it man that’s remarkable well as quickly as they won you know like it’s never the Home Run never ever like never counts till the game is over ideal essentially so so so yeah um we are four co-founders you understand and it’s amusing since we’ve all met through initially as good friends you understand and after that as co-founder so uh there’s 3 people that work together at the same SAS company in in Spain so all of us signed up with when it was really early I joined as the very first person in sales and there are two individuals joined us that as product managers basically and we see the business from absolutely no to a couple of million err over three years and then we left um at the same time roughly I went to business school and I went to business school on the other one went to do a stint in VC with the goal of going to organization school afterwards so when I go to organization school I I entered into Harvard and you know I was extremely excited about it my whole goal was to go there for 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 researching already an idea with one of these co-founders and it was authentic concept it had nothing to do or extremely little to do with what we’re doing now but you know that was the start of the journey and the beginner Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you understand and circular payments between business and today you simply have to wait on that series to develop or you understand like there’s nobody simplifying those circular payments so we thought of hey why do not we do something comparable to like a split smart or business in verticals such as you understand fried or Logistics or building you understand you have a lots of celebrations that need to wait on different 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 Company B Home Company 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 receive zero and after that company C we get a hundred dollars so when we’re talking with big business they all enjoyed it but it was the common like cold start problem I’m like hey this is great when everybody remains in the platform however until then it’s it’s pretty tough to get individuals to do anything so it was everything about hey how do we get more information how can we type 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 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 information or people offer us information in order to get financing so you know we began doing that like exploring a growing number of and more and after that what we need what we saw is that we knew more about sales than anything else we were actually thinking about fintech and particularly in funding and you know like we would take a look at various modes various verticals and so on for 2 weeks at a time if we found enough things we would opt for 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 offering this this SAS companies at all so they might extend terms to the consumers but always get the cash in advance so we’re fixing the financing payment properties companies have which is they have upfront costs to get clients and then they get paid months of the month right so to prevent that cash card that every SAS company faces which we dealt with in the past in the previous experience the goal was to provide a tool so they might say to the consumer hi look the cost is 100
each year and if you wish to pay month-to-month excellent usage capshase you know um and then Creators like that they resembled hi men this is incredible this is the Holy Grail of SAS due to the fact that I need to do discount rates so my ACV increases and I can close sales much faster since I’m providing flexible payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle normally it’s like a trade-off you know and after that the next thing they said was like hi why do not I do this for all my consumer base instead of for each new client that I get right so why do not I do this for my 300 customers instead of doing it for the net for the 10 new clients I get months of a month so then we saw what they desired was to transform their ARR or the customer base into upfront financing to be less based on Equity as I said the beginning yeah all right this is what we’re going to start with and then we’re going to learn so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a friend at HBS and then guy we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it began with you know you landed on this hate you if you’re sitting on ARR we understand the business’s uh churn we understand 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-term vision of of the business so for us it’s it’s it’s or it’s all around SAS business right like we only method with such companies intentionally right so we resisted the
urge to go and work with funding you understand with any vertical we only deal with SAS so our goal is to develop numerous items for SAS so we begin with funding and it’s terrific because business truly depend 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 way and through that we’re finding you understand opportunities to expand you understand in the deal of a SAS product