It can be challenging to pick the financing model … Working Capital .
Receive up to a year of in advance capital right away, giving you the versatile financing you require to grow your business and scale. We offer the needed financing you need at that moment. Within 24 hours, we assess the financing required and deposit it immediately to your account.
Capchase deals with these users and organization types: Mid Size Company, 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 very best of
both
you’re right with traditional financing
that’s not truly an option until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based on your future
predictable profits 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 moment when a start-up’s founders, senior management group, and leading financing executives evaluate methods for how to scale the business to the next level and brochure what’s needed to do that successfully. Protecting funding at an early stage can speed up development and result in quantifiable and achievable success. Eventually, financing managers and the tactical preparation group need to select the right financing source to help the company reach its objectives.
that management sets for the company. Weighing the risks and competitive threats in a smart and well balanced way is essential as it can choose the future of your business The ramifications of offering equity, handling irregular capital, interest rate movements, and the need to make timely payments to loan providers are amongst the factors to consider, just to name a few.
That said, with the rise of brand-new and more sophisticated financing options that put business interests of start-ups and midsize companies first, there’s generally a way to determine a service that’s a great fit. It is essential to investigate the various financing alternatives that are readily available to a business’s founders, management accountants, and finance officers and what factors to consider they require to make for both the long and short term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for repeating Earnings business essentially helping companies grow without quiting that precious Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m extremely excited to share more remarkable I’m delighted 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 consider from what I understood you’re a very first time creator very first time founder it’s like you hit a home run out of the park out of evictions I love it man that’s amazing well as soon as they won you understand like it’s never ever the Home Run never ever like never ever counts until the game is over ideal essentially so so so yeah um we are 4 co-founders you understand and it’s amusing since we’ve all satisfied through initially as pals you know and then as co-founder so uh there’s three of us that work together at the same SAS company in in Spain so all of us joined when it was very early I signed up with as the very first individual in sales and there are two individuals joined us that as product supervisors generally and we see the company from absolutely no to a few million err over 3 years and after that we left um at the same time approximately I went to business school and I went to organization school on the other one went to do a stint in VC with the objective of going to business school afterwards so when I go to service school I I got into into Harvard and you know I was very delighted about it my entire goal was to go there to read more about how to end up being a creator and after that hopefully release 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 authentic idea it had absolutely nothing to do or really little to do with what we’re doing now but you know 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 great deal of sequential payments you understand and circular payments in between business and today you simply need to wait for that series to develop or you understand like there’s nobody streamlining those circular payments so we thought about hello why do not we do something similar to like a split smart or companies in verticals such as you understand 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 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 no or get absolutely no and after that business C we get a hundred dollars so when we’re speaking with big business they all liked it but it was the normal like cold start problem I’m like hey this is excellent when everybody remains in the platform however till then it’s it’s quite hard to get individuals to do anything so it was everything about hey how do we get more data how can we kind of begin 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 2 conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we provide a financing we have a funding and we get the people or data offer us information in order to get funding 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 really thinking about fintech and particularly in financing 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 stuff we would choose two more weeks if we didn’t would suffice and then in January 2020 we had the the idea you understand which is amusing of providing this this SAS companies at all so they might extend terms to the consumers however always get the money in advance so we’re fixing the funding payment possessions business have which is they have in advance expenses to acquire consumers and then they make money months of the month right so to prevent that cash card that every SAS company deals with which we faced in the past in the previous experience the objective was to provide a tool so they could say to the customer hi look the price is 100
each year and if you want to pay monthly excellent usage capshase you know um and after that Founders enjoy that they resembled hi people this is remarkable this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales much faster because I’m offering versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle typically it’s like a compromise you know and after that the next thing they stated was like hello why do not I do this for all my customer base instead of for every brand-new customer that I solve so why do not I do this for my 300 customers instead of doing it for the internet for the 10 brand-new clients I get months of a month so then we saw what they wanted was to convert their ARR or the client base into in advance funding to be less dependent on Equity as I said the starting yeah all right this is what we’re going to begin with and then we’re going to find out so much so we’re gon na do the rest later on 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 left what is your long-lasting Vision so it began 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 business’s retention gross margins Etc so I can take their ARR and provide 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 companies right like we just way with such companies intentionally right so we resisted the
urge to go and work with funding you understand with any vertical we just work with SAS so our goal is to develop several products for SAS so we begin with financing and it’s fantastic due to the fact that business really depend on us we actually like a partner and we we help them to not simply get financing however work much better in a more efficient method and through that we’re finding you understand opportunities to expand you know in the deal of a SAS product