It can be challenging to choose the financing model … Capchase Art .
tap into non-dilutive development capital on-demand. Receive up to a year of upfront capital immediately, giving you the versatile funding you need to grow your service and scale. Select unpaid invoices or recently paid costs, and choose 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 required funding you require at that moment. Your cash works for you instead of sitting idle. Within 24 hours, we examine the funding required and deposit it quickly to your account. Our easy-to-use user interface permits you to understand and handle all your transactions and accounts. Access more capital as you scale. We are your partner every step of the method, minimizing our rates the longer we interact. Your data enables us to quickly provide you with the correct amount of capital your company requirements.
Capchase works with these users and organization types: Mid Size Organization, 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
company the response how about the best of
you’re right with conventional financing
that’s not actually a choice until now
keep your 100 with cap chase we use data
to make financing quicker fairer and more
flexible based upon your future
foreseeable earnings and after that we cover it
all up with a single transparent cost
Let’s get this party started at
There is constantly a point in time when a start-up’s creators, senior management group, and leading finance executives evaluate techniques for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can speed up development and result in quantifiable and achievable success. Eventually, financing supervisors and the strategic planning group have to select the right financing source to assist the company reach its objectives.
that management sets for the company. Weighing the risks and competitive hazards in a balanced and intelligent way is crucial as it can choose the future of your company The ramifications of selling equity, handling irregular cash flow, interest rate motions, and the requirement to make prompt payments to lenders are among the elements to think about, just to name a few.
That said, with the rise of new and more advanced financing options that put business interests of start-ups and midsize companies first, there’s normally a way to find out a solution that’s an excellent fit. It is very important to examine the different funding choices that are offered to a business’s creators, management accounting professionals, 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 repeating Revenue companies essentially assisting companies grow without quiting that precious Equity you took so long to build Miguel welcome to traction thank you a lot 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 excited 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 first time creator very first time creator it’s like you hit a home run out of the park out of the gates I like it man that’s incredible well as soon as they won you understand like it’s never the Crowning achievement never like never ever counts until the video game is over right essentially so so so yeah um we are 4 co-founders you understand and it’s amusing since we’ve all met through initially as friends you know and then as co-founder so uh there’s three of us that collaborate at the same SAS business in in Spain so we all joined when it was extremely early I signed up with as the very first individual in sales and there are two individuals joined us that as item supervisors generally and we see the business from no to a couple of million err over three years and after that we left um at the same time approximately I went to service 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 later on so when I go to organization school I I entered into Harvard and you know I was very delighted about it my whole goal was to go there to learn more about how to end up being a founder and after that hopefully release something upon graduation and the one that I landed there I was investigating already a concept with among 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 know that was the start of the newbie and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a great deal of sequential payments you know and circular payments between companies and today you simply have to wait on that series to develop or you understand like there’s nobody streamlining those circular payments so we considered hello why don’t we do something similar to like a split smart or business in verticals such as you know fried or Logistics or building you know you have a lots of parties that need to wait for different payments like they’re all involved in one way or another so picture you have a platform and then you have company a post Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Business B zero they would get they would pay no or get no and after that business C we get a hundred dollars so when we’re talking with big companies they all enjoyed it however it was the typical like cold start problem I’m like hey this is great when everybody remains in the platform but until then it’s it’s quite tough to get individuals to do anything so it was everything about hi 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 all about getting more information and to get more data we got to 2 conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the people or information give us data in order to get funding so you know we began doing that like exploring more and more and more and then what we require what we saw is that we knew more about sales than anything else we were truly interested in fintech and specifically in financing and you know like we would look at various modes various verticals and so on for 2 weeks at a time if we found enough stuff we would choose 2 more weeks if we didn’t would cut it and then in January 2020 we had the the idea you know which is funny of offering this this SAS business at all so they might extend terms to the consumers but always get the cash up front so we’re fixing the funding payment assets companies have which is they have in advance costs to acquire consumers and after that they get paid months of the month right so to avoid that money card that every SAS business faces and that we faced in the past in the previous experience the objective was to provide a tool so they could state to the client hi look the cost is 100
annually and if you want to pay regular monthly fantastic use capshase you understand um and after that Founders love that they were like hi people this is incredible this is the Holy Grail of SAS due to the fact that I have to do discount rates so my ACV boosts and I can close sales quicker due to the fact that I’m providing flexible payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle generally it resembles a compromise you know and then the next thing they stated was like hello why don’t I do this for all my customer base instead of for every single new client that I solve so why do not I do this for my 300 consumers 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 desired was to transform their ARR or the customer base into in advance financing to be less depending on Equity as I said the starting yeah fine 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 later on which’s when the fourth co-founder joined who has a buddy at HBS and then male we started dealing with it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re sitting on ARR we know the business’s uh churn we understand the company’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 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 business intentionally right so we resisted the
desire to work and go with financing you know with any vertical we only deal with SAS so our objective is to establish numerous products for SAS so we start with financing and it’s excellent because business really rely on us we really like a partner and we we help them to not simply get funding however work better in a more effective method and through that we’re discovering you know opportunities to broaden you understand in the transaction of a SAS product