It can be challenging to choose the financing model … Capchase Founded .
Receive up to a year of upfront capital immediately, providing you the versatile funding you need to grow your company and scale. We supply the necessary financing you need at that minute. Within 24 hours, we evaluate the financing needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Company, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s much 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 actually a choice previously
keep your 100 with cap chase we utilize information
to make funding quicker fairer and more
versatile based upon your future
predictable profits and after that we wrap it
all up with a single transparent cost
Let’s get this party started at
There is always a time when a start-up’s creators, senior management team, and top financing executives examine methods for how to scale the company to the next level and catalog what’s required to do that effectively. Securing financing at an early stage can speed up development and result in achievable and quantifiable success. Eventually, financing managers and the strategic preparation group have to decide on the right funding source to help the business reach its goals.
that management sets for the company. Weighing the threats and competitive risks in a well balanced and smart method is vital as it can decide the future of your company The implications of selling equity, handling inconsistent capital, rates of interest movements, and the need to make prompt payments to loan providers are amongst the aspects to think about, simply to name a few.
That said, with the rise of brand-new and more advanced funding choices that put the business interests of start-ups and midsize business first, there’s generally a method to find out an option that’s an excellent fit. It’s important to examine the different funding options that are available to a business’s founders, management accounting professionals, and financing 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 delighted to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for repeating Revenue business generally assisting companies grow without quiting that precious Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s excellent to be here yeah I’m very delighted 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 Founders why cap Chase what else did you consider from what I comprehended you’re a very first time founder first time creator it’s like you hit a crowning achievement out of the park out of evictions I like it man that’s amazing well as soon as they won you know like it’s never ever the Home Run never ever like never counts up until the video 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 first as buddies you know and then as co-founder so uh there’s 3 of us that interact at the very same SAS company in in Spain so we all signed up with when it was very early I signed up with as the first individual in sales and there are 2 individuals joined us that as item supervisors essentially and we see the business from zero to a couple of million err over 3 years and after that we left um at the same time approximately I went to organization school and I went to organization school on the other one went to do a stint in VC with the goal of going to service school later on so when I go to business school I I got into into Harvard and you know I was extremely delighted about it my whole objective was to go there to read more about how to become a founder and after that hopefully release something upon graduation and the one that I landed there I was researching currently a concept with one of these co-founders and it was genuine concept it had nothing to do or really little to do with what we’re doing now but you know that was the start of the journey and the newbie Journey or the Insight that we had was that hey there remain in specific verticals there are a great deal of consecutive payments you know and circular payments in between companies and right now you just need to await that sequence to develop or you understand like there’s no one streamlining 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 know you have a ton of celebrations that need to wait for 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 Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Business B absolutely no they would get they would pay no or get zero and then business C we get a hundred dollars so when we’re speaking to large business they all liked it but it was the typical like cold start issue I resemble hey this is great when everyone remains in the platform however 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 data how can we kind of kick start this platform um without using the platform to start with so it was all about getting more data and to get more information we got to two conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we offer a funding we have a financing and we get the individuals or information give 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 specifically in financing and you understand like we would take a look at different modes various verticals and so on for 2 weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is amusing of providing this this SAS business at all so they might extend terms to the consumers however constantly get the money up front so we’re resolving the funding payment properties business have which is they have in advance expenses to acquire clients and after that they get paid 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 objective was to give them a tool so they might say to the client hello look the rate is 100
each year and if you wish to pay monthly fantastic usage capshase you know um and then Creators love that they resembled hello people this is fantastic this is the Holy Grail of SAS since I need to do discounts so my ACV boosts and I can close sales faster because I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle usually it’s like a compromise you know and then the next thing they said was like hi why don’t I do this for all my consumer base instead of for each brand-new customer that I get right so why don’t I do this for my 300 clients instead of doing it for the internet for the 10 brand-new consumers I get months of a month so then we saw what they wanted was to convert their ARR or the consumer 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 begin with and after that we’re going to discover a lot so we’re gon na do the rest afterwards which’s when the 4th co-founder joined who has a buddy at HBS and after that guy we began dealing with it like crazy and and left what is your long-lasting Vision so it began with you know 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 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 method with such companies intentionally right so we withstood the
desire to work and go with financing you understand with any vertical we just deal with SAS so our goal is to establish several items for SAS so we start with funding and it’s excellent since business really depend on us we truly like a partner and we we help them to not just get financing but work much better in a more efficient method and through that we’re discovering you understand opportunities to broaden you know in the transaction of a SAS item