It can be challenging to choose the financing model … Capchase Growth .
Receive up to a year of in advance capital immediately, offering you the flexible funding you require to grow your organization and scale. We provide the necessary financing you require at that moment. Within 24 hours, we examine the funding required and deposit it immediately to your account.
Capchase works with these users and company types: Mid Size Company, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the response how about the best of
you’re right with standard financing
that’s not really a choice until now
keep your 100 with cap chase we use information
to make funding quicker fairer and more
versatile based on your future
foreseeable profits and after that we wrap it
all up with a single transparent charge
Let’s get this party started at
There is always a moment when a start-up’s founders, senior management group, and top finance executives assess methods for how to scale the business to the next level and catalog what’s needed to do that effectively. Securing funding at an early stage can speed up development and cause attainable and measurable success. Eventually, financing supervisors and the tactical preparation team need to decide on the right funding source to help the company reach its goals.
that management sets for the organization. Weighing the risks and competitive risks in a balanced and intelligent method is important as it can decide the future of your company The ramifications of selling equity, managing inconsistent capital, rates of interest motions, and the need to make timely payments to loan providers are amongst the elements to consider, simply among others.
That stated, with the rise of new and more advanced financing options that put the business interests of start-ups and midsize companies initially, there’s usually a way to determine a solution that’s an excellent fit. It is necessary to investigate the different financing options that are available to a business’s founders, management accountants, and finance officers and what considerations they need to make for both the long and brief 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 development capital for repeating Earnings companies basically assisting companies grow without quiting that valuable Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s terrific to be here yeah I’m extremely excited to share more awesome I’m thrilled to enter your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you think about from what I comprehended you’re a very first time creator very first time founder it resembles you hit a crowning achievement out of the park out of evictions I enjoy it man that’s fantastic well as soon as they won you understand like it’s never the Home Run never ever like never ever counts till the video game is over ideal basically so so so yeah um we are 4 co-founders you know and it’s funny due to the fact that we have actually all fulfilled through initially as pals you know and after that as co-founder so uh there’s three of us that interact at the very same SAS business in in Spain so we all signed up with when it was very early I joined as the first individual in sales and there are two individuals joined us that as item managers 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 roughly 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 service school afterwards so when I go to company school I I entered into into Harvard and you understand 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 looking into already an idea with one of these co-founders and it was genuine concept 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 specific verticals there are a lot of consecutive payments you know and circular payments between business and right now you simply have to wait on that series to develop or you understand like there’s nobody streamlining those circular payments so we thought about hello why don’t we do something similar to like a split sensible or companies in verticals such as you know fried or Logistics or construction you know you have a ton of parties that need to wait for various 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 Business B 100 and Company B House Business c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B absolutely no 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 to big companies they all loved it however it was the typical like cold start issue I’m like hey this is fantastic when everybody remains in the platform however until then it’s it’s pretty difficult to get individuals to do anything so it was everything about hey how do we get more data how can we sort of begin this platform um without utilizing the platform to start with so it was everything about getting more information and to get more data we got to 2 conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we provide a funding we have a funding and we get the information or individuals provide us data in order to get financing so you know we began doing that like checking out increasingly more and more and after that what we require what we saw is that we knew more about sales than anything else we were really interested in fintech and particularly in financing and you understand like we would take a look at different modes different verticals and so on for two weeks at a time if we found enough things we would choose 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you know which is funny of using this this SAS companies at all so they could extend terms to the customers but constantly get the cash up front so we’re resolving the funding payment assets business have which is they have upfront expenses to get consumers and after that they make money months of the month right so to avoid that money card that every SAS business faces and that we dealt with in the past in the previous experience the goal was to give them a tool so they could state to the consumer hey look the price is 100
per year and if you wish to pay month-to-month terrific usage capshase you know um and after that Founders enjoy that they were like hey guys this is amazing this is the Holy Grail of SAS since I have to do discount rates so my ACV boosts and I can close sales faster due to the fact that I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle usually it resembles a compromise you know and then the next thing they said was like hi why don’t I do this for all my customer base instead of for every new customer that I solve so why do not I do this for my 300 consumers instead of doing it for the net for the 10 new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the consumer base into in advance financing to be less based on Equity as I stated the starting yeah all right this is what we’re going to start with and after that we’re going to find out 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 began working on it like crazy and and dropped out what is your long-lasting Vision so it started with you know you landed on this hate you if you’re resting on ARR we understand the business’s uh churn we know 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 however what is a long-term 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 business intentionally right so we resisted the
desire to go and work with funding you understand with any vertical we just work with SAS so our objective is to establish multiple products for SAS so we begin with financing and it’s fantastic since business really depend on us we really 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 understand in the transaction of a SAS product