It can be challenging to pick the financing model … Capchase Plus .
tap into non-dilutive growth capital on-demand. Receive as much as a year of in advance capital immediately, giving you the flexible funding you need to grow your organization and scale. Select overdue billings or just recently paid expenditures, and pick repayment terms of 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly contracts, adjusting to satisfy your demands. We supply the needed funding you require at that moment. Your cash works for you rather than sitting idle. Within 24 hours, we assess the funding required and deposit it instantly to your account. Our easy-to-use user interface allows you to understand and handle all your deals and accounts. Access more capital as you scale. We are your partner every step of the method, lowering our rates the longer we collaborate. Your data enables us to rapidly offer you with the right amount of capital your business needs.
Capchase works with these users and organization types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Government.
what’s much 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 funding
that’s not actually an alternative previously
keep your 100 with cap chase we use information
to make funding quicker fairer and more
versatile based upon your future
predictable earnings and then we cover it
all up with a single transparent fee
so let’s get this party started at
There is constantly a point in time when a start-up’s founders, senior management group, and top finance executives evaluate techniques for how to scale the business to the next level and brochure what’s needed to do that effectively. Securing financing at an early stage can speed up growth and cause achievable and quantifiable success. Eventually, financing managers and the tactical preparation team have to select the right financing source to help the company reach its objectives.
that management sets for the company. Weighing the risks and competitive dangers in a intelligent and well balanced method is important as it can choose the future of your business The implications of selling equity, managing irregular cash flow, rate of interest motions, and the requirement to make timely payments to lending institutions are among the elements to think about, simply to name a few.
That stated, with the rise of brand-new and more advanced funding options that put business interests of start-ups and midsize business first, there’s generally a method to determine a solution that’s an excellent fit. It is essential to examine the various financing choices that are readily available to a business’s founders, management accounting professionals, and financing officers and what considerations they need to make for 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 Earnings business basically assisting companies grow without giving up that valuable Equity you took so long to build Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m extremely excited to share more awesome I’m delighted 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 love it man that’s remarkable well as soon as they won you know like it’s never the Home Run never like never counts till the video game is over best essentially so so so yeah um we are 4 co-founders you know and it’s funny because we’ve all satisfied through initially as buddies you understand and then as co-founder so uh there’s 3 people that collaborate at the very same SAS business in in Spain so all of us joined when it was extremely early I signed up with as the first person in sales and there are 2 people joined us that as item supervisors basically and we see the company from zero to a few 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 business school on the other one went to do a stint in VC with the objective of going to organization school afterwards so when I go to business school I I entered into Harvard and you know I was really thrilled about it my whole goal was to go there for more information about how to become a creator and after that ideally release something upon graduation and the one that I landed there I was looking into currently an idea 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 however you understand that was the start of the journey and the novice 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 companies and today you just need to wait on that sequence to establish or you know like there’s nobody simplifying those circular payments so we considered hi why do not 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 parties that have to await various payments like they’re all associated with one way or another so picture you have a platform and after that you have company a post Company B 100 and Business B Home Business c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or receive absolutely no and then company C we get a hundred dollars so when we’re speaking to big business they all liked it however it was the normal like cold start issue I resemble hey this is fantastic when everyone remains in the platform but up until then it’s it’s quite hard to get people to do anything so it was all about hey how do we get more information 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 data we got to 2 conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we offer a financing we have a financing and we get the information or people offer us information in order to get financing so you know we began doing that like checking out increasingly more and more and after that what we need what we saw is that we understood more about sales than anything else we were actually interested in fintech and specifically in funding and you understand like we would take a look at different modes various verticals and so on for two weeks at a time if we discovered enough things we would opt for two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you understand which is funny of using this this SAS companies at all so they might extend terms to the consumers but constantly get the cash in advance so we’re resolving the financing payment assets companies have which is they have in advance expenses to acquire clients and then they get paid months of the month right so to prevent that money card that every SAS company deals with which we dealt with in the past in the previous experience the goal was to provide a tool so they could state to the consumer hi look the rate is 100
annually and if you wish to pay monthly great use capshase you know um and then Founders love that they were like hi people this is remarkable this is the Holy Grail of SAS since I have to do discount rates so my ACV increases and I can close sales much faster due to the fact that I’m offering flexible payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle usually it resembles a compromise you understand and after that the next thing they stated was like hey why don’t I do this for all my customer base instead of for every single brand-new client that I get right so why do not I do this for my 300 consumers instead of doing it for the web for the 10 brand-new customers I get months of a month so then we saw what they wanted was to convert their ARR or the client base into upfront funding to be less based on Equity as I stated 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 good friend at HBS and then male we started dealing with it like crazy and and dropped out what is your long-term Vision so it started with you understand you arrived on this hate you if you’re sitting on ARR we know the business’s uh churn we know the company’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 business so for us it’s it’s it’s or it’s all around SAS companies right like we only method with such business intentionally right so we withstood the
desire to go and work with funding you understand with any vertical we just work with SAS so our goal is to develop multiple products for SAS so we start with financing and it’s fantastic because business really depend on us we really like a partner and we we help them to not just get financing but work better in a more efficient method and through that we’re discovering you know opportunities to expand you understand in the deal of a SAS item