It can be challenging to pick the financing model … Grr Finance .
take advantage of non-dilutive development capital on-demand. Receive approximately a year of upfront capital immediately, offering you the flexible financing you require to grow your organization and scale. Select unsettled billings or recently paid expenditures, and choose payment terms of 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even annual contracts, adjusting to satisfy your needs. We offer the needed funding you need at that moment. Your cash works for you instead of sitting idle. Within 24 hr, we evaluate the financing needed and deposit it instantly to your account. Our user friendly interface allows you to understand and handle all your accounts and deals. Gain access to more capital as you scale. We are your partner every action of the method, lowering our rates the longer we collaborate. Your information allows us to rapidly provide you with the right amount of capital your business needs.
Capchase works with these users and organization types: Mid Size Service, Small Company, 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 very best of
both
you’re right with traditional financing
that’s not really an option until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based upon your future
foreseeable income and then we cover it
all up with a single transparent cost
so let’s get this celebration started at
There is always a time when a start-up’s founders, senior management group, and top finance executives evaluate strategies for how to scale the business to the next level and brochure what’s required to do that successfully. Protecting financing at an early stage can accelerate growth and cause achievable and measurable success. Ultimately, finance managers and the strategic planning team have to choose the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the risks and competitive threats in a balanced and smart way is vital as it can choose the future of your company The implications of selling equity, handling irregular capital, rate of interest motions, and the need to make timely payments to lenders are amongst the factors to consider, simply to name a few.
That stated, with the increase of new and more sophisticated funding options that put the business interests of start-ups and midsize business first, there’s normally a way to find out an option that’s a great fit. It is very important to examine the different funding options that are readily available to a company’s founders, management accountants, and financing officers and what considerations they need to make for both the short and long term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive development capital for repeating Earnings business generally helping business grow without quiting that valuable Equity you took so long to construct Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m really thrilled to share more incredible I’m excited to enter into your backstory so let’s kick this off how did you come together with your Creators 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 struck a crowning achievement out of the park out of evictions I love it man that’s remarkable well as soon as they won you understand like it’s never ever the Crowning achievement never like never ever counts till the video game is over best generally so so so yeah um we are four co-founders you know and it’s amusing because we’ve all met through initially as buddies you know and after that as co-founder so uh there’s three of us that collaborate at the exact same SAS company in in Spain so all of us signed up with when it was extremely early I joined as the very first individual in sales and there are 2 individuals joined us that as item supervisors essentially and we see the business from absolutely no to a couple of million err over three years and then we left um at the same time roughly I went to service 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 organization school I I entered into into Harvard and you know I was extremely excited about it my whole goal was to go there for more information about how to end up being a creator and then ideally launch something upon graduation and the one that I landed there I was researching already a concept with among these co-founders and it was authentic idea it had 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 newbie Journey or the Insight that we had was that hey there remain in particular verticals there are a great deal of consecutive 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 thought about hi why don’t we do something comparable to like a split smart or business in verticals such as you understand fried or Logistics or construction you know you have a lots of celebrations that need to wait on various payments like they’re all associated with one way or another so picture you have a platform and then you have company a post Company B 100 and Company B Home 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 zero or get absolutely no and then business C we get a hundred dollars so when we’re speaking to big companies they all loved it but it was the typical like cold start problem I resemble hey this is great when everybody’s in the platform but until then it’s it’s quite difficult to get people to do anything so it was all about hello 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 everything about getting more information and to get more data we got to 2 conclusions it resembles we either get data through providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the people or data give us information in order to get financing so you understand we started 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 thinking about 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 discovered enough stuff we would opt for 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of using this this SAS business at all so they could extend terms to the customers however constantly get the money in advance so we’re fixing the financing payment properties business have which is they have upfront costs to obtain consumers and then they get paid months of the month right so to prevent 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 might say to the customer hello look the rate is 100
per year and if you wish to pay month-to-month great usage capshase you understand um and after that Founders enjoy that they resembled hey men this is amazing 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 since I’m offering versatile payment terms so it resembles the Holy Grail you know you increase ACV you decrease cell cycle usually it resembles a compromise you understand and after that the next thing they stated resembled hello why do not I do this for all my consumer base instead of for every single brand-new consumer that I get right so why don’t I do this for my 300 consumers instead of doing it for the net for the 10 new customers I get months of a month so then we saw what they desired was to transform their ARR or the consumer base into in advance financing to be less depending on Equity as I stated the starting yeah fine this is what we’re going to begin with and then we’re going to learn so much so we’re gon na do the rest afterwards and that’s when the fourth co-founder joined who has a good friend at HBS and after that male we started dealing with it like crazy and and left what is your long-lasting Vision so it began with you know you landed on this hate you if you’re resting on ARR we understand the company’s uh churn we understand the company’s retention gross margins Etc 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-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
urge to work and go with financing you understand with any vertical we just work with SAS so our objective is to develop several products for SAS so we start with funding and it’s terrific because business actually count on us we truly like a partner and we we help them to not simply get financing however work much better in a more efficient way and through that we’re discovering you know chances to broaden you know in the transaction of a SAS item