It can be challenging to choose the financing model … Non Dilutive Funding .
Get up to a year of in advance capital immediately, giving you the flexible financing you require to grow your business and scale. We offer the needed funding you need at that moment. Within 24 hours, we assess the financing needed and deposit it immediately to your account.
Capchase deals with these users and company types: Mid Size Company, Small Business, Business, 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 conventional financing
that’s not truly a choice previously
keep your 100 with cap chase we use information
to make funding quicker fairer and more
flexible based upon your future
predictable earnings and after that we cover it
all up with a single transparent charge
so let’s get this party began at
There is always a moment when a start-up’s founders, senior management group, and top financing executives examine 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 result in obtainable and measurable success. Ultimately, financing supervisors and the tactical planning team need to pick the right funding source to help the company reach its goals.
that management sets for the company. Weighing the dangers and competitive dangers in a intelligent and balanced way is crucial as it can decide the future of your company The ramifications of selling equity, handling irregular capital, rates of interest motions, and the requirement to make prompt payments to loan providers are among the factors to consider, just to name a few.
That stated, with the increase of brand-new and more advanced funding options that put business interests of start-ups and midsize business first, there’s normally a method to figure out a solution that’s a great fit. It’s important to examine the various funding alternatives that are readily available to a company’s founders, management accountants, and financing officers and what factors to consider they need to make for both the brief and long 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 growth capital for recurring Earnings business basically assisting companies grow without giving up 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 really delighted to share more amazing I’m delighted to get into 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 understood you’re a first time founder very first time creator it resembles you hit a crowning achievement out of the park out of the gates I enjoy it man that’s fantastic well as quickly as they won you know like it’s never the Home Run never ever like never counts until the video game is over right generally so so so yeah um we are four co-founders you understand and it’s funny since we’ve all met through initially as pals you understand and then as co-founder so uh there’s 3 of us that interact at the very same SAS company in in Spain so all of us joined when it was really early I joined as the very first individual in sales and there are 2 individuals joined us that as product supervisors basically and we see the business from zero to a couple of million err over three years and then we left um at the same time roughly I went to company school and I went to service school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to company school I I got into into Harvard and you know I was extremely excited about it my whole goal was to go there to find out more about how to end up being a founder and then ideally release something upon graduation and the one that I landed there I was researching currently a concept with among these co-founders and it was authentic concept it had absolutely nothing to do or extremely little to do with what we’re doing now but you understand that was the beginning of the journey and the newbie Journey or the Insight that we had was that hey there remain in certain verticals there are a great deal of sequential payments you understand and circular payments in between companies and right now you simply have to wait for that series to develop or you understand like there’s nobody simplifying those circular payments so we thought of hey why don’t we do something comparable to like a split wise or companies in verticals such as you understand fried or Logistics or building and construction you know you have a ton of celebrations that have to wait for various payments like they’re all associated with one way or another so envision 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 take place is a business.
a would pay a hundred the platform Company B zero they would get they would pay no or receive zero and then business C we get a hundred dollars so when we’re talking to large business they all loved it but it was the common like cold start issue I resemble hey this is fantastic when everybody’s in the platform however up until then it’s it’s pretty tough to get individuals to do anything so it was all about hi 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 all about getting more data and to get more information we got to 2 conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we provide a funding we have a financing and we get the information or individuals give us information in order to get financing so you know we started doing that like checking out a growing number of and more and then what we need what we saw is that we understood more about sales than anything else we were truly interested in fintech and specifically in funding and you know like we would take a look at various modes different verticals and so on for two weeks at a time if we discovered enough stuff we would go for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the concept you know which is amusing of offering this this SAS business at all so they could extend terms to the customers but always get the cash in advance so we’re fixing the financing payment possessions companies have which is they have upfront expenses to get clients and then they make money months of the month right so to prevent that cash card that every SAS business deals with which we dealt with in the past in the previous experience the objective was to give them a tool so they might state to the customer hello look the cost is 100
each year and if you want to pay regular monthly fantastic use capshase you know um and then Founders enjoy that they were like hey people this is incredible this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV boosts and I can close sales quicker because I’m providing flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle usually it’s like a trade-off you understand and after that the next thing they stated resembled hello why do not I do this for all my customer base instead of for each brand-new consumer that I solve so why don’t I do this for my 300 consumers instead of doing it for the internet 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 upfront financing 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 so much so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a pal at HBS and then man we started working on 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 know the company’s uh churn we understand the company’s retention gross margins And so on so I can take their ARR and lend them in advance x times times x ARR or times x mrr however 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 business right like we just way with such companies deliberately right so we withstood the
urge to go and work with financing you understand with any vertical we only work with SAS so our goal is to establish numerous items for SAS so we start with funding and it’s fantastic due to the fact that business really count on us we truly like a partner and we we help them to not just get financing but work better in a more effective method and through that we’re discovering you know opportunities to broaden you know in the deal of a SAS product