It can be challenging to choose the financing model … Non-dilutive Grant .
Receive up to a year of in advance capital immediately, giving you the versatile financing you require to grow your service and scale. We offer the essential financing you require at that minute. Within 24 hours, we assess the funding needed and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Organization, Small Business, Business, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the very best of
you’re right with traditional financing
that’s not truly a choice until now
keep your 100 with cap chase we utilize information
to make financing quicker fairer and more
flexible based upon your future
foreseeable profits and then we wrap it
all up with a single transparent charge
so let’s get this celebration began at
There is constantly a time when a start-up’s founders, senior management team, and top financing executives evaluate methods for how to scale the company to the next level and brochure what’s needed to do that effectively. Protecting funding at an early stage can speed up development and result in obtainable and quantifiable success. Eventually, financing managers and the tactical planning team need to decide on the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the threats and competitive hazards in a well balanced and intelligent way is important as it can decide the future of your company The implications of offering equity, managing irregular capital, rates of interest movements, and the need to make prompt payments to loan providers are amongst the factors to consider, just among others.
That stated, with the rise of new and more sophisticated financing alternatives that put the business interests of start-ups and midsize companies initially, there’s generally a method to find out an option that’s a great fit. It is necessary to examine the different funding options that are available to a company’s founders, management accounting professionals, 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 excited to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive growth capital for recurring Income business generally assisting business grow without quiting 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 very excited to share more incredible I’m excited 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 understood you’re a very first time founder very first time founder it’s like you struck a crowning achievement out of the park out of the gates I love it man that’s amazing well as quickly as they won you understand like it’s never ever the Crowning achievement never like never counts up until the game is over best essentially so so so yeah um we are 4 co-founders you understand and it’s amusing since we have actually all satisfied through initially as pals you understand and after that as co-founder so uh there’s 3 people that work together at the very same SAS business in in Spain so all of us joined when it was really early I signed up with as the first individual in sales and there are 2 people joined us that as item managers essentially and we see the company from no to a couple of million err over 3 years and then we left um at the same time roughly I went to company 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 later on so when I go to service school I I entered into Harvard and you know I was really excited about it my entire objective was to go there to get more information about how to become a founder and then ideally introduce something upon graduation and the one that I landed there I was researching already an idea with among these co-founders and it was authentic idea it had nothing to do or extremely little to do with what we’re doing now however you know that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of sequential payments you know and circular payments between companies and today you simply have to wait for that sequence to establish or you understand like there’s no one simplifying those circular payments so we thought of hey why do not we do something similar to like a split wise 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 for various payments like they’re all involved in one way or another so envision you have a platform and then you have company a post Business B 100 and Company B Home Company c a hundred dollars in reality with this platform what would occur is a company.
a would pay a hundred the platform Business B zero they would get they would pay no or receive zero and after that company C we get a hundred dollars so when we’re talking to large companies they all loved it however it was the common like cold start issue I’m like hey this is terrific when everyone’s in the platform however till then it’s it’s pretty difficult to get individuals to do anything so it was everything about hey how do we get more information how can we type of begin this platform um without using the platform to start with so it was everything about getting more data and to get more information we got to 2 conclusions it resembles 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 people or information provide us data in order to get financing so you know we started doing that like checking out increasingly more and more and then what we require what we saw is that we understood more about sales than anything else we were actually thinking about fintech and specifically in funding and you know like we would take a look at different modes various verticals and so on for two weeks at a time if we found enough stuff we would opt for 2 more weeks if we didn’t would suffice and then in January 2020 we had the the concept you understand which is funny of offering this this SAS business at all so they might extend terms to the customers however always get the cash up front so we’re resolving the funding payment assets business have which is they have upfront expenses to obtain clients and after that they get paid months of the month right so to avoid that money card that every SAS company faces and that we faced in the past in the previous experience the objective was to provide a tool so they could say to the consumer hi look the cost is 100
annually and if you wish to pay regular monthly terrific use capshase you understand um and after that Founders love that they were like hi people this is fantastic this is the Holy Grail of SAS because I need to do discounts so my ACV increases and I can close sales faster since I’m using versatile payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle usually it’s like a compromise you know and then the next thing they stated resembled hello why don’t I do this for all my consumer base instead of for each brand-new client that I solve so why don’t I do this for my 300 customers 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 customer base into upfront funding to be less based on Equity as I stated the starting yeah alright 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 later on and that’s when the fourth co-founder joined who has a friend at HBS and then man we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it started with you know you arrived at this hate you if you’re sitting on ARR we understand the company’s uh churn we understand 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 only method with such companies intentionally right so we withstood the
urge to go and work with financing you know with any vertical we just deal with SAS so our objective is to establish multiple items for SAS so we start with financing and it’s great because companies really count on us we truly like a partner and we we help them to not simply get funding but work better in a more efficient way and through that we’re discovering you know opportunities to expand you understand in the deal of a SAS product