It can be challenging to select the funding model … Revenue-based Financing Support .
Get up to a year of upfront capital immediately, offering you the versatile financing you need to grow your company and scale. We provide the necessary financing you require at that moment. Within 24 hours, we examine the financing required and deposit it quickly to your account.
Capchase works with these users and organization types: Mid Size Business, Small Business, Business, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the best of
you’re right with standard financing
that’s not actually an option previously
keep your 100 with cap chase we use information
to make financing much faster fairer and more
versatile based on your future
predictable revenue and then we cover it
all up with a single transparent charge
so let’s get this party began at
There is constantly a point in time when a start-up’s creators, senior management group, and top finance executives evaluate techniques for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can accelerate development and result in measurable and obtainable success. Ultimately, financing managers and the strategic preparation team need to decide on the right financing source to help the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive threats in a intelligent and balanced way is essential as it can choose the future of your business The implications of offering equity, managing inconsistent cash flow, interest rate movements, and the requirement to make timely payments to lenders are amongst the factors to consider, just among others.
That stated, with the rise of new and more advanced financing choices that put the business interests of start-ups and midsize companies first, there’s typically a way to figure out an option that’s a great fit. It is essential to investigate the various financing alternatives that are offered to a business’s creators, management accountants, and financing officers and what considerations they require to make for both the long and short term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive growth capital for repeating Profits business essentially helping companies grow without giving up that valuable Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m really delighted 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 comprehended you’re a very first time creator first time creator it’s like you struck a crowning achievement out of the park out of evictions I love it man that’s fantastic well as soon as they won you understand like it’s never 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 know and it’s amusing because we’ve all fulfilled through first as friends you understand and then as co-founder so uh there’s 3 people that interact at the same SAS company in in Spain so we all signed up with when it was extremely early I signed up with as the first person in sales and there are 2 individuals joined us that as product supervisors generally and we see the business from absolutely no to a couple of million err over three years and after that we left um at the same time approximately I went to company school and I went to service 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 into Harvard and you know I was really delighted about it my whole objective was to go there for more information about how to end up being a founder and then ideally launch something upon graduation and the one that I landed there I was investigating already 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 know that was the beginning of the journey and the beginner Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of sequential payments you understand and circular payments between companies and today you simply need to wait on that sequence to establish or you know like there’s nobody simplifying those circular payments so we thought about hey why do not 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 lots of celebrations that need to wait on different 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 Business c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Business B zero they would get they would pay absolutely no or receive zero and after that business C we get a hundred dollars so when we’re talking with large companies they all loved it however it was the typical like cold start issue I’m like hey this is excellent when everyone’s in the platform however up until then it’s it’s quite hard to get individuals to do anything so it was everything about hey how do we get more data how can we type of begin this platform um without utilizing the platform to start with so it was everything about getting more data and to get more information we got to two conclusions it’s like we either get information through using an Analytics tool a workflow tool or we offer a funding we have a financing and we get the individuals or data give us data in order to get financing so you understand we started doing that like exploring a growing number of and more and then 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 funding and you understand like we would look at different modes various verticals and so on for two weeks at a time if we discovered enough things we would choose two more weeks if we didn’t would suffice 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 however constantly get the cash in advance so we’re solving the financing payment properties companies have which is they have upfront costs to obtain consumers and then they make money months of the month right so to prevent that cash card that every SAS company deals with which we faced in the past in the previous experience the goal was to give them a tool so they might state to the client hi look the price is 100
annually and if you wish to pay regular monthly great usage capshase you know um and after that Founders love that they were like hi men this is amazing this is the Holy Grail of SAS since I need to do discount rates 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 reduce cell cycle usually it’s like a trade-off you understand and after that the next thing they said was like hello why don’t I do this for all my client base instead of for each new consumer that I solve so why do not 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 convert their ARR or the customer base into in advance funding to be less based on Equity as I stated the starting yeah okay this is what we’re going to begin with and then we’re going to learn a lot so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a friend 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 understand you arrived at this hate you if you’re resting on ARR we know the company’s uh churn we understand the business’s retention gross margins Etc so I can take their ARR and lend them in advance x times times x ARR or times x mrr but 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 companies right like we only method with such business intentionally right so we withstood the
urge to go and work with funding you know with any vertical we just deal with SAS so our goal is to develop several items for SAS so we start with funding and it’s terrific due to the fact that business really count on us we actually like a partner and we we help them to not just get financing however work much better in a more effective method and through that we’re finding you know chances to broaden you understand in the deal of a SAS product