It can be challenging to select the financing model … Revenue Based Financing .
take advantage of non-dilutive development capital on-demand. Receive approximately a year of in advance capital instantly, offering you the flexible funding you need to grow your service and scale. Select unsettled billings or just recently paid expenses, and select payment terms of 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even annual contracts, adjusting to satisfy your demands. We provide the required financing you require at that moment. Your cash works for you instead of sitting idle. Within 24 hours, we assess the financing needed and deposit it instantly to your account. Our user friendly user interface permits you to understand and manage all your deals and accounts. Gain access to more capital as you scale. We are your partner every step of the method, lowering our rates the longer we interact. Your data enables us to rapidly supply you with the right amount of capital your service requirements.
Capchase works with these users and company types: Mid Size Business, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the best of
you’re right with standard financing
that’s not truly a choice until now
keep your 100 with cap chase we utilize data
to make funding quicker fairer and more
flexible based upon your future
predictable revenue and after that we wrap it
all up with a single transparent cost
Let’s get this celebration began at
There is always a moment when a start-up’s founders, senior management team, and leading finance executives evaluate methods for how to scale the company to the next level and brochure what’s needed to do that effectively. Securing funding at an early stage can speed up development and lead to obtainable and quantifiable success. Ultimately, financing managers and the tactical planning group need to choose the right funding source to help the business reach its goals.
that management sets for the organization. Weighing the threats and competitive risks in a intelligent and well balanced way is important as it can decide the future of your company The implications of offering equity, handling inconsistent cash flow, rates of interest motions, and the requirement to make timely payments to loan providers are among the elements to consider, simply to name a few.
That said, with the rise of brand-new and more advanced funding alternatives that put the business interests of start-ups and midsize companies initially, there’s typically a way to find out a service that’s a good fit. It’s important to examine the various financing choices that are available to a company’s creators, management accounting professionals, and finance officers and what considerations they require to make for both the short and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for recurring Earnings business basically helping business grow without quiting that precious 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 great to be here yeah I’m extremely thrilled to share more awesome I’m delighted 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 first time creator very first time founder it’s like you hit a crowning achievement out of the park out of the gates I love it man that’s incredible well as soon as they won you understand like it’s never ever the Crowning achievement never like never counts until the video game is over ideal generally so so so yeah um we are four co-founders you know and it’s funny since we have actually all satisfied through initially as friends you understand and then as co-founder so uh there’s 3 people that work together at the same SAS company in in Spain so all of us joined when it was extremely early I signed up with as the first individual in sales and there are two individuals joined us that as product managers generally 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 organization school on the other one went to do a stint in VC with the goal of going to organization school afterwards so when I go to company school I I entered into Harvard and you know I was extremely delighted about it my whole objective was to go there for more information about how to become a creator and then hopefully release something upon graduation and the one that I landed there I was investigating currently a concept 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 understand that was the start of the newbie and the journey Journey or the Insight that we had was that hey there are in particular verticals there are a lot of sequential payments you understand and circular payments between companies and today you just need to await that sequence to establish or you know like there’s no one simplifying those circular payments so we considered hello why don’t we do something similar to like a split wise or companies in verticals such as you know fried or Logistics or building and construction you know you have a ton of celebrations that need to wait on various payments like they’re all associated with one way or another so envision you have a platform and after that you have company a post Company B 100 and Company B House 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 absolutely no they would get they would pay zero or get zero and then company C we get a hundred dollars so when we’re talking with large business they all liked it however it was the typical like cold start issue I’m like hey this is fantastic when everybody’s in the platform but until then it’s it’s pretty difficult to get people to do anything so it was everything about hi how do we get more data how can we type of kick start 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 two conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we provide a funding we have a funding and we get the people or information provide us information in order to get funding so you know we started doing that like checking out increasingly more and more and then what we need 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 2 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 funny of using this this SAS business at all so they could extend terms to the clients however always get the money in advance so we’re resolving the financing payment possessions business have which is they have upfront costs to get customers and after that they earn money months of the month right so to avoid that cash card that every SAS business faces and that we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the consumer hi look the cost is 100
per year and if you wish to pay regular monthly great usage capshase you know um and after that Creators enjoy that they were like hi men this is incredible this is the Holy Grail of SAS because I need to do discount rates so my ACV boosts and I can close sales much faster because I’m using flexible payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle normally it’s like a trade-off you know and then the next thing they stated was like hello why don’t I do this for all my customer base instead of for every brand-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 brand-new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the customer base into in advance financing to be less based on Equity as I said the starting yeah okay this is what we’re going to start with and then we’re going to learn so much so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a pal at HBS and after that man we started dealing with it like crazy and and left 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 know the company’s uh churn we understand 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-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 only method with such business intentionally right so we resisted the
urge to work and go with financing you know with any vertical we only deal with SAS so our objective is to develop numerous items for SAS so we start with financing and it’s great since companies truly depend on us we truly like a partner and we we help them to not just get funding but work better in a more effective method and through that we’re finding you understand opportunities to broaden you understand in the transaction of a SAS product