It can be challenging to select the financing model … Revenue Based Lenders .
Receive up to a year of in advance capital instantly, giving you the versatile financing you require to grow your business and scale. We offer the needed funding you need at that minute. Within 24 hours, we examine the financing required and deposit it immediately to your account.
Capchase works with these users and company types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the answer how about the very best of
you’re right with traditional funding
that’s not truly an option previously
keep your 100 with cap chase we utilize information
to make financing much faster fairer and more
flexible based on your future
foreseeable revenue and then we wrap it
all up with a single transparent fee
so let’s get this celebration started at
There is always a point in time when a start-up’s creators, senior management team, and leading finance executives evaluate methods for how to scale the business to the next level and brochure what’s required to do that successfully. Securing funding at an early stage can speed up development and lead to measurable and attainable success. Ultimately, finance supervisors and the strategic planning group need to select the right funding source to help the company reach its objectives.
that management sets for the organization. Weighing the risks and competitive risks in a balanced and intelligent method is crucial as it can choose the future of your company The implications of selling equity, managing irregular capital, rate of interest movements, and the need to make prompt payments to lenders are amongst the elements to think about, just to name a few.
That stated, with the increase of brand-new and more sophisticated financing choices that put business interests of start-ups and midsize companies first, there’s normally a way to determine an option that’s a good fit. It is necessary to examine the different funding choices that are offered to a business’s creators, management accountants, and financing officers and what considerations they need to make for both the long and short term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for recurring Income companies basically helping business grow without quiting 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 fantastic to be here yeah I’m very delighted to share more incredible I’m thrilled to enter 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 creator very first time founder it resembles you hit a home run 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 the Crowning achievement never ever like never ever counts till the video game is over ideal generally so so so yeah um we are four co-founders you understand and it’s funny because we’ve all met through initially as friends you understand and then as co-founder so uh there’s three of us that work together at the exact same SAS business in in Spain so all of us joined when it was extremely early I joined as the very first person in sales and there are 2 individuals joined us that as item supervisors generally and we see the company from no to a couple of million err over 3 years and after that we left um at the same time roughly I went to business school and I went to company 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 got into into Harvard and you know I was extremely thrilled about it my whole objective was to go there to find out more about how to become a founder and then ideally introduce something upon graduation and the one that I landed there I was researching already a concept with one of these co-founders and it was authentic idea it had nothing to do or really little to do with what we’re doing now but you understand that was the start of the journey and the novice Journey or the Insight that we had was that hey there are in specific verticals there are a great deal of consecutive payments you know and circular payments between business and today you simply have to await that sequence to develop or you understand like there’s nobody simplifying those circular payments so we thought about hey why don’t we do something similar to like a split wise or companies in verticals such as you understand fried or Logistics or building you know you have a ton of celebrations that need to wait for different payments like they’re all involved in 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 company.
a would pay a hundred the platform Company B absolutely no they would get they would pay no or receive no and then company C we get a hundred dollars so when we’re talking with big business they all loved it however it was the common like cold start problem I’m like hey this is great when everybody’s in the platform however till then it’s it’s quite difficult to get people to do anything so it was everything about hello how do we get more information how can we sort 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 two conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we provide a financing we have a funding and we get the information or individuals give 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 need what we saw is that we knew more about sales than anything else we were actually interested in fintech and particularly in funding and you understand like we would look at different modes different verticals and so on for two weeks at a time if we discovered enough stuff we would opt for two more weeks if we didn’t would cut it and then in January 2020 we had the the idea you know which is amusing of providing this this SAS companies at all so they might extend terms to the customers however always get the money up front so we’re resolving the financing payment possessions companies have which is they have upfront expenses to acquire consumers and after that they earn money months of the month right so to prevent that money card that every SAS company deals with and that we dealt with in the past in the previous experience the goal was to provide a tool so they might state to the consumer hello look the cost is 100
annually and if you wish to pay regular monthly fantastic usage capshase you understand um and then Founders like that they resembled hello people this is fantastic 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 offering flexible payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle normally it resembles a trade-off you understand and then the next thing they said resembled hi why don’t I do this for all my client base instead of for every single brand-new client that I solve so why do not I do this for my 300 clients instead of doing it for the internet for the 10 brand-new clients I get months of a month so then we saw what they desired was to transform their ARR or the client base into upfront financing to be less depending on Equity as I stated the starting yeah all right this is what we’re going to start with and after that we’re going to find out so much so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a buddy at HBS and after that guy we started working on it like crazy and and dropped out what is your long-term Vision so it began with you know you arrived on this hate you if you’re sitting on ARR we know the business’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 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 way with such business intentionally right so we withstood the
urge to work and go with financing you know with any vertical we just work with SAS so our goal is to develop numerous products for SAS so we start with funding and it’s excellent due to the fact that companies actually depend on us we really like a partner and we we help them to not just get funding however work better in a more efficient method and through that we’re discovering you understand opportunities to broaden you know in the transaction of a SAS product