It can be challenging to select the funding model … Saas Finance 101 .
Receive up to a year of upfront capital right away, providing you the versatile financing you require to grow your service and scale. We supply the necessary funding you need at that moment. Within 24 hours, we assess the funding required and deposit it instantly to your account.
Capchase works with these users and company types: Mid Size Business, Small Company, Business, Freelance, Nonprofit, and Federal government.
what’s much 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 standard funding
that’s not really a choice previously
keep your 100 with cap chase we use data
to make financing much faster fairer and more
flexible based upon your future
predictable profits and then we wrap it
all up with a single transparent fee
Let’s get this party began at
There is always a point in time when a start-up’s founders, senior management group, and leading finance executives evaluate techniques for how to scale the business to the next level and brochure what’s required to do that successfully. Securing financing at an early stage can speed up growth and cause measurable and achievable success. Ultimately, financing managers and the strategic preparation team need to choose the right funding source to help the company reach its objectives.
that management sets for the company. Weighing the threats and competitive dangers in a intelligent and well balanced method is important as it can decide the future of your business The implications of selling equity, handling irregular cash flow, rate of interest movements, and the need to make prompt payments to lending institutions are among the factors to think about, simply among others.
That said, with the rise of new and more advanced financing choices that put business interests of start-ups and midsize companies first, there’s usually a way to find out an option that’s an excellent fit. It is necessary to investigate the different financing alternatives that are available to a business’s founders, management accounting professionals, and financing officers and what considerations they need to produce both the short and long term.
Lobo here co-founder at traction and boast AI delighted to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive development capital for repeating Profits companies generally helping business grow without giving up that valuable Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s fantastic to be here yeah I’m very excited to share more remarkable I’m excited 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 consider from what I understood you’re a first time founder very first time creator it resembles you struck a home run out of the park out of the gates I enjoy it man that’s amazing well as quickly as they won you know like it’s never the Home Run never ever like never counts till the game is over right basically so so so yeah um we are 4 co-founders you understand and it’s amusing because we have actually all fulfilled through initially as buddies you understand and after that as co-founder so uh there’s three people that collaborate at the exact same SAS business in in Spain so all of us joined when it was really early I signed up with as the very first individual in sales and there are two individuals joined us that as item managers basically and we see the company from no to a few million err over three years and then we left um at the same time approximately I went to company school and I went to company school on the other one went to do a stint in VC with the goal of going to business school later on so when I go to company school I I entered into Harvard and you know I was extremely thrilled about it my whole objective was to go there to read more about how to become a founder and then hopefully introduce something upon graduation and the one that I landed there I was looking into currently a concept with among these co-founders and it was genuine concept it had absolutely nothing to do or very little to do with what we’re doing now however you know that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you understand and circular payments in between companies and today you simply have to await that series to establish or you know like there’s nobody streamlining those circular payments so we considered hi why do not we do something comparable to like a split smart or business in verticals such as you understand fried or Logistics or construction you know you have a ton of celebrations that have to wait on different payments like they’re all associated with one way or another so picture you have a platform and after that 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 business.
a would pay a hundred the platform Business B zero they would get they would pay absolutely no or receive no and after that business C we get a hundred dollars so when we’re talking to large companies they all liked it however it was the typical like cold start issue I resemble hey this is fantastic when everyone’s in the platform but till then it’s it’s pretty difficult to get individuals to do anything so it was everything about hello how do we get more data how can we type of begin this platform um without using the platform to start with so it was everything about getting more information and to get more data we got to two conclusions it resembles we either get information through using an Analytics tool a workflow tool or we offer a funding we have a funding and we get the individuals or data provide us information in order to get financing so you know we started doing that like exploring increasingly more and more and then what we need what we saw is that we understood more about sales than anything else we were really thinking about fintech and particularly in financing and you know like we would take a look at various modes various verticals and so on for two weeks at a time if we discovered enough things we would choose 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you know which is amusing of using this this SAS business at all so they might extend terms to the clients however constantly get the cash in advance so we’re resolving the financing payment properties business have which is they have in advance expenses to obtain customers and then they make money months of the month right so to avoid that cash card that every SAS company faces and that we dealt with in the past in the previous experience the goal was to provide a tool so they might say to the client hi look the rate is 100
each year and if you wish to pay monthly fantastic usage capshase you understand um and after that Creators enjoy that they resembled hello guys this is amazing this is the Holy Grail of SAS due to the fact that I have to do discounts so my ACV increases and I can close sales faster due to the fact that I’m offering flexible payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle usually it’s like a trade-off you know and after that the next thing they stated was like hey why do not I do this for all my client base instead of for every brand-new client that I get right so why don’t I do this for my 300 customers 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 consumer base into upfront financing to be less depending 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 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 then guy we began working on it like crazy and and dropped out what is your long-lasting Vision so it began with you understand you arrived on this hate you if you’re sitting on ARR we understand the business’s uh churn we know the company’s retention gross margins Etc so I can take their ARR and provide them in advance x times times x ARR or times x mrr however what is a long-term vision of of the business so for us it’s it’s it’s or it’s all around SAS companies right like we just way with such companies deliberately right so we withstood the
urge to work and go with funding you understand with any vertical we only work with SAS so our objective is to develop multiple items for SAS so we begin with funding and it’s excellent due to the fact that companies truly count on us we truly like a partner and we we help them to not just get funding but work better in a more effective way and through that we’re discovering you know chances to broaden you understand in the transaction of a SAS product