It can be challenging to select the financing model … Startup Revenue Based Financing .
Get up to a year of upfront capital right away, giving you the flexible financing you require to grow your organization and scale. We supply the essential financing you need at that moment. Within 24 hours, we assess the funding required and deposit it quickly to your account.
Capchase deals with these users and organization types: Mid Size Business, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
both
you’re right with standard financing
that’s not really an option until now
keep your 100 with cap chase we utilize information
to make financing faster fairer and more
flexible based on your future
foreseeable income and after that we cover it
all up with a single transparent fee
Let’s get this celebration started at
There is always a moment when a start-up’s creators, senior management team, and leading financing executives evaluate methods for how to scale the company to the next level and catalog what’s needed to do that successfully. Securing funding at an early stage can accelerate growth and result in quantifiable and achievable success. Eventually, finance managers and the tactical planning group need to choose the right funding source to help the business reach its objectives.
that management sets for the company. Weighing the risks and competitive threats in a well balanced and smart method is important as it can decide the future of your business The ramifications of selling equity, managing inconsistent cash flow, rate of interest movements, and the need to make timely payments to lenders are amongst the aspects to think about, simply to name a few.
That said, with the increase of new and more sophisticated funding options that put the business interests of start-ups and midsize companies initially, there’s generally a method to find out a solution that’s a good fit. It is very important to investigate the various funding alternatives that are offered to a company’s creators, management accounting professionals, and finance officers and what considerations they require to produce both the long and brief 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 development capital for repeating Earnings business essentially 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 excellent to be here yeah I’m really delighted to share more amazing I’m thrilled 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 first time founder it’s like you struck a crowning achievement out of the park out of the gates I enjoy it man that’s remarkable well as quickly as they won you know like it’s never the Home Run never ever like never counts until the game is over right generally so so so yeah um we are four co-founders you understand and it’s amusing because we have actually all satisfied through initially as buddies you understand and after that as co-founder so uh there’s 3 of us that work together at the same SAS company in in Spain so we all joined when it was really early I joined as the first individual in sales and there are 2 people joined us that as product supervisors essentially and we see the company from absolutely no to a few million err over 3 years and then we left um at the same time roughly I went to business school and I went to service school on the other one went to do a stint in VC with the objective of going to company school later on so when I go to company school I I entered into into Harvard and you understand I was really delighted about it my entire goal was to go there to find out more about how to end up being a creator and after that ideally release something upon graduation and the one that I landed there I was researching currently a concept with among these co-founders and it was genuine concept 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 beginner and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of sequential payments you know and circular payments in between business and right now you simply have to wait for that sequence to establish or you know like there’s nobody simplifying those circular payments so we considered hey why don’t we do something comparable to like a split sensible or companies in verticals such as you know fried or Logistics or construction you know you have a lots of parties that need to wait on different payments like they’re all involved in one way or another so picture you have a platform and after that you have company a post Business B 100 and Business 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 no or get zero and after that company C we get a hundred dollars so when we’re speaking with large companies they all liked it however it was the typical like cold start problem I resemble hey this is terrific when everyone’s in the platform however till then it’s it’s quite hard to get people to do anything so it was all about hello how do we get more data how can we kind of kick start this platform um without utilizing the platform to start with so it was everything about getting more information and to get more information we got to 2 conclusions it resembles we either get information through offering an Analytics tool a workflow tool or we provide a financing we have a financing and we get the individuals or information provide us information in order to get funding so you know we started doing that like checking out a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were really interested in fintech and specifically in financing and you understand like we would take a look at various modes various verticals and so on for two weeks at a time if we discovered 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 amusing of providing this this SAS business at all so they could extend terms to the customers but always get the money in advance so we’re solving the funding payment possessions companies have which is they have upfront expenses to acquire clients and then they earn 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 provide a tool so they could state to the consumer hey look the price is 100
per year and if you wish to pay regular monthly great use capshase you know um and after that Creators love that they resembled hello people this is fantastic this is the Holy Grail of SAS because I have to do discount rates so my ACV boosts and I can close sales quicker due to the fact that I’m using versatile payment terms so it’s like the Holy Grail you know you increase ACV you reduce cell cycle normally it’s like a compromise you understand and after that the next thing they said was like hey 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 customers instead of doing it for the web for the 10 brand-new consumers I get months of a month so then we saw what they desired was to transform their ARR or the customer base into in advance financing to be less depending on Equity as I said the starting yeah okay this is what we’re going to start with and then we’re going to discover so much so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a friend at HBS and after that male we started working on it like crazy and and dropped out what is your long-term Vision so it began with you understand you arrived on this hate you if you’re sitting 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 provide them in advance x times times x ARR or times x mrr but 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 companies deliberately right so we resisted the
desire to work and go with funding you understand with any vertical we just deal with SAS so our goal is to develop several items for SAS so we start with financing and it’s fantastic since business truly count on us we really like a partner and we we help them to not simply get funding however work much better in a more effective method and through that we’re discovering you know chances to broaden you know in the transaction of a SAS item