It can be challenging to select the funding model … Venture Debt Providers .
take advantage of non-dilutive development capital on-demand. Receive as much as a year of upfront capital immediately, providing you the versatile funding you need to grow your company and scale. Select unpaid invoices or recently paid expenses, and choose payment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even annual contracts, adapting to meet your needs. We offer the necessary funding you require at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the financing required and deposit it immediately to your account. Our user friendly user interface permits you to comprehend and handle all your deals and accounts. Access more capital as you scale. We are your partner every step of the way, reducing our rates the longer we work together. Your information allows us to quickly provide you with the correct amount of capital your company needs.
Capchase works with these users and organization types: Mid Size Service, Small Business, Business, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the response how about the very best of
both
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 faster fairer and more
flexible based on your future
predictable revenue and after that we cover 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 founders, senior management group, and leading finance executives evaluate techniques for how to scale the company 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 achievable success. Eventually, finance managers and the tactical preparation group have to select the right financing source to assist the company reach its goals.
that management sets for the organization. Weighing the risks and competitive threats in a smart and well balanced method is essential as it can choose the future of your company The implications of selling equity, managing irregular cash flow, interest rate motions, and the requirement to make timely payments to lending institutions are among the factors to consider, 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 way to figure out a solution that’s an excellent fit. It’s important to investigate the different funding alternatives that are readily available to a business’s founders, management accountants, and finance officers and what factors to consider they need to produce 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 supplier of non-dilutive development capital for recurring Revenue 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 so much for having me it’s terrific to be here yeah I’m really thrilled to share more incredible I’m excited to enter 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 comprehended you’re a very first time founder 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 remarkable well as soon as they won you know like it’s never the Home Run never ever like never ever counts until the game is over ideal generally so so so yeah um we are four co-founders you know and it’s funny due to the fact that we’ve all satisfied through initially as good friends you know and after that as co-founder so uh there’s 3 people that interact at the exact same SAS company in in Spain so we all signed up with 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 basically and we see the company from absolutely no to a couple of million err over 3 years and then we left um at the same time approximately I went to company school and I went to organization school on the other one went to do a stint in VC with the objective of going to business school afterwards so when I go to service school I I entered into into Harvard and you know I was really delighted about it my whole goal was to go there to get more information about how to become a creator and after that hopefully launch something upon graduation and the one that I landed there I was looking into already a concept with one of these co-founders and it was genuine idea it had nothing to do or really little to do with what we’re doing now however you know that was the start of the newbie and the journey Journey or the Insight that we had was that hey there are in specific verticals there are a lot of consecutive payments you understand and circular payments in between companies and right now you simply have to wait on that sequence to establish or you understand like there’s no one simplifying those circular payments so we considered hi why do not we do something similar to like a split sensible or companies in verticals such as you know fried or Logistics or building and construction you know you have a lots of celebrations that have to wait for different payments like they’re all associated with one way or another so imagine you have a platform and after that you have company a post Company B 100 and Company B Home Business c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B zero they would get they would pay no or receive zero and then company C we get a hundred dollars so when we’re speaking with big business they all loved it however it was the typical like cold start issue I resemble hey this is fantastic when everyone remains in the platform however until then it’s it’s pretty difficult to get individuals 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 information and to get more information we got to 2 conclusions it resembles we either get information through providing an Analytics tool a workflow tool or we provide a financing we have a funding and we get the data or individuals provide us data in order to get financing so you understand we began doing that like exploring a growing number of and more and then what we need what we saw is that we understood more about sales than anything else we were truly interested in fintech and specifically in financing and you know like we would take a look at various modes different verticals and so on for 2 weeks at a time if we discovered enough things 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 understand which is amusing of providing this this SAS companies at all so they might extend terms to the customers however always get the money in advance so we’re solving the financing payment assets companies have which is they have in advance costs to get customers and after that they make money months of the month right so to prevent that money card that every SAS company deals with which we faced in the past in the previous experience the objective was to provide a tool so they might say to the customer hey look the rate is 100
per year and if you want to pay monthly excellent usage capshase you know um and then Founders love that they resembled hey men this is amazing this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales quicker since I’m using versatile payment terms so it resembles the Holy Grail you know you increase ACV you reduce cell cycle typically it resembles a trade-off you know and then the next thing they stated resembled hey why don’t I do this for all my consumer base instead of for every brand-new consumer that I solve so why do not I do this for my 300 clients instead of doing it for the net for the 10 new customers I get months of a month so then we saw what they wanted was to transform their ARR or the client base into in advance funding to be less dependent on Equity as I stated the beginning yeah okay this is what we’re going to begin with and after that we’re going to learn so much so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a good friend at HBS and after that man we began dealing with it like crazy and and left what is your long-term Vision so it started with you know you landed on this hate you if you’re sitting on ARR we understand the business’s uh churn we understand the company’s retention gross margins Etc so I can take their ARR and provide them up front 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 business right like we only way with such business intentionally right so we resisted the
urge to go and work with financing you understand with any vertical we just work with SAS so our objective is to develop multiple products for SAS so we begin with funding and it’s fantastic since business truly count on us we really like a partner and we we help them to not just get financing but work much better in a more effective method and through that we’re finding you understand opportunities to broaden you understand in the deal of a SAS item