It can be challenging to select the funding model … Capchase 215M Vision .
take advantage of non-dilutive development capital on-demand. Get as much as a year of upfront capital right away, providing you the flexible funding you require to grow your organization and scale. Select unsettled billings or recently paid expenses, and choose payment regards to 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adjusting to meet your demands. We provide the necessary funding you need at that moment. Your cash works for you rather than sitting idle. Within 24 hours, we evaluate the funding needed and deposit it quickly to your account. Our user friendly interface allows you to comprehend and manage all your transactions and accounts. Gain access to more capital as you scale. We are your partner every step of the way, minimizing our rates the longer we collaborate. Your information enables us to rapidly offer you with the correct amount of capital your business requirements.
Capchase works with these users and company types: Mid Size Company, Small Business, Business, 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
you’re right with traditional funding
that’s not actually a choice until now
keep your 100 with cap chase we utilize information
to make funding faster fairer and more
flexible based upon your future
predictable earnings and then we wrap it
all up with a single transparent charge
so let’s get this celebration started at
There is constantly a time when a start-up’s founders, senior management group, and leading financing executives examine strategies for how to scale the business to the next level and catalog what’s required to do that successfully. Protecting funding at an early stage can accelerate growth and result in obtainable and measurable success. Ultimately, finance managers and the tactical planning group need to pick the right financing source to assist the business reach its goals.
that management sets for the company. Weighing the threats and competitive dangers in a well balanced and intelligent method is crucial as it can choose the future of your company The implications of offering equity, handling irregular capital, interest rate motions, and the requirement to make prompt payments to lending institutions are amongst the aspects to consider, simply to name a few.
That said, with the increase of brand-new and more sophisticated funding options that put business interests of start-ups and midsize companies first, there’s typically a way to find out a solution that’s a good fit. It is necessary to examine the various financing alternatives that are readily available to a company’s founders, management accounting professionals, and financing officers and what factors to consider they require to produce 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 company of non-dilutive development capital for repeating Income companies basically helping business grow without giving up that precious Equity you took so long to construct Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s fantastic to be here yeah I’m extremely thrilled to share more remarkable I’m delighted 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 think about from what I understood you’re a very first time creator very first time founder it’s like you struck a home run out of the park out of the gates I enjoy it man that’s fantastic well as quickly as they won you understand like it’s never the Crowning achievement never like never counts until the game is over right essentially so so so yeah um we are 4 co-founders you know and it’s amusing due to the fact that we have actually all fulfilled through first as pals you know and after that as co-founder so uh there’s 3 of us that collaborate at the exact same SAS company in in Spain so all of us signed up with when it was very early I joined as the first individual in sales and there are two individuals joined us that as item supervisors basically and we see the business from zero to a few 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 service school on the other one went to do a stint in VC with the objective of going to service school afterwards so when I go to business school I I got into into Harvard and you understand I was very thrilled about it my whole goal was to go there to learn more about how to become a founder and after that hopefully introduce something upon graduation and the one that I landed there I was looking into already an idea with among these co-founders and it was authentic idea it had absolutely nothing to do or extremely little to do with what we’re doing now however you understand that was the beginning of the newbie and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of sequential payments you know and circular payments in between companies and today you just need to wait for that series to establish or you know like there’s no one streamlining those circular payments so we considered hi why do not we do something similar to like a split wise or business in verticals such as you know fried or Logistics or construction you know you have a lots of celebrations that have to await different payments like they’re all involved in one way or another so imagine you have a platform and then you have company a post Business B 100 and Business 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 zero they would get they would pay no or receive absolutely no and then company C we get a hundred dollars so when we’re speaking with big business they all liked it however it was the common like cold start issue I resemble hey this is great when everyone remains in the platform but till then it’s it’s quite hard to get individuals to do anything so it was all about hey how do we get more data how can we kind of kick start 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 two conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we offer a funding we have a funding and we get the individuals or information provide us information in order to get financing so you understand we started doing that like exploring a growing number of and more and after that what we require what we saw is that we knew more about sales than anything else we were truly interested in fintech and specifically in funding and you know like we would take a look at different modes different verticals and so on for 2 weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is funny of using this this SAS business at all so they might extend terms to the clients however always get the cash in advance so we’re resolving the financing payment properties business have which is they have in advance expenses to obtain consumers and then they get paid 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 goal was to give them a tool so they might say to the client hello look the rate is 100
per year and if you want to pay month-to-month excellent usage capshase you know um and then Founders love that they were like hello guys this is remarkable this is the Holy Grail of SAS since I need to do discounts so my ACV increases and I can close sales faster since I’m using flexible payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle usually it’s like a compromise you understand and then the next thing they said was like hi why do not I do this for all my customer base instead of for every single new consumer that I solve so why don’t I do this for my 300 customers instead of doing it for the internet for the 10 brand-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 financing to be less dependent on Equity as I said the starting yeah all right this is what we’re going to start with and then we’re going to learn a lot so we’re gon na do the rest later on and that’s when the 4th co-founder joined who has a good friend at HBS and after that man we began working on it like crazy and and dropped out what is your long-term Vision so it started with you understand you arrived on this hate you if you’re resting on ARR we understand the company’s uh churn we understand the company’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 business right like we only way with such business deliberately right so we resisted the
urge to work and go with financing you know with any vertical we just deal with SAS so our goal is to develop numerous products for SAS so we begin with financing and it’s terrific because business truly rely on us we truly 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 finding you understand opportunities to expand you know in the transaction of a SAS product