It can be challenging to choose the financing model … Capchase Scout .
Receive up to a year of in advance capital immediately, offering you the versatile funding you require to grow your business and scale. We provide the required financing you require at that moment. Within 24 hours, we assess the funding needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Organization, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the very best of
both
you’re right with standard funding
that’s not actually a choice previously
keep your 100 with cap chase we use data
to make funding much faster fairer and more
versatile based on your future
predictable revenue and after that we wrap it
all up with a single transparent fee
Let’s get this celebration started at
There is constantly a time when a start-up’s creators, senior management team, and top finance executives assess methods for how to scale the business to the next level and catalog what’s required to do that effectively. Securing financing at an early stage can accelerate development and lead to achievable and quantifiable success. Eventually, finance supervisors and the tactical preparation team have to pick the right financing source to help the business reach its goals.
that management sets for the company. Weighing the risks and competitive risks in a well balanced and intelligent method is crucial as it can choose the future of your business The implications of selling equity, handling irregular cash flow, rates of interest movements, and the requirement to make timely payments to lending institutions are amongst the elements to consider, just among others.
That said, with the increase of new and more advanced funding choices that put the business interests of start-ups and midsize companies first, there’s usually a way to find out an option that’s a good fit. It’s important to investigate the various funding choices that are offered to a business’s founders, management accountants, and finance officers and what factors to consider they require to make for both the long and brief term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive growth capital for repeating Profits companies basically assisting companies grow without giving up that precious Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m very thrilled to share more awesome I’m excited 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 comprehended you’re a first time creator very 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 incredible well as soon as they won you understand like it’s never the Crowning achievement never like never counts till the game is over right generally so so so yeah um we are 4 co-founders you know and it’s amusing because we have actually all fulfilled through initially as pals you know and then as co-founder so uh there’s three people that collaborate at the exact same SAS business in in Spain so we all joined when it was really early I signed up with as the very first person in sales and there are two individuals joined us that as product managers generally and we see the company from zero to a few million err over three years and after that we left um at the same time roughly I went to organization school and I went to organization 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 extremely delighted about it my entire goal was to go there to learn more about how to end up being a creator and after that hopefully launch something upon graduation and the one that I landed there I was researching already an idea with one of these co-founders and it was authentic concept it had absolutely nothing to do or extremely little to do with what we’re doing now but you know that was the start of the journey and the beginner Journey or the Insight that we had was that hey there are in specific verticals there are a great deal of consecutive payments you understand and circular payments between companies and right now you simply have to wait for that sequence to establish or you know like there’s no one simplifying those circular payments so we thought of hi why don’t we do something comparable to like a split sensible or companies in verticals such as you understand fried or Logistics or construction you understand you have a lots of celebrations that need to wait for various payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B Home Business c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B zero they would get they would pay zero or receive absolutely no and after that business C we get a hundred dollars so when we’re speaking with big business they all enjoyed it but it was the typical like cold start issue I’m like hey this is great when everyone’s 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 utilizing the platform to start with so it was everything about getting more data and to get more data we got to 2 conclusions it’s like we either get information through offering an Analytics tool a workflow tool or we offer a financing we have a funding and we get the information or people offer us data in order to get financing so you understand we began doing that like exploring more and more and more and then what we need what we saw is that we knew more about sales than anything else we were really thinking about fintech and particularly in financing and you know like we would look at different modes various verticals and so on for 2 weeks at a time if we found enough things we would choose two more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you understand which is funny of offering this this SAS companies at all so they might extend terms to the consumers however always get the cash in advance so we’re solving the financing payment properties companies have which is they have upfront costs to obtain clients and after that they get paid months of the month right so to avoid that cash card that every SAS company deals with which we dealt with in the past in the previous experience the goal was to provide a tool so they could say to the client hi look the rate is 100
each year and if you want to pay monthly excellent use capshase you know um and after that Founders love that they were like hi people this is fantastic 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 much faster due to the fact that I’m offering 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 know and then the next thing they stated was like hi why do not I do this for all my consumer base instead of for each new customer that I get right so why do not I do this for my 300 customers 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 convert their ARR or the consumer base into upfront financing to be less based on Equity as I stated the beginning yeah all right this is what we’re going to begin with and after that we’re going to discover so much so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a buddy at HBS and then man we started dealing with it like crazy and and left what is your long-term Vision so it began with you understand you arrived at this hate you if you’re resting 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 up front x times times x ARR or times x mrr but what is a long-term 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 method with such companies intentionally right so we withstood the
urge to go and work with funding you know with any vertical we only work with SAS so our objective is to establish multiple items for SAS so we start with funding and it’s excellent because business really count on us we really like a partner and we we help them to not simply get financing but work better in a more effective method and through that we’re discovering you understand chances to broaden you know in the deal of a SAS product