It can be challenging to choose the financing model … Clearco Plate .
take advantage of non-dilutive development capital on-demand. Get up to a year of in advance capital instantly, providing you the flexible financing you need to grow your organization and scale. Select overdue billings or just recently paid expenses, and pick repayment terms of 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adjusting to fulfill your demands. We offer the essential funding you need at that moment. Your money works for you rather than sitting idle. Within 24 hours, we assess the financing required and deposit it quickly to your account. Our user friendly interface permits you to understand and manage all your accounts and transactions. Gain access to more capital as you scale. We are your partner every action of the way, minimizing our rates the longer we collaborate. Your data allows us to rapidly offer you with the right amount of capital your company needs.
Capchase deals with these users and company types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s much 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 financing
that’s not truly an alternative until now
keep your 100 with cap chase we utilize data
to make funding much faster fairer and more
flexible based on your future
predictable revenue and after that we wrap it
all up with a single transparent charge
Let’s get this celebration started at
There is always a moment when a start-up’s founders, senior management group, and leading finance executives assess techniques for how to scale the company to the next level and brochure what’s required to do that effectively. Protecting funding at an early stage can accelerate development and cause quantifiable and achievable success. Ultimately, finance managers and the tactical preparation team need to choose the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the dangers and competitive risks in a smart and balanced method is vital as it can choose the future of your company The ramifications of selling equity, handling inconsistent cash flow, interest rate motions, and the requirement to make prompt payments to lenders are amongst the aspects to consider, just to name a few.
That stated, with the rise of brand-new and more advanced financing alternatives that put the business interests of start-ups and midsize companies initially, there’s generally a way to figure out an option that’s a good fit. It is necessary to investigate the various funding options that are readily available to a company’s founders, management accounting professionals, and financing officers and what factors to consider they need to make for 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 service provider of non-dilutive growth capital for repeating Earnings companies essentially helping companies grow without quiting that precious Equity you took so long to build 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 very excited to share more incredible I’m delighted 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 think about from what I understood you’re a 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 understand like it’s never the Home Run never ever like never counts till the video game is over right generally so so so yeah um we are 4 co-founders you understand and it’s funny because we have actually all fulfilled through first as pals you understand and then as co-founder so uh there’s 3 people that work together at the very same SAS company in in Spain so we all joined when it was extremely early I signed up with as the first individual in sales and there are 2 individuals joined us that as product managers generally and we see the business from no to a couple of million err over 3 years and after that we left um at the same time roughly I went to service 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 organization school I I entered into into Harvard and you understand I was very thrilled about it my entire goal was to go there for more information about how to become a founder and then hopefully release something upon graduation and the one that I landed there I was researching currently an idea with one of these co-founders and it was genuine concept it had nothing to do or very little to do with what we’re doing now but you understand that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of consecutive payments you know and circular payments in between companies and right now you just have to wait on that sequence to develop or you understand like there’s no one streamlining those circular payments so we thought of hello why don’t we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or building you understand you have a ton of celebrations that need to wait for various 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 Business B 100 and Business B House Business c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Company B no they would get they would pay no or receive no and after that company C we get a hundred dollars so when we’re speaking with large business they all loved it but it was the normal like cold start problem I resemble hey this is fantastic when everybody’s in the platform but till then it’s it’s quite hard to get individuals to do anything so it was everything about hello 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 data and to get more information we got to two conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we provide a funding we have a financing and we get the data or people offer us data in order to get financing so you know we started doing that like exploring increasingly more and more and after that what we need what we saw is that we understood more about sales than anything else we were truly interested in fintech and particularly in financing and you know like we would look at different modes various verticals and so on for two 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 funny of providing this this SAS business at all so they could extend terms to the customers but constantly get the cash in advance so we’re fixing the financing payment properties companies have which is they have in advance expenses to acquire customers and then they earn money months of the month right so to avoid that money card that every SAS business faces which we dealt with in the past in the previous experience the goal was to provide a tool so they might state to the customer hey look the cost is 100
annually and if you want to pay regular monthly fantastic use capshase you understand um and after that Creators like that they were like hey people this is incredible this is the Holy Grail of SAS because I need to do discount rates so my ACV increases and I can close sales quicker due to the fact that I’m offering versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle normally it resembles a compromise you understand and then the next thing they said was like hi why don’t I do this for all my consumer base instead of for every single brand-new customer that I solve so why don’t I do this for my 300 clients instead of doing it for the net for the 10 brand-new customers I get months of a month so then we saw what they desired was to convert their ARR or the client base into upfront funding to be less based on Equity as I stated the beginning yeah okay this is what we’re going to start with and after that we’re going to find out so much so we’re gon na do the rest afterwards which’s when the 4th co-founder joined who has a pal at HBS and after that male we began dealing with it like crazy and and left what is your long-lasting Vision so it began with you understand you landed on this hate you if you’re sitting on ARR we understand the business’s uh churn we know the business’s retention gross margins And so on 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 companies deliberately right so we withstood the
desire to go and work with financing you know with any vertical we just deal with SAS so our objective is to develop numerous products for SAS so we start with funding and it’s fantastic since companies actually count on us we really like a partner and we we help them to not simply get funding but work much better in a more efficient method and through that we’re finding you know opportunities to broaden you know in the transaction of a SAS item