It can be challenging to choose the financing model … Doug Ludlow .
tap into non-dilutive development capital on-demand. Get as much as a year of in advance capital right away, providing you the flexible funding you need to grow your organization and scale. Select unpaid invoices or just recently paid costs, and select repayment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adapting to meet your needs. We provide the essential financing you require at that moment. Your cash works for you instead of sitting idle. Within 24 hours, we examine the financing required and deposit it quickly to your account. Our easy-to-use user interface allows you to understand and manage all your accounts and deals. 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 allows us to rapidly provide you with the right amount of capital your business requirements.
Capchase works with these users and company types: Mid Size Service, 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 response how about the very best of
both
you’re right with standard funding
that’s not really an option previously
keep your 100 with cap chase we use information
to make financing much faster fairer and more
versatile based upon your future
predictable earnings and then we cover it
all up with a single transparent fee
Let’s get this celebration started at
There is constantly a point in time when a start-up’s founders, senior management team, and top financing executives examine techniques for how to scale the company to the next level and brochure what’s needed to do that successfully. Securing funding at an early stage can accelerate development and result in quantifiable and attainable success. Eventually, finance managers and the strategic planning group have to choose the right financing source to assist the business reach its goals.
that management sets for the organization. Weighing the risks and competitive hazards in a smart and balanced way is crucial as it can choose the future of your business The ramifications of offering equity, handling inconsistent cash flow, rate of interest movements, and the need to make prompt payments to loan providers are among the elements to consider, simply among others.
That stated, with the rise of new and more sophisticated financing alternatives that put the business interests of start-ups and midsize business initially, there’s usually a method to determine a solution that’s a good fit. It is necessary to examine the various financing alternatives that are offered to a business’s founders, management accountants, and financing officers and what factors to consider they require to make for both the long and short term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive development capital for repeating Income companies essentially assisting companies grow without giving up that valuable Equity you took so long to construct Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m really thrilled to share more incredible I’m excited to enter 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 understood you’re a first time creator first time founder it resembles you hit a crowning achievement out of the park out of evictions I love it man that’s amazing well as soon as they won you know like it’s never ever the Home Run never ever like never ever counts until the game is over right essentially so so so yeah um we are 4 co-founders you understand and it’s amusing because we’ve all fulfilled through first as pals you know and after that as co-founder so uh there’s three people that collaborate at the same SAS company in in Spain so we all signed up with when it was very early I joined as the first person in sales and there are 2 individuals joined us that as product supervisors essentially and we see the business from no to a few million err over three years and after that we left um at the same time approximately I went to company school and I went to company school on the other one went to do a stint in VC with the goal of going to service school afterwards so when I go to business school I I got into into Harvard and you know I was very thrilled about it my whole goal was to go there to read more about how to end up being a creator and then ideally release something upon graduation and the one that I landed there I was investigating currently an idea with one of these co-founders and it was authentic idea it had absolutely nothing to do or very little to do with what we’re doing now but you understand that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a great deal of sequential payments you know and circular payments in between companies and right now you simply need to await that sequence to establish or you know like there’s nobody simplifying those circular payments so we thought of hi why don’t we do something similar to like a split sensible or business in verticals such as you know fried or Logistics or building you know you have a lots of celebrations that have to await different 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 House 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 no they would get they would pay zero or get absolutely no and then company C we get a hundred dollars so when we’re speaking to big companies they all enjoyed it however it was the common like cold start issue I’m like hey this is terrific when everybody’s in the platform but up until then it’s it’s quite difficult to get individuals to do anything so it was everything about hey how do we get more data how can we type of begin this platform um without using the platform to start with so it was all about getting more information and to get more data we got to two conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we offer a funding we have a funding and we get the people or information give us information in order to get funding so you know we began doing that like checking out increasingly more and more and after that what we require what we saw is that we understood more about sales than anything else we were actually interested in fintech and particularly in financing and you understand like we would look at different modes various verticals and so on for two 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 concept you know which is funny of offering this this SAS business at all so they could extend terms to the consumers however always get the cash in advance so we’re fixing the financing payment assets business have which is they have upfront expenses to acquire consumers and then they earn money months of the month right so to prevent that cash card that every SAS company faces which we faced in the past in the previous experience the objective was to give them a tool so they could state to the client hello look the price is 100
each year and if you want to pay month-to-month fantastic usage capshase you understand um and after that Founders love that they were like hi people this is amazing this is the Holy Grail of SAS since I have to do discounts so my ACV increases and I can close sales faster because 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 know and then the next thing they said resembled hello why do not I do this for all my consumer base instead of for every single new client that I get right so why do not I do this for my 300 clients instead of doing it for the web for the 10 brand-new clients I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into in advance funding to be less depending on Equity as I said the beginning yeah okay this is what we’re going to begin with and then we’re going to discover so much so we’re gon na do the rest later on and that’s when the 4th co-founder joined who has a pal at HBS and then guy we began dealing with it like crazy and and left what is your long-term Vision so it started with you understand you arrived at this hate you if you’re sitting on ARR we understand the business’s uh churn we know 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 however what is a long-lasting vision of of the business so for us it’s it’s it’s or it’s all around SAS companies right like we only way with such companies deliberately right so we resisted the
urge to work and go with funding you understand with any vertical we only work with SAS so our objective is to establish multiple products for SAS so we begin with funding and it’s great since companies really depend on us we actually like a partner and we we help them to not just get financing however work better in a more efficient method and through that we’re discovering you understand chances to broaden you know in the deal of a SAS product