It can be challenging to choose the funding model … Is Capchase Legit .
take advantage of non-dilutive growth capital on-demand. Get approximately a year of in advance capital right away, providing you the versatile funding you need to grow your business and scale. Select overdue invoices or recently paid expenditures, and choose repayment 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, adjusting to satisfy your needs. We supply the necessary financing you need at that moment. Your money works for you instead of sitting idle. Within 24 hr, we assess the financing required and deposit it instantly to your account. Our easy-to-use user interface allows you to comprehend and manage all your accounts and transactions. Access more capital as you scale. We are your partner every action of the way, lowering our rates the longer we work together. Your information enables us to quickly offer you with the correct amount of capital your company requirements.
Capchase works with these users and company types: Mid Size Organization, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with conventional financing
that’s not really a choice until now
keep your 100 with cap chase we use information
to make financing 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
so let’s get this party started at
There is constantly a point in time when a start-up’s creators, senior management group, and top finance executives examine techniques for how to scale the business to the next level and brochure what’s needed to do that successfully. Protecting funding at an early stage can accelerate development and cause attainable and quantifiable success. Ultimately, financing managers and the strategic planning group need to pick the right funding source to assist the company reach its goals.
that management sets for the organization. Weighing the risks and competitive threats in a balanced and smart method is essential as it can decide the future of your company The ramifications of selling equity, managing inconsistent cash flow, rates of interest movements, and the need to make prompt payments to lending institutions are among the factors to consider, just among others.
That said, with the increase of brand-new and more advanced financing options that put business interests of start-ups and midsize business initially, there’s generally a method to determine a service that’s a great fit. It is very important to examine the different funding alternatives that are available to a business’s founders, management accounting professionals, and finance officers and what factors to consider they need to produce both the brief and long 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 business essentially assisting companies grow without quiting that valuable Equity you took so long to develop 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 extremely thrilled to share more amazing I’m delighted to enter 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 comprehended 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 fantastic well as quickly as they won you know like it’s never ever the Crowning achievement never ever like never counts until the video game is over best basically so so so yeah um we are 4 co-founders you know and it’s amusing because we’ve all satisfied through first as buddies you understand and then as co-founder so uh there’s 3 people that work together at the same SAS company in in Spain so we all joined when it was very early I joined as the first individual in sales and there are 2 individuals joined us that as item managers essentially 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 company 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 really delighted about it my entire goal was to go there to read more about how to become a creator and then hopefully release 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 genuine idea it had absolutely nothing to do or really little to do with what we’re doing now but you know that was the start of the novice 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 between companies and today you simply have to await that series to establish or you understand like there’s no one streamlining those circular payments so we considered hello why don’t we do something comparable to like a split sensible or companies in verticals such as you know fried or Logistics or construction you know you have a lots of celebrations that have to wait for various payments like they’re all involved in one way or another so envision you have a platform and after that you have company a post Company B 100 and Company B House Company c a hundred dollars in reality with this platform what would happen is a company.
a would pay a hundred the platform Business B no they would get they would pay zero or receive no and after that business C we get a hundred dollars so when we’re talking with large business they all liked it however it was the common like cold start problem I’m like hey this is great when everyone’s in the platform but until then it’s it’s pretty difficult to get individuals to do anything so it was everything about hi 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 resembles we either get data through providing an Analytics tool a workflow tool or we provide a financing we have a funding and we get the data or people offer us data in order to get financing so you understand we began doing that like checking out a growing number of and more and after that what we need what we saw is that we knew more about sales than anything else we were actually interested in fintech and specifically in funding and you know like we would take a look at various modes various verticals and so on for 2 weeks at a time if we discovered enough stuff we would choose 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of offering this this SAS companies at all so they could extend terms to the clients however constantly get the cash up front so we’re fixing the funding payment assets business have which is they have upfront costs to acquire customers and then they get paid months of the month right so to avoid that cash card that every SAS company deals with which we faced in the past in the previous experience the objective was to give them a tool so they might state to the customer hello look the price is 100
annually and if you wish to pay month-to-month fantastic use capshase you know um and after that Creators love that they resembled hey people this is incredible this is the Holy Grail of SAS because I need to do discounts so my ACV increases and I can close sales faster because I’m providing versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle generally it resembles a compromise you understand and then the next thing they stated was like hi why don’t I do this for all my customer base instead of for each new client that I solve so why don’t I do this for my 300 clients instead of doing it for the web for the 10 brand-new consumers I get months of a month so then we saw what they desired was to transform their ARR or the consumer base into upfront financing to be less dependent on Equity as I said the beginning yeah fine this is what we’re going to begin with and after that we’re going to discover a lot so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a good friend at HBS and after that male we began dealing with it like crazy and and left what is your long-term Vision so it started with you know you arrived on this hate you if you’re sitting on ARR we understand the company’s uh churn we know the business’s retention gross margins Etc so I can take their ARR and provide them in advance x times times x ARR or times x mrr but 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 business right like we only method with such companies deliberately 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 develop multiple products for SAS so we start with funding and it’s fantastic since business truly count on us we truly like a partner and we we help them to not just get financing but work much better in a more effective way and through that we’re finding you know chances to broaden you know in the deal of a SAS product