It can be challenging to choose the financing model … Is Revenue Based Financing A Good Idea .
tap into non-dilutive development capital on-demand. Receive up to a year of upfront capital immediately, providing you the flexible financing you require to grow your company and scale. Select unsettled invoices or recently paid expenditures, and choose payment regards to 3,6,9, or 12 months. As much financing, or as little, when you need it. We accept monthly, quarterly, even yearly agreements, adapting to satisfy your needs. We offer the essential financing you require at that moment. Your cash works for you rather than sitting idle. Within 24 hr, we examine the financing required and deposit it immediately to your account. Our easy-to-use user interface enables you to comprehend and handle all your accounts and transactions. Access more capital as you scale. We are your partner every action of the way, decreasing our rates the longer we collaborate. Your information enables us to quickly supply you with the correct amount of capital your company needs.
Capchase works with these users and company types: Mid Size Service, Small Company, 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 response how about the best of
both
you’re right with traditional financing
that’s not truly an option until now
keep your 100 with cap chase we use data
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
Let’s get this celebration started at
There is always a point in 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 speed up development and cause attainable and quantifiable success. Ultimately, financing managers and the strategic planning group have to select the right funding source to help the company reach its goals.
that management sets for the company. Weighing the risks and competitive hazards in a well balanced and smart way is vital as it can decide the future of your business The implications of selling equity, handling inconsistent capital, interest rate motions, and the need to make timely payments to lenders are amongst the aspects to think about, just among others.
That said, with the increase of new and more advanced financing alternatives that put business interests of start-ups and midsize business first, there’s usually a method to determine a service that’s an excellent fit. It is very important to examine the different financing alternatives that are offered to a company’s founders, management accounting professionals, and finance officers and what factors to consider they need to make for both the brief and long 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 development capital for recurring Revenue business basically assisting business grow without quiting that precious 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 excellent to be here yeah I’m very delighted to share more remarkable I’m thrilled to get 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 comprehended you’re a very first time founder very first time founder it resembles you hit a home run out of the park out of the gates I love it man that’s incredible well as quickly as they won you understand like it’s never ever the Home Run never like never ever counts until the video game is over right basically so so so yeah um we are four co-founders you know and it’s funny because we’ve all satisfied through initially as friends 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 all of us signed up with when it was really early I signed up with as the very first individual in sales and there are two people joined us that as product supervisors generally and we see the company from zero to a couple of million err over 3 years and then 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 goal of going to organization school later on so when I go to business school I I entered into into Harvard and you know I was very excited about it my entire goal was to go there for more information about how to become a creator and then hopefully introduce something upon graduation and the one that I landed there I was investigating already an idea with one of these co-founders and it was authentic idea it had nothing to do or very little to do with what we’re doing now but you know that was the start of the beginner and the journey Journey or the Insight that we had was that hey there are in particular verticals there are a great deal of consecutive payments you know and circular payments between business and right now you simply have to wait on that sequence to develop or you know like there’s no one simplifying those circular payments so we thought about hi why do not we do something comparable to like a split smart or companies in verticals such as you understand fried or Logistics or construction you understand you have a ton of parties that need to wait on 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 House Business c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Business B zero they would get they would pay absolutely no or get no and then business C we get a hundred dollars so when we’re speaking with big business they all loved it but it was the normal like cold start problem I’m like hey this is terrific when everybody’s in the platform however till then it’s it’s pretty difficult to get individuals to do anything so it was everything about hello how do we get more information how can we sort of kick start this platform um without utilizing the platform to start with so it was all about getting more data and to get more information we got to two conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we provide a funding we have a funding and we get the people or information provide us information in order to get funding so you know we started doing that like exploring 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 various modes various verticals and so on for two weeks at a time if we discovered enough things we would choose two more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you know which is amusing of providing this this SAS companies at all so they could extend terms to the consumers however always get the cash in advance so we’re resolving the funding payment properties companies have which is they have upfront costs to obtain consumers and after that they get paid months of the month right so to prevent that cash card that every SAS business deals with which we faced in the past in the previous experience the goal was to provide a tool so they might say to the customer hello look the cost is 100
annually and if you wish to pay month-to-month excellent usage capshase you understand um and then Creators enjoy 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’s like the Holy Grail you know you increase ACV you decrease cell cycle generally it resembles a compromise you know and after that the next thing they said resembled hey why do not I do this for all my client base instead of for each new customer that I get right so why don’t I do this for my 300 customers instead of doing it for the internet for the 10 brand-new clients I get months of a month so then we saw what they wanted was to transform their ARR or the customer base into in advance financing to be less based on Equity as I stated the beginning yeah alright 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 which’s when the 4th co-founder joined who has a friend at HBS and after that guy we began working on it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived on this hate you if you’re sitting on ARR we understand the business’s uh churn we understand the business’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-term 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 business intentionally right so we withstood the
desire to work and go with financing you understand with any vertical we just work with SAS so our objective is to establish multiple items for SAS so we begin with financing and it’s fantastic because companies truly depend on us we actually like a partner and we we help them to not simply get funding however work much better in a more effective way and through that we’re discovering you understand opportunities to expand you understand in the deal of a SAS product