It can be challenging to pick the funding model … Landscape Saas .
Get up to a year of upfront capital immediately, providing you the flexible funding you require to grow your organization and scale. We provide the needed funding you need at that moment. Within 24 hours, we examine the financing required and deposit it instantly to your account.
Capchase works with these users and organization types: Mid Size Service, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
both
you’re right with conventional financing
that’s not actually an alternative until now
keep your 100 with cap chase we utilize information
to make funding quicker fairer and more
flexible based upon your future
foreseeable revenue and after that we cover it
all up with a single transparent cost
so let’s get this party began at
There is always a time when a start-up’s founders, senior management group, and top financing executives evaluate techniques for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can speed up development and result in measurable and attainable success. Eventually, finance supervisors and the tactical planning team need to pick the right financing source to help the company reach its goals.
that management sets for the organization. Weighing the dangers and competitive threats in a intelligent and balanced way is crucial as it can choose the future of your business The implications of offering equity, managing inconsistent cash flow, rate of interest motions, and the requirement to make timely payments to lending institutions are among the factors to consider, just to name a few.
That stated, with the rise of brand-new and more sophisticated funding options that put business interests of start-ups and midsize business first, there’s generally a way to find out a solution that’s a good fit. It is essential to investigate the different funding choices that are readily available to a business’s founders, management accountants, and financing officers and what factors to consider they need to produce both the short and long term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for repeating Income companies generally helping business grow without giving up 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 fantastic to be here yeah I’m really excited 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 very first time founder first time founder it resembles you hit a home run out of the park out of evictions I enjoy it man that’s remarkable well as quickly as they won you know like it’s never ever the Crowning achievement never like never counts until the game is over ideal basically so so so yeah um we are 4 co-founders you know and it’s amusing due to the fact that we have actually all fulfilled through initially as friends you know 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 signed up with when it was very early I joined as the first person in sales and there are two people joined us that as product supervisors essentially and we see the company from absolutely no to a couple of 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 company school later on so when I go to service school I I entered into Harvard and you understand I was really excited about it my entire goal was to go there to find out more about how to become a founder and after that ideally introduce something upon graduation and the one that I landed there I was looking into already a concept with one of these co-founders and it was authentic concept it had absolutely nothing to do or really little to do with what we’re doing now however 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 particular verticals there are a great deal of consecutive payments you understand and circular payments between business and right now you simply need to wait on that sequence to develop or you understand like there’s nobody streamlining those circular payments so we thought of hello why don’t we do something similar to like a split wise or companies in verticals such as you know fried or Logistics or building and construction you know you have a ton of parties that need to wait on 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 Home Company c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or receive zero and then business C we get a hundred dollars so when we’re talking to big business they all loved it but it was the common like cold start issue I’m like hey this is excellent when everybody’s in the platform however until then it’s it’s pretty difficult to get people to do anything so it was everything about hey how do we get more information how can we sort of begin this platform um without utilizing 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 providing an Analytics tool a workflow tool or we offer a funding we have a financing and we get the information or people provide us data in order to get financing so you know we began doing that like exploring more and more and more and after that what we need what we saw is that we knew more about sales than anything else we were truly thinking about fintech and specifically in funding and you understand like we would look at various modes different 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 after that in January 2020 we had the the idea you understand which is funny of providing this this SAS companies at all so they might extend terms to the clients but always get the cash up front so we’re resolving the financing payment possessions companies have which is they have upfront costs to acquire clients and after that they get paid months of the month right so to prevent that money card that every SAS business deals with and that we faced in the past in the previous experience the objective was to provide a tool so they might say to the consumer hello look the cost is 100
per year and if you want to pay month-to-month fantastic usage capshase you understand um and after that Creators love that they were like hello guys this is fantastic this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV boosts and I can close sales quicker because I’m providing flexible payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle usually it’s like a trade-off you know and after that the next thing they said resembled hello why do not I do this for all my consumer base instead of for every single new customer that I get right so why do not I do this for my 300 customers instead of doing it for the internet 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 funding to be less depending on Equity as I said the starting yeah alright this is what we’re going to start with and after that we’re going to learn 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 male we started dealing with it like crazy and and dropped out what is your long-term Vision so it began with you understand you landed on this hate you if you’re resting on ARR we know the business’s uh churn we understand 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 companies right like we only way with such business deliberately right so we withstood the
urge to go and work with funding you know with any vertical we just deal with SAS so our objective is to establish multiple items for SAS so we begin with funding and it’s excellent due to the fact that companies really rely on us we truly like a partner and we we help them to not simply get funding but work much better in a more effective way and through that we’re discovering you know chances to expand you know in the deal of a SAS item