It can be challenging to pick the financing model … Mallory Sackey .
take advantage of non-dilutive development capital on-demand. Get as much as a year of upfront capital immediately, giving you the versatile funding you need to grow your business and scale. Select overdue billings or recently paid expenses, and choose payment terms of 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even annual agreements, adjusting to satisfy your needs. We provide the necessary financing you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the financing required and deposit it instantly to your account. Our user friendly interface enables you to understand and manage all your transactions and accounts. Access more capital as you scale. We are your partner every step of the way, decreasing our rates the longer we work together. Your information allows us to quickly offer you with the right amount of capital your organization needs.
Capchase works with these users and organization types: Mid Size Business, Small Business, Business, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the best of
you’re right with standard funding
that’s not really an alternative 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 then we cover it
all up with a single transparent fee
Let’s get this celebration began at
There is constantly a moment when a start-up’s creators, senior management team, and top financing executives examine strategies for how to scale the business to the next level and catalog what’s needed to do that effectively. Protecting financing at an early stage can speed up development and result in measurable and obtainable success. Ultimately, financing supervisors and the tactical preparation group have to decide on the right financing source to help the business reach its objectives.
that management sets for the company. Weighing the risks and competitive hazards in a intelligent and well balanced method is essential as it can choose the future of your company The implications of selling equity, handling inconsistent cash flow, rate of interest motions, and the need to make prompt payments to lenders are among the aspects to consider, just to name a few.
That stated, with the increase of new and more advanced funding options that put the 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’s important to examine the different funding alternatives that are offered to a business’s founders, management accountants, and financing officers and what considerations they need to produce 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 provider of non-dilutive growth capital for repeating Revenue companies essentially assisting business grow without quiting that valuable Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m extremely excited to share more amazing 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 consider from what I comprehended you’re a first time founder very first time creator it resembles you hit a crowning achievement 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 the Crowning achievement never ever like never ever counts till the video game is over ideal basically so so so yeah um we are four co-founders you know and it’s funny due to the fact that we have actually all fulfilled through first as pals you know and after that as co-founder so uh there’s 3 of us that work together at the same SAS company in in Spain so we all signed up with when it was very early I joined as the very first individual in sales and there are two individuals joined us that as product supervisors basically and we see the company from absolutely no to a few million err over three years and then we left um at the same time roughly I went to organization school and I went to company school on the other one went to do a stint in VC with the goal of going to business school later on so when I go to organization school I I got 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 creator and after that hopefully release something upon graduation and the one that I landed there I was researching currently a concept with one of these co-founders and it was genuine idea it had nothing to do or extremely little to do with what we’re doing now however you understand that was the start of the newbie and the journey Journey or the Insight that we had was that hey there are in particular verticals there are a lot of sequential payments you know and circular payments in between companies and right now you just need to wait for that sequence to develop or you understand like there’s nobody simplifying those circular payments so we considered hello why don’t we do something comparable to like a split sensible or business in verticals such as you know fried or Logistics or building you understand you have a lots of celebrations that need 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 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 absolutely no or get no and then business C we get a hundred dollars so when we’re talking to large companies they all liked it however it was the common like cold start problem I’m like hey this is excellent when everybody’s in the platform however until then it’s it’s pretty hard to get individuals to do anything so it was everything about hello how do we get more data 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’s like we either get information through offering an Analytics tool a workflow tool or we offer a funding we have a financing and we get the information or individuals provide us information in order to get funding so you know we started doing that like checking out increasingly more and more and then what we need what we saw is that we knew more about sales than anything else we were really thinking about fintech and specifically in funding and you understand like we would look at various modes various verticals and so on for 2 weeks at a time if we found enough things we would go for 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 amusing of using this this SAS business at all so they might extend terms to the customers but always get the money up front so we’re resolving the financing payment assets business have which is they have upfront costs to obtain customers and then they make money months of the month right so to avoid that money card that every SAS business deals with and that we faced in the past in the previous experience the goal was to provide a tool so they could say to the customer hello look the rate is 100
annually and if you want to pay regular monthly great use capshase you know um and then Creators love that they were like hi guys 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 using versatile payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle generally it resembles a compromise you know and after that the next thing they stated resembled hello why don’t I do this for all my customer base instead of for every brand-new client 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 customers I get months of a month so then we saw what they wanted was to transform their ARR or the client base into in advance funding to be less depending on Equity as I stated the starting yeah fine this is what we’re going to start with and after that we’re going to find out a lot so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a pal at HBS and then guy we started dealing with it like crazy and and left what is your long-term Vision so it started with you understand you arrived on this hate you if you’re resting on ARR we understand the company’s uh churn we understand the business’s retention gross margins And so on so I can take their ARR and lend them up front x times times x ARR or times x mrr however what is a long-term 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 method with such companies deliberately right so we withstood the
desire to go and work with financing you know with any vertical we only deal with SAS so our goal is to develop numerous items for SAS so we begin with funding and it’s great because companies really rely on us we actually like a partner and we we help them to not just get financing but work better in a more efficient method and through that we’re discovering you know opportunities to broaden you understand in the transaction of a SAS item