It can be challenging to select the financing model … New Arr .
use non-dilutive growth capital on-demand. Get up to a year of in advance capital immediately, providing you the versatile funding you require to grow your business and scale. Select unsettled billings or recently paid expenses, and select repayment terms of 3,6,9, or 12 months. As much funding, or as little, when you require it. We accept monthly, quarterly, even yearly contracts, adapting to meet your demands. We supply the essential financing you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the financing needed and deposit it instantly to your account. Our easy-to-use interface allows you to understand and manage all your accounts and transactions. Access more capital as you scale. We are your partner every step of the way, lowering our rates the longer we collaborate. Your information enables us to quickly offer you with the correct amount of capital your service requirements.
Capchase deals with these users and company types: Mid Size Business, Small Business, Business, Freelance, Nonprofit, and Government.
what’s much 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 traditional funding
that’s not truly a choice until now
keep your 100 with cap chase we use information
to make funding much faster fairer and more
versatile based on your future
predictable profits and then we wrap it
all up with a single transparent fee
so let’s get this celebration started at
There is always a point in time when a start-up’s founders, senior management group, and top finance executives assess techniques for how to scale the company to the next level and brochure what’s needed to do that successfully. Protecting funding at an early stage can speed up development and cause quantifiable and attainable success. Eventually, financing supervisors and the tactical preparation group need to decide on the right financing source to help the company reach its goals.
that management sets for the company. Weighing the risks and competitive hazards in a intelligent and balanced method is essential as it can decide the future of your business The implications of selling equity, handling irregular cash flow, rate of interest movements, and the requirement to make prompt payments to lending institutions are among the factors to consider, just among others.
That said, with the increase of new and more sophisticated financing choices that put business interests of start-ups and midsize companies first, there’s normally a method to determine a service that’s an excellent fit. It is essential to investigate the different financing choices that are offered to a company’s creators, management accounting professionals, and finance officers and what factors to consider they require 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 supplier of non-dilutive growth capital for recurring Profits companies essentially helping business grow without giving up that precious Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s excellent to be here yeah I’m extremely thrilled to share more amazing I’m excited 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 think about from what I comprehended you’re a first time creator very first time creator it’s like you hit a home run out of the park out of the gates I love it man that’s remarkable well as quickly as they won you know like it’s never the Crowning achievement never like never counts until the video game is over right basically so so so yeah um we are four co-founders you know and it’s amusing since we’ve all fulfilled through first as pals you know and after that as co-founder so uh there’s three of us that collaborate at the same SAS company in in Spain so all of us joined when it was very early I joined as the first individual in sales and there are 2 people joined us that as item managers generally and we see the business from no to a couple of million err over 3 years and then we left um at the same time approximately I went to company school and I went to business school on the other one went to do a stint in VC with the objective of going to company school afterwards so when I go to business school I I got into into Harvard and you know I was very excited about it my whole objective was to go there to get more information about how to become a founder and then ideally release something upon graduation and the one that I landed there I was researching already 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 beginning of the novice and the journey Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of sequential payments you know and circular payments between business and right now you just have to wait on that series to develop or you know like there’s no one streamlining those circular payments so we thought of hey why don’t we do something similar to like a split wise or business in verticals such as you know fried or Logistics or building and construction you know you have a ton of parties that need to await various payments like they’re all involved in one way or another so envision 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 zero or get absolutely no and then business C we get a hundred dollars so when we’re talking to large business they all loved it however it was the common like cold start issue I resemble hey this is terrific when everybody’s in the platform but up until then it’s it’s quite hard to get people to do anything so it was everything about hello how do we get more information how can we type 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 data we got to 2 conclusions it’s like we either get information through using an Analytics tool a workflow tool or we provide a financing we have a financing and we get the data or individuals give us information in order to get funding so you know we started doing that like exploring more and more and more and then what we need what we saw is that we understood more about sales than anything else we were really thinking about 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 found enough things we would choose two more weeks if we didn’t would suffice and then in January 2020 we had the the concept you understand which is amusing of providing this this SAS companies at all so they might extend terms to the customers however constantly get the money in advance so we’re solving the funding 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 prevent that cash card that every SAS company faces which we dealt with in the past in the previous experience the objective was to give them a tool so they might say to the consumer hey look the cost is 100
annually and if you want to pay monthly fantastic usage capshase you know um and after that Creators like that they resembled hey guys this is incredible this is the Holy Grail of SAS because I have to do discounts so my ACV increases and I can close sales much faster since I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle generally it resembles a compromise you know and then the next thing they stated resembled hi why do not I do this for all my consumer base instead of for every new consumer that I get right so why don’t I do this for my 300 consumers 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 desired was to transform their ARR or the customer base into in advance financing to be less based on Equity as I stated the starting yeah alright this is what we’re going to begin with and then we’re going to find out so much so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a pal at HBS and then man we began dealing with it like crazy and and dropped out what is your long-lasting Vision so it started with you understand you arrived at this hate you if you’re sitting on ARR we know 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 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 just way with such business intentionally right so we resisted the
desire to work and go with funding you understand with any vertical we just deal with SAS so our objective is to establish multiple items for SAS so we begin with financing and it’s terrific because companies actually count on us we truly like a partner and we we help them to not just get funding but work much better in a more effective way and through that we’re discovering you understand opportunities to broaden you know in the transaction of a SAS product