It can be challenging to pick the financing model … Non Diluted Capital .
Receive up to a year of in advance capital instantly, offering you the versatile financing you need to grow your company and scale. We supply the necessary financing you require at that moment. Within 24 hours, we examine the funding required and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Company, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the very best of
both
you’re right with standard funding
that’s not truly an alternative until now
keep your 100 with cap chase we utilize data
to make financing much faster fairer and more
versatile based upon your future
foreseeable revenue and then we cover it
all up with a single transparent cost
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There is constantly a point in time when a start-up’s creators, senior management team, and top finance executives examine strategies for how to scale the company to the next level and brochure what’s needed to do that effectively. Protecting financing at an early stage can accelerate development and cause attainable and quantifiable success. Eventually, finance managers and the strategic preparation team have to pick the right financing source to help the company reach its objectives.
that management sets for the company. Weighing the dangers and competitive hazards in a well balanced and smart way is vital as it can decide the future of your business The implications of offering equity, handling irregular cash flow, interest rate motions, and the requirement to make prompt payments to lending institutions are among the aspects to consider, simply among others.
That said, with the increase of brand-new and more advanced funding alternatives that put business interests of start-ups and midsize business initially, there’s usually a method to determine a solution that’s an excellent fit. It is essential to investigate the various funding options that are offered to a business’s founders, management accounting professionals, and financing officers and what factors to consider they require to make for 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 provider of non-dilutive development capital for repeating Profits companies essentially assisting 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 fantastic to be here yeah I’m very delighted to share more incredible I’m excited to enter 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 understood you’re a very first time creator very first time creator it’s like you struck a home run out of the park out of evictions I like it man that’s amazing well as soon as they won you understand like it’s never the Home Run never like never counts till the game is over ideal essentially so so so yeah um we are four co-founders you understand and it’s amusing because we have actually all met through first as good friends you understand and then as co-founder so uh there’s three people that collaborate at the same SAS business in in Spain so we all signed up with when it was really early I signed up with as the first individual in sales and there are 2 individuals joined us that as product supervisors generally and we see the business from absolutely no to a few million err over 3 years and then we left um at the same time roughly I went to service school and I went to business 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 Harvard and you know I was very thrilled about it my entire objective was to go there for more information about how to end up being a founder and after that ideally launch 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 concept it had absolutely nothing to do or very little to do with what we’re doing now however you understand that was the beginning of the journey and the novice Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you know and circular payments between companies and right now you simply have to wait for that series to develop or you understand like there’s no one streamlining those circular payments so we thought of hi why do not we do something similar to like a split wise or companies in verticals such as you understand fried or Logistics or building and construction you know you have a ton of parties that have to wait on different payments like they’re all involved in one way or another so imagine you have a platform and after that you have company a post Business B 100 and Business B Home Business c a hundred dollars in reality with this platform what would happen is a company.
a would pay a hundred the platform Company B zero they would get they would pay zero or receive absolutely no and after that business C we get a hundred dollars so when we’re talking to big business they all enjoyed it but it was the common like cold start problem I’m like hey this is great when everybody remains in the platform however till then it’s it’s pretty difficult to get individuals 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 using the platform to start with so it was all about getting more information and to get more data we got to 2 conclusions it’s like we either get data through offering an Analytics tool a workflow tool or we offer a financing we have a funding and we get the people or data provide us information in order to get funding so you understand we started doing that like checking out a growing number of and more and after that what we require what we saw is that we understood more about sales than anything else we were really interested in fintech and particularly in funding 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 stuff we would go for 2 more weeks if we didn’t would suffice and then in January 2020 we had the the idea you know which is funny of offering this this SAS companies at all so they could extend terms to the clients but always get the cash up front so we’re fixing the financing payment properties business have which is they have upfront expenses to get consumers and then they earn money months of the month right so to prevent that cash card that every SAS business faces and that we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the client hi look the price is 100
annually and if you wish to pay regular monthly great use capshase you understand um and after that Founders love that they resembled hello people 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 faster because I’m offering flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle normally it resembles a trade-off you understand and then the next thing they said resembled hello why don’t I do this for all my consumer base instead of for every single brand-new client that I get right so why don’t I do this for my 300 customers instead of doing it for the net for the 10 new consumers I get months of a month so then we saw what they wanted was to convert their ARR or the customer base into upfront financing to be less dependent on Equity as I stated the beginning yeah alright this is what we’re going to start with and after that we’re going to discover a lot so we’re gon na do the rest later on which’s when the fourth co-founder joined who has a friend at HBS and then man we began working on it like crazy and and left what is your long-lasting Vision so it started with you know you landed on this hate you if you’re sitting on ARR we know the company’s uh churn we understand the company’s retention gross margins And so on 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 companies right like we just way with such business deliberately right so we resisted the
urge to go and work with financing you understand with any vertical we only work with SAS so our goal is to develop several items for SAS so we start with funding and it’s terrific since companies truly count on us we really like a partner and we we help them to not just get funding however work better in a more effective method and through that we’re finding you know opportunities to broaden you understand in the transaction of a SAS product