It can be challenging to pick the financing model … Non-dilutive Debt Financing .
Receive up to a year of upfront capital right away, giving you the flexible financing you require to grow your company and scale. We offer the necessary financing you require at that minute. Within 24 hours, we examine the funding needed and deposit it instantly to your account.
Capchase deals with these users and company types: Mid Size Company, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the answer how about the very best of
you’re right with traditional funding
that’s not really an alternative previously
keep your 100 with cap chase we utilize information
to make financing faster fairer and more
flexible based on your future
foreseeable revenue and after that we wrap it
all up with a single transparent fee
so let’s get this celebration started at
There is always a moment when a start-up’s founders, senior management team, and top finance executives examine strategies for how to scale the business to the next level and brochure what’s needed to do that successfully. Protecting financing at an early stage can speed up growth and lead to quantifiable and obtainable success. Ultimately, finance managers and the tactical planning group need to decide on the right financing source to assist the company reach its goals.
that management sets for the company. Weighing the dangers and competitive dangers in a intelligent and balanced way is vital as it can choose the future of your business The implications of offering equity, managing irregular cash flow, interest rate movements, and the need to make timely payments to loan providers are amongst the aspects to consider, just among others.
That stated, with the rise of new and more sophisticated funding options that put business interests of start-ups and midsize companies initially, there’s generally a way to find out a solution that’s a good fit. It’s important to examine the various funding options that are available to a company’s founders, management accountants, and financing officers and what factors to consider they need to make for both the short 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 growth capital for recurring Income business generally helping companies grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s terrific to be here yeah I’m extremely thrilled 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 Founders why cap Chase what else did you consider from what I comprehended you’re a first time founder very first time founder it’s like you struck a crowning achievement out of the park out of evictions I like it man that’s incredible well as soon as they won you know like it’s never ever the Home Run never like never counts until the game is over right essentially so so so yeah um we are four co-founders you know and it’s amusing because we have actually all fulfilled through first as buddies you understand and then as co-founder so uh there’s three of us that work together at the same SAS business in in Spain so all of us joined when it was very early I joined as the first individual in sales and there are two people joined us that as item managers generally and we see the company from zero to a few million err over 3 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 company school afterwards so when I go to company school I I entered into into Harvard and you know I was really thrilled about it my whole objective was to go there to read more about how to become a founder and after that ideally release something upon graduation and the one that I landed there I was looking into already an idea with among these co-founders and it was genuine idea it had nothing to do or very little to do with what we’re doing now however you know that was the beginning of the journey and the beginner 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 in between companies and today you simply have to await that series to establish or you know like there’s nobody simplifying those circular payments so we thought of hey why don’t we do something similar to like a split sensible or business in verticals such as you understand fried or Logistics or building and construction you understand you have a lots of celebrations that have to wait on different 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 Company B House Business c a hundred dollars in reality with this platform what would take place is a business.
a would pay a hundred the platform Company B absolutely no they would get they would pay no or get no and after that business C we get a hundred dollars so when we’re talking to big companies they all loved it however it was the normal like cold start problem I resemble hey this is terrific when everybody remains in the platform however until then it’s it’s pretty difficult to get people to do anything so it was all 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 everything about getting more information and to get more information we got to two conclusions it resembles we either get data through providing an Analytics tool a workflow tool or we provide a funding we have a funding and we get the information or people give us information in order to get funding so you know we began 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 specifically in funding and you know like we would take a look at various modes various verticals and so on for two 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 concept you know which is funny of using this this SAS business at all so they could extend terms to the clients but constantly get the cash up front so we’re solving the funding payment assets business have which is they have in advance costs to get customers and then they make money months of the month right so to prevent that cash card that every SAS business deals with which we dealt with in the past in the previous experience the goal was to give them a tool so they might state to the customer hey look the rate is 100
each year and if you want to pay monthly fantastic usage capshase you know um and then Founders like that they were like hello guys this is remarkable this is the Holy Grail of SAS due to the fact that I have to do discount rates so my ACV boosts and I can close sales faster due to the fact that I’m providing versatile payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle typically it resembles a trade-off you understand and then the next thing they stated resembled hi why do not I do this for all my client base instead of for every single new client 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 new clients I get months of a month so then we saw what they desired was to convert their ARR or the consumer base into upfront funding to be less dependent on Equity as I stated the starting yeah fine this is what we’re going to begin with and then we’re going to find out a lot so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a friend at HBS and after that male we began working on it like crazy and and dropped out what is your long-lasting Vision so it started with you understand you arrived on this hate you if you’re resting on ARR we understand the business’s uh churn we know 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 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 business right like we just way with such companies intentionally right so we resisted the
urge to work and go with funding you understand with any vertical we only deal with SAS so our objective is to establish several products for SAS so we start with financing and it’s excellent because business truly rely on us we actually like a partner and we we help them to not simply get financing but work better in a more effective method and through that we’re discovering you know chances to broaden you understand in the deal of a SAS item