It can be challenging to choose the financing model … Non Dilutive Shares .
Receive up to a year of upfront capital immediately, providing you the versatile financing you need to grow your company and scale. We supply the required funding you require at that moment. Within 24 hours, we assess the financing needed and deposit it immediately to your account.
Capchase deals with these users and organization 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
company the answer how about the best of
you’re right with conventional financing
that’s not really a choice until now
keep your 100 with cap chase we utilize information
to make financing quicker fairer and more
flexible based on your future
predictable income and then we cover it
all up with a single transparent fee
so let’s get this celebration started at
There is constantly a time when a start-up’s creators, senior management team, and top finance executives assess strategies for how to scale the business to the next level and catalog what’s needed to do that effectively. Securing financing at an early stage can accelerate growth and lead to measurable and achievable success. Eventually, finance supervisors and the strategic preparation group need to pick the right funding source to help the business reach its objectives.
that management sets for the organization. Weighing the threats and competitive dangers in a well balanced and smart method is vital as it can choose the future of your company The ramifications of selling equity, managing inconsistent cash flow, interest rate movements, and the requirement to make timely payments to loan providers are among the aspects to consider, just among others.
That stated, with the rise of new and more advanced financing choices that put the business interests of start-ups and midsize companies first, there’s usually a way to find out an option that’s a great fit. It is very important to investigate the different funding choices that are readily available to a business’s creators, 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 recurring Earnings companies generally assisting companies grow without giving up that valuable Equity you took so long to develop Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m extremely delighted to share more amazing I’m thrilled to enter 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 creator 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 amazing well as soon as they won you understand like it’s never ever the Crowning achievement never like never counts until the game is over best generally so so so yeah um we are four co-founders you know and it’s amusing due to the fact that we’ve all fulfilled through initially as pals you understand and after that as co-founder so uh there’s 3 of us that work together at the exact 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 individuals joined us that as product supervisors generally and we see the business from no to a couple of million err over three years and after that we left um at the same time roughly I went to company school and I went to organization school on the other one went to do a stint in VC with the goal of going to business school afterwards so when I go to organization school I I entered into Harvard and you know I was really excited about it my whole objective was to go there to learn more about how to end up being a creator and after that hopefully release something upon graduation and the one that I landed there I was researching already an idea with among these co-founders and it was genuine idea it had nothing to do or really little to do with what we’re doing now but you know that was the beginning of the beginner and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of sequential payments you understand and circular payments in between companies and today you just have to wait for that sequence 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 smart or business in verticals such as you understand fried or Logistics or building and construction you know you have a ton of celebrations that need to wait for different 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 Company B 100 and Company B House Company c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B absolutely no they would get they would pay zero or get zero and then business C we get a hundred dollars so when we’re speaking to big companies they all enjoyed it but it was the common like cold start problem I resemble hey this is fantastic when everyone remains in the platform but until then it’s it’s pretty difficult to get people to do anything so it was everything about hello how do we get more data how can we kind of kick start this platform um without utilizing the platform to start with so it was everything about getting more data and to get more data we got to two conclusions it’s like we either get information through providing an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or people provide us data in order to get funding so you understand we began doing that like exploring more and more and more and after that what we require what we saw is that we understood more about sales than anything else we were really thinking about fintech and particularly 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 discovered enough stuff we would choose 2 more weeks if we didn’t would suffice and after that in January 2020 we had the the idea you understand which is funny of providing this this SAS business at all so they might extend terms to the customers but always get the money in advance so we’re resolving the financing payment possessions companies have which is they have in advance costs to acquire customers and after that they get paid months of the month right so to avoid that money card that every SAS business faces and that we faced in the past in the previous experience the goal was to give them a tool so they could state to the consumer hello look the price is 100
per year and if you wish to pay monthly great usage capshase you understand um and after that Creators enjoy that they were like hey men 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 faster since I’m providing versatile payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle typically it’s like a trade-off you know and after that the next thing they said was like hey why don’t I do this for all my client base instead of for each brand-new customer that I get right so why don’t I do this for my 300 consumers instead of doing it for the net for the 10 new consumers I get months of a month so then we saw what they desired was to transform their ARR or the client base into upfront financing to be less based on Equity as I stated the starting yeah alright this is what we’re going to start with and then we’re going to find out so much so we’re gon na do the rest later on which’s when the 4th co-founder joined who has a buddy at HBS and then male we began working on it like crazy and and dropped out what is your long-lasting Vision so it started with you know you landed on this hate you if you’re resting on ARR we know the business’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-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 method with such companies intentionally right so we resisted the
desire to go and work with financing you know with any vertical we only work with SAS so our goal is to develop multiple items for SAS so we begin with financing and it’s terrific since companies really depend on us we truly like a partner and we we help them to not simply get financing but work much better in a more effective method and through that we’re discovering you understand chances to expand you understand in the transaction of a SAS product