It can be challenging to select the financing model … Pipe Vs Capchase .
tap into non-dilutive development capital on-demand. Receive up to a year of in advance capital immediately, giving you the versatile financing you need to grow your business and scale. Select overdue invoices or recently paid expenditures, and choose payment terms of 3,6,9, or 12 months. As much funding, or as little, when you need it. We accept monthly, quarterly, even annual contracts, adjusting to satisfy your demands. We offer the needed financing you require at that moment. Your cash works for you rather than sitting idle. Within 24 hours, we assess the financing needed and deposit it quickly to your account. Our easy-to-use interface allows you to comprehend and manage all your deals and accounts. Gain access to more capital as you scale. We are your partner every step of the way, decreasing our rates the longer we interact. Your information enables us to quickly offer you with the right amount of capital your service requirements.
Capchase deals with these users and company types: Mid Size Service, Small Company, 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 response how about the best of
you’re right with traditional financing
that’s not truly an alternative until now
keep your 100 with cap chase we use data
to make funding quicker fairer and more
versatile based upon your future
predictable earnings and then we cover 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 creators, senior management group, and top finance executives assess strategies for how to scale the business to the next level and catalog what’s required to do that effectively. Securing funding at an early stage can speed up development and lead to measurable and achievable success. Eventually, financing managers and the tactical preparation group have to select the right financing source to help the business reach its goals.
that management sets for the organization. Weighing the threats and competitive dangers in a well balanced and intelligent way is essential as it can choose the future of your business The ramifications of selling equity, handling inconsistent capital, interest rate motions, and the need to make prompt payments to lenders are among the elements to consider, simply to name a few.
That said, with the rise of brand-new and more sophisticated funding choices that put business interests of start-ups and midsize business initially, there’s typically a method to determine a service that’s a great fit. It is essential to investigate the different funding alternatives that are offered to a company’s founders, management accountants, and financing officers and what considerations they require to make for both the long and short term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive growth capital for recurring Income business essentially assisting companies grow without giving up that valuable Equity you took so long to build Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you so much for having me it’s great to be here yeah I’m extremely excited to share more awesome I’m thrilled to get 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 first time creator very first time founder it resembles you struck a crowning achievement out of the park out of evictions I love it man that’s remarkable well as quickly as they won you know like it’s never ever the Home Run never ever like never ever counts till the video game is over best essentially so so so yeah um we are four co-founders you know and it’s amusing due to the fact that we have actually all satisfied through first as pals you know and then as co-founder so uh there’s three of us that collaborate at the same SAS company in in Spain so we all joined when it was really early I joined as the first person in sales and there are two people joined us that as item managers essentially and we see the company from absolutely no to a few million err over 3 years and after that we left um at the same time approximately I went to business school and I went to company school on the other one went to do a stint in VC with the objective of going to service school afterwards so when I go to service school I I entered into into Harvard and you understand I was really delighted about it my whole goal was to go there to find out more about how to become a founder and after that hopefully release something upon graduation and the one that I landed there I was investigating already a concept with one of these co-founders and it was genuine idea it had absolutely nothing to do or extremely little to do with what we’re doing now however you know that was the start of the newbie and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a lot of consecutive payments you understand and circular payments in between companies and right now you simply have to wait on that series to develop or you know like there’s nobody streamlining those circular payments so we considered hello why do not we do something comparable to like a split smart or business in verticals such as you know fried or Logistics or building you understand you have a lots of celebrations that have to await various payments like they’re all associated with one way or another so picture you have a platform and then you have company a post Company B 100 and Business B House Business c a hundred dollars in reality with this platform what would happen is a company.
a would pay a hundred the platform Business B zero they would get they would pay zero or get zero and then business C we get a hundred dollars so when we’re talking to big business they all loved it however it was the typical like cold start problem I’m like hey this is excellent when everyone remains in the platform but till then it’s it’s quite difficult to get people to do anything so it was everything about hi how do we get more information how can we type of begin 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 2 conclusions it’s like we either get information through using an Analytics tool a workflow tool or we offer a financing we have a funding and we get the data or people provide us information in order to get financing so you know we started 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 actually interested in fintech and particularly in financing and you understand like we would look at different 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 after that in January 2020 we had the the idea you know which is amusing of using this this SAS business at all so they could extend terms to the customers but constantly get the cash up front so we’re resolving the financing payment properties business have which is they have in advance expenses to acquire customers and then they get paid months of the month right so to prevent that cash card that every SAS company deals with and that we faced in the past in the previous experience the objective was to give them a tool so they might say to the customer hello look the price is 100
per year and if you want to pay regular monthly excellent usage capshase you know um and after that Founders like that they resembled hey guys this is incredible this is the Holy Grail of SAS because I need to do discounts so my ACV increases and I can close sales quicker since I’m offering flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle typically it’s like a compromise you understand and after that the next thing they said was like hello why don’t I do this for all my client base instead of for every brand-new client that I get right so why don’t I do this for my 300 consumers instead of doing it for the web for the 10 new consumers I get months of a month so then we saw what they wanted was to transform their ARR or the customer base into in advance funding to be less depending on Equity as I stated the beginning yeah fine 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 and that’s when the fourth co-founder joined who has a friend at HBS and then man we began dealing with it like crazy and and dropped out what is your long-term Vision so it began with you know you arrived at this hate you if you’re resting on ARR we understand the company’s uh churn we know the company’s retention gross margins Etc so I can take their ARR and provide them up front x times times x ARR or times x mrr however what is a long-lasting vision of of the company so for us it’s it’s it’s or it’s all around SAS business right like we just method with such companies intentionally right so we withstood the
desire to work and go with financing you know with any vertical we only deal with SAS so our objective is to develop numerous items for SAS so we start with funding and it’s excellent since companies truly 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 efficient method and through that we’re discovering you understand chances to expand you know in the transaction of a SAS product