It can be challenging to select the funding model … Recurring Capital Partners .
tap into non-dilutive development capital on-demand. Get as much as a year of in advance capital immediately, giving you the flexible funding you need to grow your business and scale. Select unpaid invoices or recently paid expenses, and pick 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 agreements, adapting to fulfill your needs. We offer the essential financing you need at that moment. Your money works for you instead of sitting idle. Within 24 hours, we evaluate the financing required and deposit it quickly to your account. Our easy-to-use user interface permits you to understand 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 work together. Your data allows us to quickly supply you with the correct amount of capital your service requirements.
Capchase deals with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.
what’s much better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the very best of
you’re right with conventional financing
that’s not actually an alternative until now
keep your 100 with cap chase we utilize information
to make funding faster fairer and more
flexible based on your future
predictable revenue and after that we wrap it
all up with a single transparent fee
so let’s get this celebration started at
There is constantly a point in time when a start-up’s creators, senior management group, and leading finance executives evaluate techniques for how to scale the business to the next level and catalog what’s required to do that successfully. Securing funding at an early stage can accelerate growth and result in measurable and obtainable success. Ultimately, financing supervisors and the strategic planning team have to select the right financing source to help the company reach its objectives.
that management sets for the organization. Weighing the threats and competitive dangers in a balanced and smart method is important as it can decide the future of your company The ramifications of selling equity, managing irregular capital, rates of interest movements, and the need to make timely payments to lending institutions are among the factors to think about, simply to name a few.
That said, with the increase of brand-new and more sophisticated financing options that put business interests of start-ups and midsize companies first, there’s typically a way to figure out a service that’s a great fit. It is essential to investigate the different financing alternatives that are available to a business’s creators, management accounting professionals, and finance officers and what considerations they require to make for both the long and brief 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 Income business generally helping business grow without quiting that valuable Equity you took so long to develop 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 extremely thrilled to share more incredible I’m excited to enter your backstory so let’s kick this off how did you come together with your Creators why cap Chase what else did you consider from what I comprehended you’re a first time creator very first time founder it resembles you struck a crowning achievement out of the park out of the gates I love it man that’s remarkable well as soon as they won you understand like it’s never the Home Run never like never ever counts until the video game is over right generally so so so yeah um we are 4 co-founders you understand and it’s funny because we’ve all met through initially as buddies you know and then as co-founder so uh there’s three people that collaborate at the very same SAS business in in Spain so all of us signed up with when it was really early I signed up with as the very first person in sales and there are two people joined us that as product supervisors essentially and we see the business from absolutely no to a couple of million err over 3 years and after that we left um at the same time roughly I went to organization school and I went to service school on the other one went to do a stint in VC with the goal of going to company school later on so when I go to service school I I entered into into Harvard and you know I was very excited about it my entire goal was to go there for more information about how to end up being a founder and after that ideally introduce something upon graduation and the one that I landed there I was looking into already a concept with one of these co-founders and it was authentic idea it had absolutely nothing to do or really 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 specific verticals there are a lot of sequential payments you know and circular payments between business and today you just need to wait on that sequence to establish or you know like there’s no one streamlining those circular payments so we thought about hey why don’t we do something similar to like a split wise or companies in verticals such as you understand fried or Logistics or construction you understand you have a ton of parties that need to wait for various payments like they’re all associated with one way or another so envision 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 occur is a company.
a would pay a hundred the platform Business B no they would get they would pay absolutely no or receive absolutely no and after that company C we get a hundred dollars so when we’re speaking to large companies they all loved it but it was the common like cold start issue I’m like hey this is fantastic when everyone’s in the platform however up until then it’s it’s quite difficult to get individuals to do anything so it was everything about hello 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 data and to get more information we got to 2 conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we offer a financing we have a funding and we get the people or data give us data in order to get funding so you know we began doing that like exploring a growing number of and more and then 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 understand like we would look at various modes different verticals and so on for two weeks at a time if we found enough stuff we would choose 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is amusing of providing this this SAS business at all so they could extend terms to the customers however always get the cash in advance so we’re resolving the financing payment assets companies have which is they have in advance costs to get consumers and after that they earn money 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 hey look the rate is 100
each year and if you wish to pay monthly terrific use capshase you know um and after that Creators enjoy that they were like hello people this is fantastic this is the Holy Grail of SAS because I have to do discounts so my ACV increases and I can close sales quicker since I’m using versatile payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle normally it resembles a compromise you know and then the next thing they stated resembled hey why don’t I do this for all my client base instead of for each new client that I solve so why don’t I do this for my 300 consumers instead of doing it for the web for the 10 brand-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 in advance funding to be less based on Equity as I said 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 afterwards which’s when the 4th co-founder joined who has a friend at HBS and then man we started dealing with it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived on this hate you if you’re resting on ARR we understand 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 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 companies right like we just way with such companies intentionally right so we resisted the
desire to go and work with funding you understand with any vertical we just work with SAS so our goal is to establish multiple items for SAS so we begin with financing and it’s terrific because companies actually count on us we actually like a partner and we we help them to not just get funding however work better in a more efficient method and through that we’re finding you understand opportunities to broaden you know in the deal of a SAS item