It can be challenging to choose the funding model … Saas Business Finance Budgeting Tool .
Receive up to a year of in advance capital right away, giving you the versatile financing you require to grow your company and scale. We offer the needed financing you need at that moment. Within 24 hours, we assess the funding required and deposit it instantly to your account.
Capchase works with these users and organization types: Mid Size Company, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s much 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 traditional funding
that’s not truly an alternative until now
keep your 100 with cap chase we use information
to make financing much faster fairer and more
versatile based upon your future
predictable profits and after that we wrap it
all up with a single transparent fee
Let’s get this celebration started at
There is constantly a moment when a start-up’s founders, senior management group, and top finance executives evaluate strategies for how to scale the business to the next level and catalog what’s required to do that successfully. Securing financing at an early stage can speed up development and result in quantifiable and obtainable success. Ultimately, finance managers and the strategic preparation team have to decide on the right funding source to assist the company reach its objectives.
that management sets for the company. Weighing the dangers and competitive threats in a well balanced and smart method is vital as it can decide the future of your company The ramifications of offering equity, handling inconsistent cash flow, rates of interest movements, and the need to make prompt payments to lenders are amongst the factors to consider, simply to name a few.
That said, with the rise of brand-new and more advanced financing alternatives that put business interests of start-ups and midsize companies first, there’s usually a method to determine an option that’s an excellent fit. It is essential to investigate the different funding options that are offered to a company’s creators, management accountants, and financing officers and what considerations they need 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 supplier of non-dilutive development capital for recurring Income business generally helping business grow without giving up that valuable Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s excellent to be here yeah I’m very thrilled to share more remarkable I’m thrilled 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 think about from what I comprehended you’re a very first time creator very first time founder it resembles you hit a crowning achievement out of the park out of the gates I love it man that’s amazing well as soon as they won you understand like it’s never ever the Home Run never ever like never counts up until the video game is over ideal essentially so so so yeah um we are four co-founders you understand and it’s funny because we’ve all fulfilled through initially as good friends you know and after that as co-founder so uh there’s three of us that interact at the exact same SAS company in in Spain so we all signed up with when it was extremely early I signed up with as the first person in sales and there are two people joined us that as product supervisors basically and we see the business from no to a few million err over 3 years and then we left um at the same time approximately I went to business school and I went to organization school on the other one went to do a stint in VC with the goal of going to service school later on so when I go to business school I I entered into Harvard and you know I was extremely delighted about it my entire goal was to go there to get more information about how to end up being a founder and after that ideally release something upon graduation and the one that I landed there I was researching already a concept with one of these co-founders and it was genuine idea it had nothing to do or very little to do with what we’re doing now but you understand that was the start of the journey and the novice Journey or the Insight that we had was that hey there are in particular verticals there are a lot of consecutive payments you understand and circular payments in between business and today you just need to wait for that sequence to develop or you know like there’s nobody simplifying those circular payments so we thought of hey why don’t we do something comparable to like a split wise or business in verticals such as you understand fried or Logistics or building and construction you know you have a ton of parties that need 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 Home Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B zero they would get they would pay absolutely no or get absolutely no and after that company C we get a hundred dollars so when we’re speaking with large business they all loved it but it was the typical like cold start issue I’m like hey this is terrific when everyone remains in the platform however till then it’s it’s pretty difficult to get individuals to do anything so it was all about hi 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 information we got to two conclusions it’s like we either get data through using an Analytics tool a workflow tool or we provide a financing we have a funding and we get the individuals or data give us data in order to get financing so you understand we began doing that like exploring a growing number of and more and then what we need what we saw is that we knew more about sales than anything else we were truly thinking about fintech and specifically in funding and you understand like we would look at various modes various verticals and so on for 2 weeks at a time if we discovered enough things we would opt for 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of offering this this SAS companies at all so they could extend terms to the customers however always get the money in advance so we’re solving the financing payment possessions companies have which is they have in advance costs to get customers and then they get paid months of the month right so to avoid that cash card that every SAS company faces and that we faced in the past in the previous experience the goal was to give them a tool so they might state to the customer hello look the rate is 100
per year and if you wish to pay monthly fantastic usage capshase you understand um and then Creators like that they resembled hi men this is fantastic this is the Holy Grail of SAS since I need to do discount rates so my ACV boosts and I can close sales quicker because I’m providing versatile payment terms so it resembles the Holy Grail you understand you increase ACV you reduce cell cycle generally it resembles a compromise you understand and after that the next thing they stated was like hey why don’t I do this for all my client base instead of for every new customer that I solve so why do not I do this for my 300 customers instead of doing it for the net for the 10 new customers I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into upfront funding to be less depending on Equity as I stated the beginning yeah alright this is what we’re going to begin with and after that we’re going to discover a lot so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a friend at HBS and after that male we began working on it like crazy and and left what is your long-term Vision so it began with you understand you arrived at this hate you if you’re resting on ARR we understand the business’s uh churn we know the company’s retention gross margins And so on so I can take their ARR and lend 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 business right like we only method with such business intentionally right so we withstood the
desire to go and work with funding you understand with any vertical we only deal with SAS so our goal is to establish multiple items for SAS so we start with financing and it’s great because business actually depend on us we truly like a partner and we we help them to not just get financing however work much better in a more effective method and through that we’re finding you understand chances to expand you understand in the transaction of a SAS item