It can be challenging to choose the funding model … Saas Finance Modeling Solution .
Get up to a year of upfront capital right away, providing you the flexible financing you need to grow your service and scale. We provide the essential financing you need at that moment. Within 24 hours, we examine the funding required and deposit it immediately to your account.
Capchase works with these users and organization types: Mid Size Company, Small Business, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the response how about the best of
both
you’re right with standard funding
that’s not truly a choice previously
keep your 100 with cap chase we use information
to make financing quicker fairer and more
flexible based on your future
foreseeable income and after that we wrap it
all up with a single transparent charge
so let’s get this party started at
There is always a moment when a start-up’s founders, senior management group, and leading financing executives evaluate strategies for how to scale the business to the next level and catalog what’s needed to do that successfully. Protecting funding at an early stage can accelerate development and result in attainable and quantifiable success. Ultimately, financing supervisors and the strategic preparation group need to choose the right financing source to assist the business reach its objectives.
that management sets for the organization. Weighing the threats and competitive hazards in a balanced and smart method is vital as it can decide the future of your business The ramifications of offering equity, managing inconsistent capital, rates of interest movements, and the need to make prompt payments to lending institutions are among the elements to consider, just to name a few.
That stated, with the rise of brand-new and more sophisticated funding options that put the business interests of start-ups and midsize business first, there’s typically a way to determine a solution that’s a great fit. It is very important to investigate the various funding choices that are offered to a business’s creators, management accountants, and financing officers and what factors to consider they need to produce both the brief and long 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 repeating Earnings 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 excellent to be here yeah I’m really excited to share more incredible I’m delighted to enter into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you think about from what I understood you’re a first time founder very first time creator it resembles you struck a crowning achievement out of the park out of the gates I like it man that’s fantastic well as soon as they won you know like it’s never ever the Crowning achievement never ever like never counts up until the game is over best generally so so so yeah um we are 4 co-founders you know and it’s funny since we have actually all fulfilled through initially as buddies you know and then as co-founder so uh there’s three people that collaborate at the very same SAS company in in Spain so we all signed up with when it was really early I joined as the first person in sales and there are two people joined us that as item managers basically and we see the company from no to a few million err over three years and after that we left um at the same time approximately I went to service school and I went to business 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 service school I I got into into Harvard and you know I was very thrilled about it my entire goal was to go there to learn more about how to become a creator and after that ideally introduce something upon graduation and the one that I landed there I was investigating already a concept with among these co-founders and it was authentic idea it had nothing to do or extremely little to do with what we’re doing now but you know that was the start of the journey and the novice Journey or the Insight that we had was that hey there are in certain verticals there are a lot of consecutive payments you know and circular payments between business and right now you simply have to wait on that series to establish or you know like there’s no one simplifying those circular payments so we thought of hey why don’t we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or building and construction you understand you have a lots of celebrations that have to await various payments like they’re all involved in one way or another so imagine you have a platform and after that you have company a post Company B 100 and Company B Home Company 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 zero they would get they would pay no or get zero and after that business C we get a hundred dollars so when we’re speaking to big business they all enjoyed it but it was the typical like cold start issue I’m like hey this is fantastic when everyone remains in the platform however till then it’s it’s pretty tough 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 all about getting more data and to get more data we got to two conclusions it resembles we either get data through offering an Analytics tool a workflow tool or we provide a financing we have a financing and we get the individuals or information offer us data in order to get funding so you know we began doing that like checking out 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 interested in fintech and particularly in funding and you know like we would take a look at various modes different verticals and so on for two weeks at a time if we discovered enough stuff we would opt for two more weeks if we didn’t would suffice and then in January 2020 we had the the idea you understand which is funny of using this this SAS companies at all so they could extend terms to the consumers but constantly get the money up front so we’re solving the funding payment assets business have which is they have in advance expenses to obtain customers and then they earn money months of the month right so to prevent that money card that every SAS business faces 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 client hello look the cost is 100
per year and if you want to pay month-to-month fantastic usage capshase you understand um and then Creators enjoy that they resembled hey people this is incredible this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV increases and I can close sales much faster since I’m offering flexible payment terms so it’s like the Holy Grail you know you increase ACV you decrease cell cycle normally it’s like a compromise you know and then the next thing they said was like hey why do not I do this for all my consumer base instead of for each new customer 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 brand-new clients I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into in advance financing to be less based on Equity as I stated the beginning yeah alright 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 which’s when the 4th co-founder joined who has a good friend at HBS and then guy we began working on it like crazy and and left what is your long-lasting Vision so it began with you understand you arrived at this hate you if you’re resting on ARR we know the business’s uh churn we know 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 but what is a long-term 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 method with such companies deliberately right so we resisted the
urge to go and work with financing you understand with any vertical we only work with SAS so our goal is to develop several products for SAS so we begin with funding and it’s excellent since companies truly count on us we actually like a partner and we we help them to not just get funding however work better in a more effective method and through that we’re finding you know chances to broaden you know in the transaction of a SAS item