It can be challenging to choose the financing model … Saas Premium Financing .
use non-dilutive development capital on-demand. Get as much as a year of in advance capital immediately, providing you the versatile funding you need to grow your business and scale. Select unsettled invoices or just recently paid expenditures, and select payment regards to 3,6,9, or 12 months. As much financing, or as little, when you require it. We accept monthly, quarterly, even yearly agreements, adapting to satisfy your demands. We provide the needed financing you need at that moment. Your cash works for you instead of sitting idle. Within 24 hours, we assess the financing needed and deposit it immediately to your account. Our easy-to-use user interface allows you to comprehend and handle all your accounts and deals. Access more capital as you scale. We are your partner every action of the method, decreasing our rates the longer we work together. Your data allows us to rapidly supply you with the right amount of capital your company requirements.
Capchase works with these users and company types: Mid Size Company, Small Business, Business, 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 standard financing
that’s not truly an option until now
keep your 100 with cap chase we utilize data
to make financing much faster fairer and more
flexible based upon your future
predictable earnings and then we wrap it
all up with a single transparent charge
Let’s get this party started at
There is always a moment when a start-up’s creators, senior management team, and leading finance executives evaluate techniques for how to scale the business to the next level and catalog what’s needed to do that effectively. Securing funding at an early stage can accelerate growth and cause achievable and measurable success. Ultimately, financing supervisors and the strategic preparation team have to decide on the right financing source to assist the company reach its goals.
that management sets for the organization. Weighing the threats and competitive dangers in a intelligent and balanced way is crucial as it can choose the future of your business The ramifications of selling equity, managing inconsistent cash flow, rate of interest movements, and the requirement to make prompt payments to lending institutions are among the elements to consider, just to name a few.
That said, with the rise of brand-new and more advanced financing choices that put business interests of start-ups and midsize business initially, there’s normally a way to find out an option that’s a good fit. It is necessary to examine the different financing options that are available to a business’s founders, management accountants, and financing officers and what factors to consider they require to make for both the long and brief term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a company of non-dilutive development capital for recurring Earnings business basically helping business grow without giving up that precious Equity you took so long to develop Miguel welcome to traction thank you so much for joining us Hey Lloyd thank you a lot for having me it’s terrific to be here yeah I’m extremely delighted to share more awesome 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 consider from what I comprehended you’re a very first time founder very first time founder it resembles you hit a crowning achievement out of the park out of evictions I enjoy it man that’s amazing well as quickly as they won you understand like it’s never the Home Run never ever like never ever counts until the video game is over right essentially so so so yeah um we are 4 co-founders you know and it’s amusing due to the fact that we have actually all met through first as good friends you know and after that as co-founder so uh there’s 3 of us that collaborate at the exact same SAS business in in Spain so all of us signed up with when it was very early I signed up with as the very first individual in sales and there are two individuals joined us that as product supervisors generally and we see the business from no to a few million err over three years and then we left um at the same time roughly I went to company school and I went to business 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 company school I I entered into into Harvard and you understand I was really delighted about it my whole goal was to go there for more information about how to become a creator and then ideally introduce something upon graduation and the one that I landed there I was looking into already a concept with among these co-founders and it was authentic idea it had absolutely 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 beginner Journey or the Insight that we had was that hey there remain in certain verticals there are a great deal of sequential payments you know and circular payments between business and today you just need to await that series to establish or you understand like there’s nobody streamlining those circular payments so we thought about hey why do not we do something similar to like a split smart or companies in verticals such as you understand fried or Logistics or construction you understand you have a lots of parties that have to wait for different payments like they’re all involved in one way or another so picture you have a platform and after that you have company a post Company 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 zero they would get they would pay zero or receive no and then business C we get a hundred dollars so when we’re talking to large companies they all loved it however it was the normal like cold start issue I resemble hey this is great when everyone’s in the platform however up until then it’s it’s quite difficult to get people to do anything so it was all about hello how do we get more information how can we sort 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 information we got to two conclusions it’s like we either get information through using an Analytics tool a workflow tool or we provide a financing we have a funding and we get the individuals or data provide us data in order to get financing so you know we began doing that like checking out increasingly more and more and after that what we need what we saw is that we knew more about sales than anything else we were truly thinking about fintech and particularly in funding and you know like we would take a look at different modes different verticals and so on for 2 weeks at a time if we discovered enough stuff we would go for two more weeks if we didn’t would cut it and then in January 2020 we had the the idea you understand which is amusing of using this this SAS companies at all so they might extend terms to the clients but constantly get the money in advance so we’re resolving the funding payment assets business have which is they have upfront expenses to acquire customers and after that they make money months of the month right so to prevent that money card that every SAS business deals with and that we dealt with in the past in the previous experience the goal was to give them a tool so they could state to the customer hey look the rate is 100
annually and if you wish to pay month-to-month great usage capshase you know um and after that Founders like that they were like hey people this is incredible this is the Holy Grail of SAS due to the fact that I have to do discounts so my ACV boosts and I can close sales quicker because I’m providing versatile payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle normally it resembles a trade-off you understand and then the next thing they said resembled hey why do not I do this for all my consumer base instead of for every new client that I solve so why do not I do this for my 300 clients instead of doing it for the internet for the 10 new clients I get months of a month so then we saw what they wanted was to convert their ARR or the client base into in advance financing to be less based on Equity as I stated the beginning yeah okay this is what we’re going to start with and then we’re going to learn so much so we’re gon na do the rest afterwards which’s when the fourth co-founder joined who has a good friend at HBS and after that guy we began working on it like crazy and and dropped out what is your long-term 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 understand the business’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-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 deliberately right so we resisted the
desire to go and work with financing you know with any vertical we only work with SAS so our objective is to develop numerous products for SAS so we start with financing and it’s terrific because companies actually depend on us we really like a partner and we we help them to not just get funding however work better in a more efficient way and through that we’re discovering you know opportunities to broaden you know in the transaction of a SAS product