It can be challenging to pick the funding model … Saas Project In Finance .
Get up to a year of in advance capital instantly, giving you the flexible financing you need to grow your business and scale. We offer the essential funding you require at that minute. Within 24 hours, we assess the financing needed and deposit it quickly to your account.
Capchase works with these users and company types: Mid Size Company, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
business the response how about the best of
both
you’re right with standard financing
that’s not actually an alternative until now
keep your 100 with cap chase we use information
to make financing quicker fairer and more
flexible based upon your future
foreseeable revenue and after that we wrap it
all up with a single transparent fee
Let’s get this celebration started at
There is always a time when a start-up’s founders, senior management team, and top finance executives examine strategies for how to scale the company to the next level and catalog what’s needed to do that effectively. Protecting funding at an early stage can speed up growth and result in quantifiable and achievable success. Eventually, financing managers and the tactical preparation team need to choose the right funding source to assist the business reach its objectives.
that management sets for the organization. Weighing the risks and competitive risks in a smart and balanced method is essential as it can decide the future of your company The implications of offering equity, handling inconsistent cash flow, rate of interest movements, and the need to make prompt payments to loan providers are among the elements to consider, just to name a few.
That stated, with the increase of brand-new and more sophisticated financing options that put the business interests of start-ups and midsize business initially, there’s typically a way to find out a solution that’s a good fit. It is necessary to investigate the different financing alternatives that are available to a company’s founders, management accountants, and finance officers and what considerations they require 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 company of non-dilutive development capital for repeating Earnings business essentially assisting companies grow without giving up that valuable Equity you took so long to develop 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 extremely delighted to share more incredible I’m thrilled to enter 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 comprehended you’re a first time creator first time founder it’s like you struck a home run out of the park out of evictions I like it man that’s remarkable well as soon as they won you know like it’s never the Home Run never like never counts till the game is over right generally so so so yeah um we are four co-founders you understand and it’s funny because we have actually all met through initially as pals you understand and after that as co-founder so uh there’s 3 people that work together at the same SAS business in in Spain so all of us signed up with when it was extremely early I signed up with as the very first individual in sales and there are 2 individuals joined us that as item managers generally and we see the company from zero to a few million err over three years and then we left um at the same time approximately 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 service school I I entered into Harvard and you understand I was very delighted about it my entire goal was to go there to get more information about how to end up being a founder and then hopefully release something upon graduation and the one that I landed there I was researching already a concept with among these co-founders and it was authentic idea it had nothing to do or very little to do with what we’re doing now but you know that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there remain in certain verticals there are a great deal of consecutive payments you understand and circular payments between companies and right now you just have to wait on that sequence to develop or you understand like there’s no one simplifying those circular payments so we considered hi why don’t we do something similar to like a split smart or companies in verticals such as you know fried or Logistics or building you understand you have a ton of parties that need to wait on different payments like they’re all associated with 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 happen is a company.
a would pay a hundred the platform Business B absolutely no they would get they would pay zero or get zero 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 typical like cold start issue I’m like hey this is excellent when everybody’s in the platform however until then it’s it’s pretty hard to get individuals to do anything so it was all about hi how do we get more information how can we type 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 2 conclusions it’s like we either get data through providing an Analytics tool a workflow tool or we provide a funding we have a funding and we get the people or data give us data in order to get financing so you know we started doing that like exploring more and more and more and then what we need what we saw is that we understood more about sales than anything else we were really thinking about fintech and specifically in financing and you know like we would look at various modes different verticals and so on for two weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the idea you know which is funny of providing this this SAS companies at all so they could extend terms to the customers but always get the cash up front so we’re resolving the funding payment properties business have which is they have upfront costs to get consumers and after that they earn money months of the month right so to avoid that cash card that every SAS company faces and that we dealt with in the past in the previous experience the goal was to give them a tool so they could say to the consumer hello look the rate is 100
each year and if you want to pay month-to-month fantastic usage capshase you understand um and then Creators like that they were like hey men this is remarkable this is the Holy Grail of SAS because I need to do discounts so my ACV boosts and I can close sales faster since I’m using flexible payment terms so it resembles the Holy Grail you understand you increase ACV you decrease cell cycle normally it’s like a compromise you know and then the next thing they said was like hi why do not I do this for all my client base instead of for every single brand-new customer that I solve so why do not I do this for my 300 consumers instead of doing it for the net for the 10 new clients I get months of a month so then we saw what they desired was to transform their ARR or the client base into upfront funding to be less dependent on Equity as I said the starting yeah all right this is what we’re going to begin with and after that we’re going to learn so much so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a buddy at HBS and after that man 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 know the business’s uh churn we know the business’s retention gross margins And so on so I can take their ARR and lend 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 only way with such companies intentionally 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 multiple products for SAS so we begin with funding and it’s fantastic since business really rely on us we truly like a partner and we we help them to not just get financing however work better in a more effective method and through that we’re discovering you know opportunities to broaden you know in the deal of a SAS item