It can be challenging to select the funding model … Saas Revenue Based Financing .
Receive up to a year of in advance capital immediately, giving you the flexible financing you require to grow your business and scale. We supply the needed financing you require at that moment. Within 24 hours, we assess the funding needed and deposit it instantly to your account.
Capchase deals with these users and organization types: Mid Size Business, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
business the answer how about the best of
you’re right with traditional financing
that’s not really a choice until now
keep your 100 with cap chase we utilize information
to make funding much faster fairer and more
flexible based upon your future
predictable profits 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 top finance executives assess methods for how to scale the company to the next level and brochure what’s required to do that successfully. Securing funding at an early stage can accelerate growth and result in quantifiable and achievable success. Eventually, financing managers and the tactical preparation group need to select the right financing source to assist the business reach its goals.
that management sets for the organization. Weighing the dangers and competitive threats in a balanced and intelligent method is crucial as it can decide the future of your business The ramifications of selling equity, handling irregular cash flow, interest rate movements, and the need to make timely payments to loan providers are amongst the elements to think about, just among others.
That said, with the rise of new and more advanced funding alternatives that put business interests of start-ups and midsize business first, there’s normally a way to figure out a solution that’s a great fit. It is very important to examine the different funding alternatives that are offered to a business’s creators, management accountants, and financing officers and what factors to consider they require to produce both the long and short term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a supplier of non-dilutive development capital for recurring Revenue companies generally helping companies grow without quiting that valuable Equity you took so long to construct 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 very delighted to share more awesome I’m delighted 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 consider from what I understood you’re a first time creator very first time creator it’s like you hit a home run out of the park out of evictions I enjoy it man that’s incredible well as quickly as they won you understand like it’s never the Crowning achievement never like never ever counts up until the video game is over right basically so so so yeah um we are four co-founders you understand and it’s amusing due to the fact that we’ve all met through first as buddies you know and then as co-founder so uh there’s 3 of us that work together at the exact same SAS company in in Spain so we all joined when it was very early I joined as the first individual in sales and there are 2 individuals joined us that as item managers essentially and we see the business from zero to a couple of million err over three years and after that we left um at the same time roughly I went to company school and I went to organization school on the other one went to do a stint in VC with the objective of going to company school later on so when I go to service school I I got into into Harvard and you know I was extremely thrilled about it my whole goal was to go there to read more about how to become a creator and then ideally release something upon graduation and the one that I landed there I was looking into currently a concept with one of these co-founders and it was genuine idea it had nothing to do or really little to do with what we’re doing now but you know that was the beginning of the newbie and the journey Journey or the Insight that we had was that hey there remain in particular verticals there are a lot of consecutive payments you understand and circular payments in between companies and right now you just need to wait on that sequence to develop or you know like there’s nobody simplifying those circular payments so we considered hey why don’t we do something comparable to like a split sensible or business in verticals such as you know fried or Logistics or building you understand you have a ton of parties that have to wait on various payments like they’re all involved in one way or another so picture you have a platform and then 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 business.
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 with large companies they all liked it but it was the common like cold start problem I’m like hey this is fantastic when everybody’s in the platform however until then it’s it’s pretty hard to get people to do anything so it was everything about hi how do we get more information how can we sort of kick start 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 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 financing and we get the data or people provide us data in order to get funding so you know we began doing that like exploring 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 actually thinking about fintech and specifically in financing and you know like we would take a look at different modes different verticals and so on for two weeks at a time if we discovered enough things we would choose 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you know which is funny of offering this this SAS companies at all so they could extend terms to the clients however constantly get the money up front so we’re resolving the funding payment possessions business have which is they have upfront costs to get consumers and after that they get paid months of the month right so to prevent that money card that every SAS company faces and that we faced in the past in the previous experience the goal was to provide a tool so they might say to the customer hi look the price is 100
annually and if you wish to pay monthly fantastic use capshase you know um and then Creators enjoy that they resembled hey people this is incredible this is the Holy Grail of SAS because I have to do discount rates so my ACV boosts and I can close sales much faster since I’m providing versatile payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle typically it resembles a trade-off you understand and then the next thing they stated was like hi why do not I do this for all my client base instead of for every brand-new customer that I get right so why don’t I do this for my 300 clients instead of doing it for the net for the 10 new consumers I get months of a month so then we saw what they desired was to transform their ARR or the client base into in advance funding to be less based on Equity as I said the beginning yeah all right this is what we’re going to begin with and after that we’re going to discover so much so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a pal at HBS and after that male we started dealing with it like crazy and and dropped out what is your long-term Vision so it began with you know you arrived on this hate you if you’re sitting on ARR we know the business’s uh churn we understand the company’s retention gross margins Etc 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 companies right like we just way with such companies intentionally right so we resisted the
urge to go and work with funding you know with any vertical we only work with SAS so our objective is to establish several items for SAS so we start with financing and it’s excellent due to the fact that companies actually rely on us we actually like a partner and we we help them to not just get financing however work better in a more efficient way and through that we’re finding you understand chances to broaden you understand in the transaction of a SAS product