What Is Capital-as-a-Service (CaaS)?

Your business needs capital to invest in cutting-edge initiatives and grow. However, raising funds is a complex endeavour that can take away from more productive activities and negatively impact your projected timeline. Capital-as-a-Service (CaaS) platforms eliminate this challenge by simplifying the lending process and accelerating access to financial resources.

About CaaS-Based Financing

CaaS is a flexible approach to funding that allows your company to obtain capital quickly and on a schedule. With a structure that supports long-term growth, the service provides opportunities for additional funding as your business scales up. Convenient to use, CaaS integrates seamlessly into your company’s financing strategy.

How CaaS Functions

Two central components of CaaS include a streamlined process and long-term relationships. Accessing capital through a CaaS platform should be seamless. Once the relationship is initiated, subsequent fund requests can be approved within 48 hours. Reducing the management time necessary to acquire capital is the primary goal of the streamlined process.

The service relies on a lasting relationship between the borrower and lender. While you can access funds once off, the benefits of CaaS platforms come through over the long term. CaaS providers that develop a lending track record with you will be able to deploy additional funds quickly to keep your business growing.

The Advantages of Using CaaS

From enhancing growth to managing cash flow, CaaS is a valuable resource for businesses across many industries. Consider some of the following reasons for using this service:

Provides Convenient Access to Capital

SMEs and startups often struggle to keep up because they lack access to adequate funding. CaaS alleviates this concern by allowing enterprises to retrieve capital as projects arise. Typically, the approval process for initial funding takes only a few weeks and requires little effort on the borrower’s end. Once your company is set up on a CaaS platform, obtaining funds becomes as easy as submitting updated documents.

Accelerates Growth Opportunities

The streamlined nature of CaaS enables your business to focus on more productive endeavours, such as new product development and groundbreaking research. If your company spends more time on fruitful activities, the likelihood of experiencing significant growth increases. Additionally, receiving capital injections on a schedule that suits your business improves cash flow so you can continue focusing on your business’ growth.

Encourages Long-Term Financial Planning

Some CaaS providers supply companies with capital in periodic installments. When your business receives predictable payments, you can manage cash flow and develop detailed budgets. With a clear financial plan, you can scale up operations and prepare for potential problems down the line with a higher level of confidence. Incorporating your expected advances from your CaaS provider into your budget gives your company a capital boost you can leverage to accelerate growth.

Delivers Alternative Non-Dilutive Funding Options

CaaS delivers funding that puts entrepreneurs at the forefront. Since CaaS providers function more like long-term partners than traditional lenders, they attain no equity in the businesses they finance. This system allows your enterprise to receive supplemental funding that does not come with equity dilution.

Increases Positive Cash Flow

CaaS that is backed by government receivables, like Easly Advances, don’t require any upfront interest or transaction fees. All costs associated with the loan are recouped directly from the government payments. That makes this form of financing cash flow positive to your business.

What is Easly’s CaaS Platform?

Innovative Canadian enterprises that receive government tax incentive refunds like SR&ED, or grant support like IRAP, can advance those funds using Easly’s Capital-as-a-Service platform.

When you partner with us, accessing non-dilutive financing through our online CaaS platform is simple. Plus, these resources can go towards more SR&ED work, amplifying the amount of tax credits your business receives. In some cases, companies can use Easly Advances to increase their refund from the Canada Revenue Agency (CRA) by as much as four times the cost of capital.

Contact us today to learn more about our CaaS platform.