BEMO Corp, a $10M+ ARR SaaS company who has been in business since 2010, has helped more than 1,000 businesses with their cybersecurity, compliance and IT needs and have been awarded the 2023 U.S. Microsoft Partner of the Year.
BEMO came to Capchase in 2022 seeking an adequate financing partner to support their growth and ambitions. They had used other funding sources including another revenue-based financing partner in the past, but felt that the other provider’s service and financial product offering was going in the opposite direction. BEMO needed a partner they could scale with and trust.
Joel Lachance, Co-Founder, CFO & Vice President, Business Development at BEMO shared that, “Capchase Grow played a big role in our success and has put us on a great path working toward achieving our $100M ARR target. What I appreciate most about working with Capchase is that they are direct, transparent, fast and supportive.”
Lachance shared that his experience with Capchase’s underwriting process was quick and seamless and that accessing their funding when they have needed it over the past two years has been really simple. Capchase Grow has helped them push the pedal on investing in strategic product and go-to-market initiatives, ultimately expanding their reach and increasing revenue. “Without Capchase Grow, we would have had to turn to more traditional but restrictive loan options like a convertible note, or even emptying our own bank accounts, to be able to invest in the efforts we needed to along the way,” said Lachance.
