Capchase, the embedded vendor financing platform for enterprise technology, released Mila, a 24/7 AI deal desk for vendor financing. Vendors on Capchase can now email Mila a quote, mention her in Slack or open a chat at finance.new, and get back a priced financing proposal, a buyer credit decision and ready-to-sign paperwork in the same conversation.
“Financing a deal should not take longer than selling it,” Miguel Fernandez, co-founder and CEO of Capchase, said. “Mila runs on the schedule of the deal, not the bank. She answers at 2 p.m. or 2 a.m., and paperwork stops being the reason a sale slips into next quarter.”
Working with Mila, a vendor’s seller can:
- Send a PDF quote and receive a branded financing proposal with up to three payment options priced against the buyer’s available credit, or work backward from a budget: “What would it take to keep this under $2,500 a month?”
- Create the order and buyer payment link, attach the vendor’s own order form and assemble the full financing agreement for legal review
- Check where a deal stands at any time: link opened, payment method added, agreement signed
Mila takes on the necessary work for a deal desk to put its attention on structuring the best deal rather than on managing the back-and-forth. She works from each deal desk’s own context, including approval criteria and pricing.
“We built our portal to be the best in the industry, and close to $2 billion in deals has gone through it,” Guli Moreno, co-founder of Capchase, said. “But every portal still requires manual, tedious input. Mila removes that step. You tell her what you need and the work gets done.”
