Capchase has announced the general availability of Mila, a 24/7 autonomous artificial intelligence deal desk designed to streamline vendor financing for enterprise technology. Vendors utilizing the platform can now forward a quote via email, Slack, or chat at finance.new, receiving instant pricing, buyer credit determinations, and ready-to-sign financing paperwork within seconds at any hour of the day.
Capchase launched Mila, an AI-powered deal desk that operates 24/7 to process enterprise technology vendor financing.
Vendors can interact with Mila via email, Slack, or chat at finance.new by submitting a quote to receive instant financing proposals and buyer credit decisions.
The platform can generate branded financing proposals with multiple payment options, create buyer payment links, and assemble full loan agreements.
During the summer beta phase, more than 75% of financing actions handled by Capchase's deal desk were successfully managed through Mila.
Major enterprise technology vendors, including Barracuda and Verkada, are already using Mila within their sales and Slack workflows.
Mila integrates with Capchase’s AI underwriting infrastructure, which evaluates over 90% of financing applications in under a minute.
While the global equipment and vendor financing market stands at $1.3 trillion, the administrative process of securing enterprise tech deals has historically operated on rigid bank hours. Routine requests regarding customer credit approvals or adjusted monthly payment structures often take days of manual back-and-forth, risking slippage into subsequent quarters.
Mila is engineered to remove these bottlenecks by operating continuously. Sales representatives can send a PDF quote and receive a customized financing proposal priced against available buyer credit in seconds, or work backward from a client's budget constraints. Furthermore, the agent compiles buyer payment links, attaches custom vendor order forms, and packages the entire financing agreement for legal review.
"Financing a deal should not take longer than selling it," said Miguel Fernandez, CEO and co-founder of Capchase. "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."
Running a manual vendor financing program typically requires a dedicated team bridging sales, credit, and legal functions. By automating these administrative workflows, Mila allows deal desk professionals to focus on structuring optimal agreements rather than managing paperwork.
"Capchase and Mila have supported our sales motion with fast, high-quality support that keeps deals moving," said John McAvoy, VP of Sales at Barracuda. "We receive near instant responses over email and Slack, so our reps never lose momentum with prospects and can close opportunities more efficiently."
Built on Capchase’s proprietary AI underwriting infrastructure, Mila requires no complex installation or specialized training; representatives familiar with email or chat workflows can begin utilizing her immediately. When a transaction requires human intervention, Mila transfers the case seamlessly with full contextual history intact.
About Capchase
Capchase is a vendor financing platform and lender that helps enterprise technology companies close more deals by offering instant financing to their buyers. We've transformed the vendor financing process by embedding underwriting, origination, and deal management directly into sales workflows, and generating loan proposals and documents with the help of AI agents. Founded in 2020, Capchase serves enterprise tech companies and channel partners, including Barracuda, Verkada, Motive, Okta, Datarails, Netradyne, and Insight. Capchase is based in New York, with offices in San Francisco, Dallas and Madrid, and is backed by leading fintech investors QED, Invesco, Thomvest, and 01 Advisors. Vendor financing at the speed of tech. Meet Mila at finance.new.
