PAYDEX Score: What It Is and How to Improve It

by Cheqly team | | PAYDEX Score

If you’re applying for a bank loan, seeking funding from an investor, or even trying to arrange trade credit terms with a supplier, you will probably discover that the institution at the other end of the deal is interested in your Paydex score. Your Paydex score acts like a business credit score that indicates your … Continued

Tap-to-Pay Trends in the US: Why Small Businesses Are Adopting It Faster Than Ever

by Cheqly team | | Tap to Pay Trends

Tap-to-Pay, also called contactless or NFC (Near Field Communication) payments, has changed how Americans shop and how merchants accept payments. Consumers can just tap a contactless card, phone, or wearable device on a compatible reader to complete a transaction in a few seconds. This shift is driven by demand for faster and more convenient checkout … Continued

12 Ways to Improve Financial Reporting Accuracy

by Cheqly team | | Accurate financial reporting

Having precise financial records is a key factor in operating your business transparently and confidently. This gives you a clear picture of your revenue, costs, and financial position, which in turn enables you to make better decisions, control cash flow, and strategize for development successfully. However, financial record-keeping is still a challenge for many small … Continued

How Venture Debt Helps E-commerce Startups Scale Without Dilution

by Cheqly team | | Venture debt for e-commerce startups

Just having a strong product is not enough to run a successful e-commerce business. In addition, e-commerce businesses require capital available at the right time to purchase inventory, carry out marketing activities, manage logistics, and pursue expansion. While equity financing can dilute ownership, venture debt gives startups access to growth capital with less dilution. It … Continued

What Is Intrinsic Value and How Does It Impact Your Business

by Cheqly team | | What Is Intrinsic Value

Building a business is a complex task, and one of the major challenges is figuring out whether the company is really worth the value the market is assigning to it. Valuations can fluctuate due to investor sentiment, trends, and short-term expectations, which may not necessarily reflect the true financial strength of the business. As a … Continued

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