How to Choose the Right Payment Method for Your Business: A Step-by-Step Guide

by Cheqly team | | Payment Method

It cannot be overemphasized how important it is to choose the appropriate payment option in today’s connected global economy. Payment methods impact cash flow, financial reporting, and ties to suppliers and customers. Businesses are trying to be more adaptable and durable, so it’s important to comprehend this universe of payment options.  This article will cover … Continued

What Is the Difference Between Venture Debt and Venture Capital?

by Cheqly team | | Venture Capital , Venture Debt

Founders know that they must have access to finance to create enterprises that can compete globally. To generate future profit streams, free cash flow must first support expansion funding and capital investment. The story is as old as commerce itself. Companies without consistent cash flow or sufficient security to back up “asset-based lending” will not … Continued

What is ACH Fraud? What Measures can be Taken to Safeguard your Business?

by Cheqly team | | ACH

ACH (Automated Clearing House) is an affordable and widely used payment method with low risk. However, less risk does not equate to no risk, as many companies are discovering that their responsibility rises as ACH payment usage rises. Determining the nature and mechanism of ACH fraud is the first step towards mitigating its risk. The … Continued

What Does Due Diligence Mean in Venture Capital?

by Cheqly team | | Due Diligence , Venture Capital

Due diligence in venture capital is important for making informed investments in great opportunities. Before understanding due diligence in venture capital, let’s understand it using an example. A group of friends are considering launching a new company. They visit the bank to request a loan and to pitch the bank on their start-up concept. Nevertheless, … Continued

What Are Intermediary Banks? What Do They Do?

by Cheqly team | | Intermediary Bank

Let’s say you are an entrepreneur and you need to make a payment to a supplier or business partner who is operating outside the country. This can be problematic since you have to deal with different currencies, regulations, and banks. This is the time when intermediary banks intervene. They simplify the transfer process by serving … Continued

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