Cheqly Blog about Business Accounts in US

What Is a Bank Identification Number and Why Is It Important?

by Cheqly team | June 17, 2025 | Bank Identification Number

In this digitally evolving world, we can observe a shift toward the globalization of payments and different forms of business and work-related interactions. For that reason, efficiency, security, and precision are critical factors in B2B payments. Closely related to these secure financial operations, one of the most effective but unnoticed factors is the Bank Identification … Continued

How Startups’ Runway Can Be Extended Between VC Rounds

by Cheqly team | June 13, 2025 | Extend Startup Runway

During these challenging financial conditions, startups have to find ways to lengthen their startup runway to survive in case there is a longer gap between VC rounds. As the average time between Series A and Series B rounds has lengthened significantly—an outcome of the reduction in global VC funding—startup founders are under even more pressure … Continued

7 Steps to Financial Forecasting and Planning for Businesses

by Cheqly team | June 11, 2025 | Financial Forecasting and Planning

As a business owner, the choices you make right now can determine your company’s future. Financial forecasting is one of the best tools for guiding these choices. Understanding the financial forecasting of your business can help you predict future revenue, manage budgets, and plan for sustainable growth. Whether you’re launching a startup or scaling an … Continued

8 Common Methods for Determining Startup Valuation

by Cheqly team | June 6, 2025 | Startup Valuation Methods

Have you ever wondered how these valuations were calculated? Compared to established and publicly listed companies, assessing the valuation of a startup can be extremely challenging. There is a severe lack of visibility into the performance record, business strategies, and financial strength. Even startup insiders may stumble due to a lack of operational and financial … Continued

How Businesses Can Start Accepting ACH Payments

by Cheqly team | June 3, 2025 | Accept ACH Payments

Accepting ACH payments is a clever, low-maintenance way to collect your customers’ payments. In the year 2024, businesses made a total of 7.35 billion B2B payments via the ACH Network, which represents an 11.6% increase over the previous year and shows that ACH is becoming a faster, more reliable way of funds transfer, reports NACHA. … Continued