What is a Correspondent Bank?

by Cheqly team | | Correspondent Bank

Are you also eagerly looking for a correspondent bank? If yes, you are in the right place because you will find all the information here.  To handle financial activities like international wire transfers, correspondent banking usually entails domestic banks collaborating with a partner overseas bank. Let’s begin and know everything in detail about correspondent banks. … Continued

When Should Your Business Consider Venture Debt?

by Cheqly team | | Venture Debt

Every start-up founder has a goal that the company must have enough cash and investment. There are multiple sources to get funds for the business, such as Angel Investors, VC funds, etc, along with fundraising tools that help to draw investors’ interest in the business.  In certain circumstances, venture debt may be equally advantageous as … Continued

How Long Does a Wire Transfer Typically Take?

by Cheqly team | | Wire Transfer

In today’s financial landscape, wire transfers are among the best, fastest, and most secure ways to send money, whether internationally or domestically. International wire transfers involve sending funds across borders, while domestic wire transfers occur within a single country. According to the data, more than 202 million wire transfers were processed in 2024 by November. … Continued

Understanding How Venture Debt Financing Works

by Cheqly team | | Venture Debt

Being an entrepreneur and early start-up owner, you must consider venture debt a crucial instrument for early-stage businesses trying to spur growth. Venture debt financing is an excellent addition to equity financing for companies that need to raise funds to grow but have not yet turned a profit. Specialized venture debt lenders provide venture financing … Continued

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

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