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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
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
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
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
An ACH routing number is a code made up of nine digits, enabling American banks to send money electronically. An ACH number is a requirement for bank transfers in the ACH network. This method of operation helps reduce the probability of errors and expedites the transaction by ensuring that the accounts are properly connected to … Continued
Never miss any payment or leave your company without an opportunity to keep rolling.
Never miss any payment or leave your company without an opportunity to keep rolling.