Cheqly Blog about Business Accounts in US

Ten Key Tech Trends Reshaping Financial Services in 2024 and Beyond

by Cheqly team | August 30, 2024 | Financial Services Trends

The financial services industry is undergoing constant change, with the technological revolution being the most important. Despite global economic difficulties, institutions must be watchful and adapt to new ways, with a growing emphasis on cost-effective and efficient technological solutions. From artificial intelligence (AI) to blockchain, disruptive technologies are changing the scenario in 2024 and beyond. … Continued

How Does AI Impact Banking Operations?

by Cheqly team | August 26, 2024 | AI in Banking

AI, or artificial intelligence, is an organized force bringing change in various fields. One field where early and active changes are introduced is the banking industry. That is why this article aims to review all the opportunities that artificial intelligence is preparing for the financial services industry in detail. We will explain AI-powered banking in … Continued

Venture Debt Explained: How to Navigate the Fundraising Process

by Cheqly team | August 21, 2024 | Venture Debt

One of the most frequent issues entrepreneurs encounter is how to sufficiently finance their ventures from start to finish. Many rely on stock raises to move up the J-curve, but the resulting dilution is frequently expensive. Apart from this, there are plenty of options available. Founders often underuse this potentially attractive alternative: venture debt. Venture … Continued

How to Qualify for Venture Debt: Understanding Eligibility and Requirements

by Cheqly team | August 16, 2024 | Venture Debt

Securing venture debt can be a strategic step for early-stage companies that want to grow but don’t want their equity diluted. However, understanding eligibility and requirements is crucial for success. In this guide, we dissect the usual set of qualifying standards and the strict requirements of most lenders. Note that these are the “hard and … Continued

Why Does Your Business Need an Emergency Fund?

by Cheqly team | August 12, 2024 | Business Emergency Fund , Emergency Fund

In most cases, emergency funds may be discussed in terms of a person rather than a company or organization. An emergency fund is a specific sum of money to be saved and available in case, as the name suggests, of an emergency. It is literally a cash box that will assist your business in pulling … Continued