10 Financial Mistakes Entrepreneurs Make and How to Avoid Them

by Cheqly team | | Financial Mistakes

You embark on an entrepreneurial adventure largely dependent on chance or good fortune. It’s amazing to decide to destroy the boats and take control of the island with your smart idea. You possess the vision to establish and develop something exceptional, just as you’ve always desired. Nonetheless, 85% of your company will cease to exist … Continued

Debt Covenants: A Comprehensive Guide

by Cheqly team | | Debt Covenants

Debt covenants, which are written contractual obligations, are used in the case of loans or credit lines to enable creditors to impose restrictions on borrowers’ business activities as a condition for receiving credit. Borrowers and lenders can set the covenants together within the loan contract. Debt covenants may be in these agreements whereby an organization … Continued

How to Settle IRS Tax Debt: A Tax Settlement Guide

by Cheqly team | | IRS Tax Debt Settlement

Filing taxes on time is essential for every American taxpayer who makes money. Yet, extraordinary circumstances may emerge that leave you unable to pay the taxes owed by the deadline. Because the IRS recognizes this, it allows taxpayers to settle their taxes.  Income tax payment plans can be generally granted and administered by the IRS … Continued

What is Direct Deposit through ACH?

by Cheqly team | | ACH Direct Deposit

Let’s review the key aspects of ACH Direct Deposit that you should be aware of, starting with how it works and its benefits. What is an ACH Direct Deposit? ACH direct deposit lets employers or state and federal agencies transfer money electronically straight into a consumer’s bank account. It can be categorized into three groups: … Continued

How Digital Banking is Revolutionizing the Financial Sector

by Cheqly team | | Digital Banking

What are Digital Banking Services? There are various ways in which online banking apps and physical banks are different. Financial services online do not incur the overhead associated with building ownership, lease, or maintenance. Because of this, online-only providers can offer checking and savings accounts without any monthly fees. Many of them also provide additional … Continued

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