Can I Make Personal Expenses Using My Business Debit Card?

by Cheqly team | | Business Debit Card

As a business owner, you might wonder if you can use your business debit card for personal expenses since the money is technically yours. Also, for small business owners, it’s common to confuse personal and business expenses. When is it okay for your business to handle costs like coffee, and when should you use your … Continued

What Is Non-Dilutive Funding & Is It Right for Your Business?

by Cheqly team | | Non Dilutive Funding

It is as important to have enough money to finance business activity, as shown by the fact that a lack of funds is often cited as the main reason for business failure. To achieve financial stability and improve cash flow, business owners often rely on additional funding from secondary sources, commonly through non-dilutive funding. So, … Continued

7 Key Mistakes to Avoid When Seeking Venture Debt

by Cheqly team | | Venture Debt

The analysis of the sources and uses of funds is an important element of every enterprise’s plan. When it comes to organizing finances, everything will be clear, starting with budget management and including cash flow forecasts. However, the task is rather versatile, and plenty of small business owners experience difficulties in performing it. Before that, … Continued

How Long Does It Normally Take for an ACH Transfer?

by Cheqly team | | ACH Transfer

ACH transfers ordinarily require one to three days; however, that is not all there is. The Automated Clearing House (ACH) is a network of interlinked banks that enables transfers to occur between customers having accounts in different banks. Thus, you can send money and receive it from others even if your bank is different. ACH … Continued

Top 10 Emerging Trends in Digital Payments

by Cheqly team | | Digital Payments Trends

Traditional cash is becoming obsolete as digital payments become the new standard. This change reflects our changing digital environment rather than being merely a convenience. Here, we examine the major developments in digital payments and how they will influence the market in 2024 and beyond. What are Digital Payments? Digital payments are transactions made using … Continued

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