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

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

Venture Debt Explained: How to Navigate the Fundraising Process

by Cheqly team | | 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 | | 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

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