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Shannon Vissers

Lead Staff Writer

10+ Years At Merchant Maverick

Expertise: Payment Processing, Small Business Lending

Education: BA English, San Diego State University

Shannon has been writing for Merchant Maverick about small business software and financing since 2015. She started writing professionally about business topics in 2005. Shannon has been featured in the Washington Post, Reader’s Digest, US News, MSN, Yahoo Finance, Business Insider, and other publications. She has a bachelor’s degree in English from San Diego State University and currently resides in San Diego, California.

Merchant Maverick Archives for Shannon Vissers | Page 4

How to get paid as a freelancer

Best Apps For Freelance Payments

As a freelancer, billing is important. If you don’t send out your invoices, you don’t get paid. But you can’t spend all your time sending invoices and chasing after payments. You’ve got to do some billable work too. Read on to find out the different software services that can help you do everything easier and faster.

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Oct 22, 2024 Filed under: ACH and Check Processing, Credit Card Processing

15 Need-To-Know Buy Now, Pay Later Statistics For Small Businesses

Buying something now but paying for it later has always been a tantalizing concept. But the idea is gaining even more steam now thanks to current events. Traditionally, people turned to credit cards when they didn’t have the cash on hand to afford a purchase. Today’s consumer is increasingly wary of credit card debt, however, and interest in other avenues has grown. Not surprisingly, a bevy of buy now, pay later (BNPL) services have sprung into action to meet the need.

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Aug 17, 2024 Filed under: Buy Now Pay Later, Small Business

Shopify POS Hardware: Cost, Where To Buy, & More

It can take a little time and head-scratching to figure out the best Shopify hardware setup for your business. Your hardware options will depend on various factors, such as your device, your Shopify plan, your credit card processor, and what country you live in. Read on to learn everything you need to know about Shopify hardware.

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Aug 27, 2024 Filed under: Point of Sale, Retail POS

PPP Forgiveness: What To Do If You Got A Paycheck Protection Program Loan & Your Employees Won’t Come Back

US small businesses and their workers are in a really tough spot right now. While some businesses are legally allowed to reopen, employees are feeling uncertain about returning to work. Complicating the situation even further, businesses who recently received a Paycheck Protection Program (PPP) loan are now calling workers back. These businesses are required to spend the federal loan proceeds on payroll in order for the loan to be forgiven—but in some cases, the workers do not want to return, often because they are making more money on unemployment benefits.

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May 7, 2020 Filed under: Business Loans

How Do Small Business Loans Work? Learn The Basics

If you’re wondering how business loans work, you are probably in the early stages of research for getting business financing. You have taken an important first step: gathering information about what the process is like and learning what to expect if you continue your search for a loan.

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Aug 18, 2024 Filed under: Business Loans

Economic Injury Disaster (EIDL) Loans VS Paycheck Protection Program (PPP) Loans: What’s The Difference?

Wondering what the difference is between EIDL and PPP loans? Or need help deciding which (or both) type of SBA coronavirus loan your business should apply for? Read on to compare/contrast these two different Small Business Administration loans for small business coronavirus relief and decide which is better for your needs so you can apply for it. 

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Jan 7, 2021 Filed under: Business Loans

Round 2 PPP Loans Explained: Rules, Requirements, & Where To Apply

While the CARES Act has many moving pieces and parts, the sections dedicated to protecting small businesses and the people they employ will be a salve amid a tragic month of anxiety. One of the specific offerings in the stimulus package is the Paycheck Protection Program. These loans come with stipulations but are equipped with some generous benefits to help protect payroll. Keep on reading to find out what they might mean for your business.

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Apr 21, 2023 Filed under: Business Loans, Small Business

What Is Inventory Financing & How Does It Work?

Inventory financing is a type of asset-based loan in which the inventory you’re purchasing with the loan is used as collateral to secure the loan. Depending on the arrangement, the lender may also require you to put up your accounts receivable as collateral. The amount of financing you receive is directly related to the value of the inventory in question, usually 70 to 80% of the inventory’s value. Read our article for the full story on inventory financing, including rates and terms.

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Aug 22, 2024 Filed under: Business Loans, Inventory Management