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Getting a Merchant Loan

merchant loans

Before discussing how to get a merchant loan, it’s best to first understand what it is, what it’s for and what benefits one gets from it. Technically, a merchant loan is any short term cash advance against your business’s receivables. The amount loaned is paid back through fixed debit or a certain percentage taken on off of each week or month’s sale.

Since the recession, merchant loans advance has become a popular means for micro, small and some medium enterprises to gather capital, considering the means to qualify is not as difficult to fulfill as the extremely stringent lending criteria the US government has placed. Despite the name, merchant loans advance are not actually loans. The lump some money you will receive is considered an advance for the future debit and credit card sales your business will eventually have. The money is often used to finance expansion, operation or other sudden expenses.

Some of the advantages of merchant loans advance include the speed of processing. This allows borrowers to have an almost instant access to the capital they need. With this financing method, the business owner has more leeway as to how much money is allocated to pay the merchant loans advance company, depending on how well or slow the business is. That means you can pay as little as your budget allows during the slow season, and as much as you can during the peak season. Your monthly dues is dependent on your sales volume, making it more sustainable and easier to bear for small businesses.

Now that you understand how a merchant loans advance works, then it is now time to list down how get one.

Fill out the application forms and submit with the supporting documents

As this is far less invasive than a usual lending criteria followed by banks, which gives out loans, you typically only need to fill a 1 to 2-page application form. You will also need to submit a copy of your government IDs, like your passport or social security ID.

Along with those, provide supporting documents, including bank statements, tax returns or a lease copy of your store or office. The point is to show that you are qualified to get the funds. Remember that what the merchant cash advance company is looking for is potential in the business to earn, more than your personal credit history.

Wait for approval

Once you’ve submitted the application form and the other documents, wait at least 24 hours for the approval.

Install their credit card machine

The way the lending company is able to earn back the money they gave you is by swiping credit and debit cards through the credit card machine that they will be providing. You will have to install and use that machine, so the merchant cash advance company can successfully take a portion of the sale you made. This is not permanent. Once you’ve paid up your debt, you are not obliged to use it anymore.

Get the lump sum amount

Upon approval and installation of the device, the merchant loan company is going to deposit the money to your account. That also means that the process  of repayment has officially begun.

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How to Buy Bitcoin

People who desire to buy huge volumes of bitcoin but do not have access to debit or credit cards must search for another method of buying one. Bitcoins are cryptocurrencies that are used in payment systems. They are a very safe way to pay online, when used correctly. This article will share you on how to buy bitcoin using bank accounts.

Risk involved in purchasing bitcoins

Purchasing bitcoins with bank accounts has less risk. Moreover, there is a significant decrease in the processing fees. When a person purchases bitcoins through bank transfers, the process is considered irreversible. There is also a decrease in the risk of chargeback compared to credit card payments. An example would be buying bitcoins from Coinbase via bank transfer. Buying $1000 from Coinbase via bank transfer will have $14.9 in fees while using credit cards will have $39.9 in processing fees.

How to buy using bank account in the US

One of the best options in buying bitcoins in the US is through Coinbase. Coinbase is one of the first institutions in the bitcoin industry and has been in existence since the end of 2012. Coinbank permits an interested individual to connect his bank account through ACH bank transfer. This can be networked with 26 different banks.

A person can easily purchase bitcoins through one’s personal bank account if he supplies his bank credentials on the website of Coinbase. It costs 1.49% to buy bitcoins using a bank account. The advantage in using Coinbase is that the company is very liquid. It also helps newbies navigate the site easily.

However, purchasing bitcoins through bank transfers in Coinbase will take up to 5 days. Coinbase also monitors their user accounts and might possibly act against an account if they perceive the bitcoins are being used to buy things illegally.

buying bitcoin

How to buy using bank account in Europe

Coinbase also permits purchasing bitcoins using a SEPA transfer if a person is in Europe. Processing fees are similar to that when buying within US. There are other large and reputable bitcoin exchanges in Europe that include Bitstamp or Kraken. These two also offer SEPA transfers and high liquidity.

Residents in Great Britain can also opt for Coinfloor and fund their account via online bank transfer or SEPA. 1,000 pounds is the minimum deposit amount.

How to buy bitcoin using bank account in other nations globally

There are other global bitcoin exchanges that are available in other parts of the world. One can buy bitcoins using bank account via SWIFT.

Bitstamp and Kraken are the most reputable bitcoin exchanges. CEX.io provides its services to other parts of the world. Bifinex is also a good option in using bitcoin exchange. However, newbies might have difficulty in navigating the site.

Conclusion

A person who considers purchasing large amounts of bitcoins but do not have access to credit cards can use the payment systems stated above. Those who plan to buy bitcoins must keep in mind that some banks need additional data about the nature of the transaction.

Purchasing bitcoins are made possible through bank accounts in various parts of the world.

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What is 360 Degree Photography?

360-degree product rotation is a type of interactive photography, where users can rotate the object left and right, front and behind to give a 3D view perspective. It gives customers a whole different view of the photos in an interactive way.

360-degree item photography is such a touchy and included topic since items come in such a variety of shapes and sizes. Some might be extremely reflective; some may have measurements that will discourage you from essentially dropping them on a turntable, and some may have highlights that can be just highlighted when shot from a specific point while swinging from the top and with an individual lighting setup.

The more constraints you have in your 360 photography setup, the less choices you get available to you for making smooth 360 item sees. It’s likewise vital to have the capacity to speedily evaluate how your item show up from various edges with a given setup before you begin the real generation of 360 item pictures.

The photography concept is well suited for e-commerce websites selling clothing, products, electronics, gizmos, and gadgets apparels and gives clients a chance to view the object in a rotation 3D technique, giving users an enhanced shopping experience as if they were at the store looking at the product all around. This 360 concept will complement existing 2D images.

To create 360 product rotation animation, a sequence of still photos is taken on a turntable clockwise, then it has to be photo edited so that it is web optimized. The 360 photographer in Lowell MA will then program it to link the sequence of images together to make it viewable on mobile and desktop devices.

When hotspots are added, users can click on them to have a more in-depth information on that particular spot. Hotspots have to be manually programmed in as X-Y coordinates for HTML5, frame by frame.

The results of a 360 product rotation are rewarding. Imagine that a resident of Lowell walks into a store and sees a nice laptop though the window, and wanting to go inside to have a look, but the store is closed. The customer can go to the website and look at the product and spin it around interactively, just like as if the client saw it in person. Furthermore, instead of asking questions to a salesperson who is not available when the store is closed, the customer can instead click on hotspots to gather more important information in details.

This not only applies to electronics or gadgets but can also apply to high fashion clothing too. Users can rotate the clothing left and right, front and behind to give a 3D view perspective. A mannequin structure is required to hold the clothing in place during the sequence photo shoot. It is set on top of the turntable and manually rotated frame by frame, and then photo edited for web optimization and then programmed together to form an animation.

A turntable is required for this type of interactive photography with the subject at its center point. Furthermore, to achieve a pure white background behind the object, extensive photo editing is required, frame by frame within the sequence, so the photographer must be prepared to give a lot of time for this type of interactive photography.

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How To Keep Your Website Safe From Hackers

Hackers can do many, often unwanted, things to your website. They can close it down, change the contents, ruin your design and get access to private information. This can spell a lot of trouble to you for the following reasons: (1) you have to spend even more resources into recovering content and data (2) you risk losing followers if the hacker puts up insulting content and (3) if you run a business, it will take time for you to rebuild trust with your customers.

Protection against hacking is always a worthwhile investment. Whether you run a global web store, or a housekeeping blog, anything you publish online can be a target. Here are some ways to keep your website safe from hackers.Don’t worry about having to spend too much money; some of these steps are very easy to do, at very little cost—you can even do these by yourself!

  1. Reduce Risk

When you’re online, you are always at risk of being compromised. While you can’t completely eliminate the chances of being targeted, you can always bring down the risk to a minimum. You can do this by choosing a username that is not too easy to guess. Use a combination of alphanumeric characters if you can, while making sure that this is something easy for you to remember. Do the same for your password. Skip using obvious information like birthdays, anniversaries or common statements like “iloveyou” or “123456”. One way to go about this is to choose a phrase and throw in some numbers and symbols. Also, use varying caps.

web safety

  1. Limit Access

At most, only three to five people should be able to access your website’s back end.  This way, you can prevent your web access data from leaking. Only grant access to those responsible for running the website, such as web developers, quality assurance, and data entry staff. Even then, limit their administrative capabilities to prevent accidental mishaps and ensure internal safety.

  1. Purchase Website-protecting Software

While you take measures to keep your website safe, you can also utilize software that can do that for you. They are widely available online and will assist you in website scanning, blocking off harmful requests and over-all malware protection. Buying security applications may sound costly, but it’s a worthwhile purchase and will spare you a great deal of hassle.

  1. Secure Admin Pages

Make sure you do not expose your admin pages to be indexed search engines. If they get listed, it is more prone to be accessed by hackers. Hide admin pages and limit harmful listings that may increase threats of hacking. You can do this by adding no-index meta tags, which will keep your page from being visible on searches.

web safety

  1. Control File Uploads

Although it’s a great idea to make your website interactive by allowing your viewers to upload files to share to you, be informed that this can get a little risky. Allowing file uploads is fine, but make sure you limit this as bugs can get through and give hackers the chance to access data from your website. Clarify your specific needs to your web host as you may be given the option to channel the file uploading using an accessible script.

  1. Do Not Display Your Website Email To The Public

Do not openly display the email you’re using for your website. This will expose you to spam emails and other harmful threats. You can use manual forms where users can type in their questions, comments, name and contact details. This way, you can still allow interaction but limit the threat. Otherwise, you can set a different email address for business correspondences and queries.

  1. Pick A Web-host That’s Reliable, Secure, Accountable And Worth The Money

Sign up for a web host that offers you a great package but puts a premium on safety. Some web hosts come with unnecessary add-ons that take up a lot of disk space (some would call these “bloatware”). Choose one that puts emphasis on safety from external threats. Look for hosts that provide well-defined product support services, have good reviews, and are easy to contact should problems occur.

  1. Back Up Your Data

The worst-case scenario is always that your website is left vulnerable to attack, and is taken down by hackers. So you don’t lose all your data, make sure to back up whatever files that you have. This way, if you ever plan to start afresh, you won’t have to rebuild your page from the ground up.

Running a website takes a lot of work. You research, create content (or hire people to do it for you), come up with an appealing design and adapt to constantly shifting trends to keep your website fresh. A lot of effort goes into keeping your website up-to-date and running smoothly, and keep your private data safe from prying eyes. Make sure all this effort doesn’t go to waste by keeping your website safe from hackers.

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