Author Topic: any Square Up users face this issue?  (Read 7690 times)

Offline Shawn (EIP)

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1356
any Square Up users face this issue?
« on: June 19, 2012, 07:25:29 PM »
I reciently manualy punched in a CC for a large order 4500.00 , Square released 1200.00 of it and is splitting up the rest into groups of 1200.00  per month, In the mean time I have to get these shirts ordered , Ive only been able to order 1/2 have try and borrow some money from family to cover the second 1/2 of the order. Effin' laaaaaame!  The job is due next Wednesday!


Offline Doug S

  • Gonzo Member
  • ******
  • Posts: 1481
Re: any Square Up users face this issue?
« Reply #1 on: June 19, 2012, 07:30:58 PM »
I'm glad I haven't heard of "Square Up".  I don't think I'd ever use them if that's their policy.  It's tough enough to keep capital on hand to order shirts, ink, etc. the way it is now without anyone holding funds that you need for supplies.
It's not a job if you love doing it.

Offline Get Shirts

  • Hero Member
  • *****
  • Posts: 649
any Square Up users face this issue?
« Reply #2 on: June 19, 2012, 07:36:49 PM »
You need to set up some terms with your vendors.

Offline Frog

  • Administrator
  • Ludicrous Speed Member
  • *****
  • Posts: 13980
  • Docendo discimus
Re: any Square Up users face this issue?
« Reply #3 on: June 19, 2012, 07:43:55 PM »
I am beginning to see a trend, of either (choose one)

1. a big increase in the ease of fraudulent transactions and all of these virtual money handlers wanting to cover their butts at our expense, or,

2. they are just more high tech usurers taking us for whatever they can before their decent to the seventh circle of Hell as in Dante's Inferno.

And yes, Shawn, every professional screen printer needs credit with at least one main supplier. Thirty days should not be tough (unless, of course, you had that and blew it)
That rug really tied the room together, did it not?

Offline Homer

  • !!!
  • Gonzo Member
  • ******
  • Posts: 3203
Re: any Square Up users face this issue?
« Reply #4 on: June 19, 2012, 07:56:17 PM »
You need to set up some terms with your vendors.

I know! wtf is this Shawn?! you pay COD? damn man, get with it.
...keep doing what you're doing, you'll only get what you've got...

Offline cclaud3

  • Sr. Member
  • ****
  • Posts: 269
any Square Up users face this issue?
« Reply #5 on: June 19, 2012, 07:59:27 PM »
There's a link/form on their site to request higher limits. I had an account for a while and had to request a higher limit last month. I didn't even fill out some of more detailed sales info and they increased it anyway. Even released the previous funds that I would have waited another few weeks to get.

Offline Prosperi-Tees

  • !!!
  • Gonzo Member
  • ******
  • Posts: 4297
  • Common Sense - Get Some
Re: any Square Up users face this issue?
« Reply #6 on: June 19, 2012, 08:02:43 PM »
Intuit Go Payment has been holding funds longer than normal but I am switching to a "real" merchant service, cause the fees for square and gopayment are killer. I'm also getting terms with our shirt vendors to not tie up my money.

Offline Prosperi-Tees

  • !!!
  • Gonzo Member
  • ******
  • Posts: 4297
  • Common Sense - Get Some
Re: any Square Up users face this issue?
« Reply #7 on: June 19, 2012, 08:35:05 PM »
That is key in this business... OPM! Other Peoples Money! If set up right you don't have to use any of your cash to purchase blanks.

Offline Socalfmf

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1238
  • Lead, Follow or Get Out of the Way!
Re: any Square Up users face this issue?
« Reply #8 on: June 19, 2012, 08:40:46 PM »
WTF...guess shawn has been too busy the past 5 yrs to come and get help...I laugh at stuff like this...keep doing what you are doing cause you make us all look so good.....hahahahhahahah 

shawn...when are you going to grow up, run a business and make some real money?

sam

Offline mk162

  • Ludicrous Speed Member
  • *******
  • Posts: 7858
Re: any Square Up users face this issue?
« Reply #9 on: June 19, 2012, 08:45:39 PM »
It's not hard to get terms, heck, i got 60 day terms at Bodek.

Offline royster13

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1975
Re: any Square Up users face this issue?
« Reply #10 on: June 19, 2012, 08:56:53 PM »
Even regualr merchant accounts hold funds if your credit score is not the best...

Offline Prosperi-Tees

  • !!!
  • Gonzo Member
  • ******
  • Posts: 4297
  • Common Sense - Get Some
Re: any Square Up users face this issue?
« Reply #11 on: June 19, 2012, 09:10:20 PM »
Even regualr merchant accounts hold funds if your credit score is not the best...
Monthly though? I can see a few days but breaking it up into months is crazy

Offline mk162

  • Ludicrous Speed Member
  • *******
  • Posts: 7858
Re: any Square Up users face this issue?
« Reply #12 on: June 19, 2012, 09:14:43 PM »
With a bad credit score, he probably has a maximum monthly deposit amount.  i am sure it's in his terms of service.

Offline Shawn (EIP)

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1356
Re: any Square Up users face this issue?
« Reply #13 on: June 19, 2012, 09:15:44 PM »
You need to set up some terms with your vendors.

I know! wtf is this Shawn?! you pay COD? damn man, get with it.

I pay with a bank/debit card  no cc company will give me a cc after my truck repo

Offline Shawn (EIP)

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1356
Re: any Square Up users face this issue?
« Reply #14 on: June 19, 2012, 09:19:27 PM »
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUk ME!  >:(

Sorry I had to get that out  ;D

cclaud3,  I just requested a higher limit how long did that take because man I'm in one hell of a jam!