MeridianLink Mortgage vs. Square Invoices

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MeridianLink Mortgage
Score 0.0 out of 10
N/A
MeridianLink Mortgage, formerly known as LendingQB®, is a SaaS cloud-based end-to-end loan origination software system that enables users to process compliant loans and hire talent. MeridianLink Mortgage aims to help banks, credit unions, CUSOs and IMBs who are retail, wholesale and correspondent lenders, fund more loans faster and more efficiently. A SaaS browser- based loan origination software, designed to optimize the end-to-end process. It's web services help strengthen any lender’s…N/A
Square Invoices
Score 9.2 out of 10
N/A
Square Invoices is a software invoicing solution from Square headquartered in San Francisco, California.N/A
Pricing
MeridianLink MortgageSquare Invoices
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
MeridianLink MortgageSquare Invoices
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
MeridianLink MortgageSquare Invoices
Best Alternatives
MeridianLink MortgageSquare Invoices
Small Businesses
Square Invoices
Square Invoices
Score 9.2 out of 10
Method:CRM
Method:CRM
Score 8.5 out of 10
Medium-sized Companies
Apple Pay
Apple Pay
Score 9.3 out of 10
TimeCamp
TimeCamp
Score 8.3 out of 10
Enterprises
Adyen
Adyen
Score 8.8 out of 10
TimeCamp
TimeCamp
Score 8.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MeridianLink MortgageSquare Invoices
Likelihood to Recommend
-
(0 ratings)
9.1
(0 ratings)
Support Rating
-
(0 ratings)
9.7
(0 ratings)
User Testimonials
MeridianLink MortgageSquare Invoices
Likelihood to Recommend
No answers on this topic
Square Invoices is the best service that I have found for what it does: it's easy to use, nice to look at, and never seems to go to spam or be lost by clients. Clients mention that the setup is easier than services my competitors use. You can even attach your contract to the invoice, which is wonderful in case there are questions later on. Unfortunately, not being able to have clients alter quantities or select add-ons means for half of my services, I have to use a different, inferior service.
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Pros
No answers on this topic
  • Very easy-to-use. Even non-technical users can very easily figure out how to send an invoice.
  • Notifications of payment. You can see if the invoice has been viewed, and you can include attachments to the invoice (such as a contract)!
  • Quick payouts straight to your bank account make life easy.
  • Easy to use mobile app for on the go.
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Cons
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  • I wish there was a way to automatically calculate credit card processing fees based on an invoice's amount, and add that to the invoice
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Support Rating
No answers on this topic
The only time I had a problem was a false chargeback from a client. Square Invoices referenced our contract and ruled in my favor, and they did so in a timely manner. I sent them the contract and my email history with the client, and they quickly unfroze the amount of money.
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Alternatives Considered
No answers on this topic
I feel that for what it does, Square Invoices outperforms its competition. Because we have used the program for several years, we have seen how they continue to improve their service - making it user-friendly and accessible for a variety of needs. Other platforms are not as easy to set up, add items, and access funds after payment is received.
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Return on Investment
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  • The fee for invoicing is extremely reasonable for how easy it is. At 2.75% per transaction, it's well worth it.
  • I like that invoices can be printed and mailed or sent via email for easy online payment.
  • I have a 100% collection rate on my invoices, and they are often paid within 24-48 hours of being sent, which saves me the time of chasing down checks, which can be especially cumbersome when I have multiple clients.
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ScreenShots

MeridianLink Mortgage Screenshots

Screenshot of A built-in Point-of-Sale solution that enables users to go 100% digital, MeridianLink Mortgage provides a configurable mobile application for borrowers.Screenshot of - MeridianLink Mortgage provides a customizable screens suited for businesses and lending needs.