thread Square loans in Banking With Square https://community.squareup.com/t5/Banking-With-Square/Square-loans/m-p/849023#M14158 <P><SPAN>Looking to see if anyone has had a similar experience with Square Loans.</SPAN></P><P>&nbsp;</P><P><SPAN>I received a </SPAN><SPAN>$21,000 loan offer</SPAN><SPAN> on one of my Square business accounts and applied a little over a month ago. The application was declined because I still had a </SPAN><SPAN>small remaining Square loan of about $1,700 on a separate business account under the same owner</SPAN><SPAN>.</SPAN></P><P>&nbsp;</P><P><SPAN>That $1,700 loan has since been </SPAN><SPAN>completely paid off</SPAN><SPAN>, but my main business still hasn’t received another loan offer. The eligibility page continues to show that my </SPAN><SPAN>prior loan application/decline is affecting eligibility</SPAN><SPAN>.</SPAN></P><P><SPAN>Since then, my processing has continued to increase significantly:</SPAN></P><P>&nbsp;</P><UL><LI><P><SPAN>Previous $21K offer came after approximately </SPAN><SPAN>$47K in processing</SPAN></P></LI><LI><P><SPAN>Currently at approximately </SPAN><SPAN>$110K+ processed</SPAN></P></LI><LI><P><SPAN>Approximately </SPAN><SPAN>$59K processed in the most recent month</SPAN></P></LI><LI><P><SPAN>Monthly and yearly processing volume both show </SPAN><SPAN>Good</SPAN></P></LI><LI><SPAN>The other Square loan is now </SPAN><SPAN>100% paid off for over a month.&nbsp;<BR /></SPAN></LI></UL><P><SPAN>Has anyone been declined specifically because of a loan on another Square business account and then received another offer after paying it off?</SPAN></P><P>&nbsp;</P><P><SPAN>How long did it take for the prior application/decline to stop affecting your eligibility - 30, 60, 90 days, or longer?<BR /></SPAN></P><P>&nbsp;</P><P><SPAN>I’m mainly trying to determine whether there is a typical waiting period after this type of decline, since the original reason for the decline has been resolved,&nbsp;</SPAN><SPAN>thinking of switching and processing via stripe since this process is taking such a while to re offer via square.&nbsp;</SPAN></P> Mon, 07 Sep 2026 01:12:28 GMT Royalprop 2026-09-07T01:12:28Z Square loans https://community.squareup.com/t5/Banking-With-Square/Square-loans/m-p/849023#M14158 <P><SPAN>Looking to see if anyone has had a similar experience with Square Loans.</SPAN></P><P>&nbsp;</P><P><SPAN>I received a </SPAN><SPAN>$21,000 loan offer</SPAN><SPAN> on one of my Square business accounts and applied a little over a month ago. The application was declined because I still had a </SPAN><SPAN>small remaining Square loan of about $1,700 on a separate business account under the same owner</SPAN><SPAN>.</SPAN></P><P>&nbsp;</P><P><SPAN>That $1,700 loan has since been </SPAN><SPAN>completely paid off</SPAN><SPAN>, but my main business still hasn’t received another loan offer. The eligibility page continues to show that my </SPAN><SPAN>prior loan application/decline is affecting eligibility</SPAN><SPAN>.</SPAN></P><P><SPAN>Since then, my processing has continued to increase significantly:</SPAN></P><P>&nbsp;</P><UL><LI><P><SPAN>Previous $21K offer came after approximately </SPAN><SPAN>$47K in processing</SPAN></P></LI><LI><P><SPAN>Currently at approximately </SPAN><SPAN>$110K+ processed</SPAN></P></LI><LI><P><SPAN>Approximately </SPAN><SPAN>$59K processed in the most recent month</SPAN></P></LI><LI><P><SPAN>Monthly and yearly processing volume both show </SPAN><SPAN>Good</SPAN></P></LI><LI><SPAN>The other Square loan is now </SPAN><SPAN>100% paid off for over a month.&nbsp;<BR /></SPAN></LI></UL><P><SPAN>Has anyone been declined specifically because of a loan on another Square business account and then received another offer after paying it off?</SPAN></P><P>&nbsp;</P><P><SPAN>How long did it take for the prior application/decline to stop affecting your eligibility - 30, 60, 90 days, or longer?<BR /></SPAN></P><P>&nbsp;</P><P><SPAN>I’m mainly trying to determine whether there is a typical waiting period after this type of decline, since the original reason for the decline has been resolved,&nbsp;</SPAN><SPAN>thinking of switching and processing via stripe since this process is taking such a while to re offer via square.&nbsp;</SPAN></P> Mon, 07 Sep 2026 01:12:28 GMT https://community.squareup.com/t5/Banking-With-Square/Square-loans/m-p/849023#M14158 Royalprop 2026-09-07T01:12:28Z