thread Re: How much of existing loan usually needs to be paid before getting another offer? in Banking With Square https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/797366#M238 <P>Usually, at least 3/4 of the previous loan is 75% or higher to be completely paid off. With no guarantee of if or when all you can do is watch your email and dashboard. I wish I could tell you more than that unfortunately that's why coming here and reading through the threads gives you other timeframes to kinda gauge any trends. Most are 80-90% paid back range to completely paid off. A few pop in around 70% not many though. Good luck and please keep us posted!</P> Sun, 08 Jun 2025 17:06:14 GMT Twpchair 2025-06-08T17:06:14Z How much of existing loan usually needs to be paid before getting another offer? https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/797351#M237 <P>Loan offer</P> Sat, 20 Sep 2025 12:09:02 GMT https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/797351#M237 Littleblue2 2025-09-20T12:09:02Z Re: How much of existing loan usually needs to be paid before getting another offer? https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/797366#M238 <P>Usually, at least 3/4 of the previous loan is 75% or higher to be completely paid off. With no guarantee of if or when all you can do is watch your email and dashboard. I wish I could tell you more than that unfortunately that's why coming here and reading through the threads gives you other timeframes to kinda gauge any trends. Most are 80-90% paid back range to completely paid off. A few pop in around 70% not many though. Good luck and please keep us posted!</P> Sun, 08 Jun 2025 17:06:14 GMT https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/797366#M238 Twpchair 2025-06-08T17:06:14Z Re: How much of existing loan usually needs to be paid before getting another offer? https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/798185#M239 <P>Hi&nbsp;<a href="https://community.squareup.com/t5/user/viewprofilepage/user-id/356438">@Littleblue2</a>&nbsp;</P> <P>&nbsp;</P> <P><SPAN>Appreciate you taking the time to post.</SPAN></P> <P>&nbsp;</P> <P><SPAN>New offers are not automatically extended when a certain percentage of an existing loan is repaid, but your business may become eligible for a new offer when your existing plan is closer to being repaid. I also notices you were recently approved for a new loan Congratulations!&nbsp;</SPAN></P> <P>&nbsp;</P> <P><SPAN>If you have any other questions, please feel free to <A href="https://squareup.com/help/us/en/contact?panel=E88ABCB9B5EE" target="_blank">contact us</A> directly!</SPAN></P> Fri, 13 Jun 2025 20:28:56 GMT https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/798185#M239 Abby_M 2025-06-13T20:28:56Z Re: How much of existing loan usually needs to be paid before getting another offer? https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/799098#M240 <P>When thinking about loans and offers, the best practice (IMO) would be to just assume you need to pay back 100% of the loan before another offer would be possibly extended</P> Fri, 20 Jun 2025 10:33:15 GMT https://community.squareup.com/t5/Banking-With-Square/How-much-of-existing-loan-usually-needs-to-be-paid-before/m-p/799098#M240 Minion 2025-06-20T10:33:15Z