thread Re: Eligibility for Working Capitol in Banking With Square

Eligibility for Working Capitol

PLT — Sat, 20 Sep 2025 12:34:03 GMT

I've taken in over 90k since February with my square account but they still have-not offered me Working capitol. How soon has anyone became eligible for Working Capitol?

Re: Eligibility for Working Capitol

clearimage1 — Sun, 17 Oct 2021 06:27:49 GMT

Same here, I have no clue, I had a loan paid off August and still no new loan offered, before is was like a week after I paid off the loan I got a new offer. I believe a company as big as Square should have a APPLY NOW once your loan is paid off. My son has an account and they offer him a new offer before the old one is paid off. I an not understand why a financial intuition does not have a DEFINDED loan program. My understanding it is based on a dusting of fairy dust if you get a loan offer or not. Been with them for 5 years, 3 loans paid in half the time they allotted and I just guessing if there will be another one. Love Square, believe it's the best out there, but if they offer a service, THEN OFFER IT!

Re: Eligibility for Working Capitol

Minion — Sun, 17 Oct 2021 11:17:33 GMT

Hey @PLT

I was offered one a couple months ago, nothing extravagant.

I was well over the amount requirement like yourself, but was just offered one. I think maybe because I only do a few larger end scale sales a week, with not so many repeat customers may affect the timing. I wish I had better news other than the normal "keep making sales", but honestly that is the only advice I can offer since the algorithm used is beyond my knowledge.

Re: Eligibility for Working Capitol

PLT — Sun, 17 Oct 2021 12:35:26 GMT

Thanks

Re: Eligibility for Working Capitol

Ralphael84 — Mon, 18 Oct 2021 04:07:10 GMT

I usually get a loan offer in the 70 to 80% range I’m currently at 86% complete on one but haven’t gotten any new offer my buisness has been as consistent as ever no charge backs and still no new offer hoping one comes soon