Food for Thought with Square Capital.

Minion — Sat, 20 Sep 2025 12:37:13 GMT

I'm fairly new with Square, less than two years. I switched over from PayPal and Stripe for reasons that I just don't like to use PayPal from a Seller standpoint.

I currently deal with spray in bedliners, vehicle undercoating and epoxy flooring using Square to send invoices and estimates to my customers. So i don't get to much of a return customer unless they got one service, and then they decide on another.

So Prior to Covid, I had already

-Reached my 10k in sales processed with square.

-Healthy mix of new and a few returning customers.avg.1.20

-Steady sales increase

-Increase in avg sale amount as pricing has changed

-no charge-backs.

As of today, I still get the same answer, like I am sure many of you do as well. Keep processing and your account is reviewed daily. It is a bit frustrating, but i do get it. I enjoy square as it really is close to a "one stop shop" for all my business needs, (Implementing a docu-sign like feature with contracts would be awesome btw) 🙂

I do business with a couple local dealerships, and get plenty of checks that are deposited into my business account. So maybe it is a possibility in the future fro square capital to also look into reviewing bank accounts that are linked to a seller's square account as well. This could help with increased eligibility and also be a fail safe for repaying the loan. (I've had working capital loans from Kabbage in the past, and this was one of the things they looked into as well)

I know that the algorithm for the square capital is complex from what I have read numerous times, but just some food for thought for the square capital team that may or may not help sellers like myself in the future who have a 50/50 mix of processing sales.

Re: Food for Thought with Square Capital.

Laura123 — Tue, 15 Sep 2020 22:21:11 GMT

Hey @Minion, thanks for your question! We appreciate your interest in Square Capital. I'll followup with you via message.

thread Food for Thought with Square Capital. in Banking With Square

Food for Thought with Square Capital.

Re: Food for Thought with Square Capital.