thread Loan in Banking With Square

How can I become eligible for another loan?

ashleighdardar — Sat, 20 Sep 2025 12:46:37 GMT

[The title of this thread has been edited from the original: Another Square Capital loan]

I paid off my first square capital loan within 3 months. How can I become eligible for another loan?

Re: Another Square Capital loan

isabelle — Sun, 22 Dec 2019 20:05:00 GMT

Thanks for posting in the Seller Community.

Take a look at our article, Becoming Eligible For Another Loan Through Square Capital. This should answer your questions.

Happy holidays! ✨✨✨

Becoming eligible for another capital loan?

Candice5040 — Wed, 05 Feb 2020 13:11:17 GMT

I know that everyone gets offers at different times.. I have had 5 loans and currently I am at 81% and haven’t had an offer yet. A friend just got a offer and she was only at 75%.. just wondering when everyone is getting offers nowadays? I’m hoping to get one soon!

What do I have to do to borrow from square again? I've almost paid them back from loan #1

Teatalk18 — Wed, 12 Feb 2020 13:55:34 GMT

When can I get approved for another capital loan?

Glamourfur — Thu, 13 Feb 2020 23:41:08 GMT

A few weeks ago I got approved for another capital loan before fully paying off my current one. We are adding on to our business and my contractor under priced the build of course. So I only took out a little of the new loan offer and not the full offer amount. Can I change that now?

Re: When can I get approved for another capital loan?

ashc — Fri, 14 Feb 2020 19:07:28 GMT

Hey @Glamourfur! Welcome to the Community.

I moved your post to an existing thread on how to become eligible for another loan.

As for anything account-specific, you'll want to reach out to Capital directly by phone or email to ask about your current plan.

Re: When can I get approved for another capital loan?

rzrshop — Thu, 20 Feb 2020 14:47:55 GMT

@ashleighdardar @Glamourfur since your loan has been paid off when you go under your capital tab does it just show your closed loan payment history or did it reset its self? All I see is my closed loan history and trying to make sure that is how it should look

How can I borrow more money?

rhaeclore — Wed, 04 Mar 2020 16:49:35 GMT

I have received my first loan and I'm making payments. How can I borrow more money?

Square capital loans

Hk27 — Sun, 08 Mar 2020 19:39:45 GMT

How much of your square capital loan has to be paid to receive another

Loan offer

ElleySapp — Sat, 14 Mar 2020 13:02:28 GMT

I am about 30k over what they said was required for an offer. I can't find any email to request a loan. Any ideas?

Re: Loan offer

rzrshop — Sat, 14 Mar 2020 13:55:44 GMT

I process about 40k a month and only have had 1 offer in a year

When I will be eligible again?

Izzycin41 — Thu, 19 Mar 2020 22:02:26 GMT

I got approved for my first loan back on 2018 , paid satisfactory, and I havent been offer any other loan by square I've processed alot of money , I'm thinking switching to another server this is ridiculous. 😡

Re: When I will be eligible again?

rzrshop — Fri, 20 Mar 2020 16:16:44 GMT

I agree, that really gives me doubts now since I havent been offered since 4/19 and I also process alot

Re: Becoming eligible for another capital loan?

bobrisse — Thu, 25 Jun 2020 16:19:08 GMT

I have had new offers at 50% and up, guess it all depends, currently im at 84% and am waiting.

Loan

Baileysntpls5 — Tue, 30 Jun 2020 11:10:09 GMT

When am I I eligibility for another capital loan

How do I get approved for loan

Bkuss2 — Wed, 18 Nov 2020 20:27:44 GMT

How do I get a loan

Square Capitial Loan

aftwcedarkey — Tue, 29 Dec 2020 21:25:48 GMT

Is Square still offering Square Capital Loans? We paid off our 12th loan in 6 years in July and have not had a new offer. Tried calling only to get the standard response.. cant give it any info, keep processing and all that.

Re: Square capital loans

Kbso11 — Sun, 28 Aug 2022 10:24:56 GMT

I’ve in the past had to be at least 75% paid before I was offered another. It also could be more than 75%. It’s all based on eligibility factors. Who knows though for sure. In my eligibility factors every one is in good standing, I’m 77% paid and I don’t have another offer. Hope you get another soon but just keep processing.