thread Are Square Capital Loans dependent upon past credit history? in Banking With Square

Are Square Capital Loans dependent upon past credit history?

JodyMabry — Sat, 20 Sep 2025 12:48:41 GMT

I've been looking over the Square Capital information and noticed that a lot of information says Square Capital loans are based on income through Square, frequency of payments, charge backs, and other criteria, but specifically note that credit is not one of the factors.

However, at the end of the FAQs I see a disclaimer stating that "All loans are subject to credit approval."

I'm just curious if someone can provide clarity on the competing statements.

Thank you.

Re: Are Square Capital Loans dependent upon past credit history?

rzrshop — Fri, 15 Nov 2019 15:17:02 GMT

Following your post

I do not understand the process at all. My sales have tripled since being of year and no charge backs and I still have not received an offer since April. The only thing changed is my credit score

Re: Are Square Capital Loans dependent upon past credit history?

Joe — Fri, 15 Nov 2019 18:59:29 GMT

Hi there, @JodyMabry - thanks for bringing this to the forefront. And thanks for adding into the conversation @rzshop; glad to have you both here.

Sorry for all of the confusion! I definitely think we can provide some clarity here. In terms of Capital Loan eligibility, every new loan offer is considered unique - meaning that we don't base new loan offerings off of past loan success. More info on this from a similar thread in our Seller Community.

In terms of Credit Checks and Capital Loans, loans through Square are not reported to credit bureaus (more on this here). While our loans do not affect your credit rating or score, we do check approval and standing to determine eligibility - but this is a secondary standard. Our primary criteria will be performance of your business and good standing within our services.

I hope this helps a bit! Let me know if you have any additional questions.

Re: Are Square Capital Loans dependent upon past credit history?

rzrshop — Fri, 15 Nov 2019 20:57:22 GMT

Is there a credit score minimum? even if its secondary,

Re: Are Square Capital Loans dependent upon past credit history?

isabelle — Mon, 18 Nov 2019 19:54:50 GMT

Hey @JodyMabry!

Thanks for your post in the Seller Community.

Square Capital does not do a hard or soft pull of your credit history for loans.

For more information on the Square Capital process, take a look at this FAQ page.

To answer your question, @rzrshop, this means there's not minimum credit score.