thread Re: Better Services? in Payments Troubleshooting

Better Services?

JGPromotions — Sat, 20 Sep 2025 09:00:43 GMT

So I was declined a loan for a frivolous reason which I have corrected. I am 76% paid off on my current loan and I was wondering if anybody here can tell me if they have had better experiences with PayPal? I am wondering as to whether I should pay off this loan, and then move to a different processing app. Thank you. I average 130k-150k annually in sales.

Re: Better Services?

Candlestore — Thu, 03 Aug 2023 21:52:01 GMT

@JGPromotions ;

Ever since the Plandemic, and Square was giving loans out it seems as they have tightened the rules for loans. I got a loan offer when I was at 68% pre pandemic, now I am at 76% also and no offer in sight (150-200k a year in Square Sales). Others have stated the same thing that they did not get offers till their current loan was over 80 or 90% paid off and yet others did not get a loan offer till their loan was fully paid off. So this is not just you, and maybe you could get an SBA loan or bank loan to help you out. As for changing processors, that is a decision you would have to make on your own. I think everyone that uses Square currently may have tried others and ended up here at Square for one reason or another. I see people here in the Forums that left Clover or Quickbooks credit card processing and other big names. The Grass is not always greener on the other side, but then again maybe for you it might be in your opinion. Getting a loan is not like a participation trophy, not everyone gets offered one, there is criteria etc that needs to be met. If you want to leave Square just because you did not get a Loan offer while having a Loan that is not really a good reason to leave in my opinion. I think there is too much trouble with the current economy which is a reason we are not getting loan offers, alot of small businesses over the past few years have closed their doors or defaulted on loans. This intern has had the banks in general clamp down on loans to small businesses.

Re: Better Services?

JGPromotions — Thu, 03 Aug 2023 21:56:59 GMT

Thank you, I guess right now I am just bitter lol you make very valid points. It’s just frustrating.

Re: Better Services?

Candlestore — Thu, 03 Aug 2023 22:02:06 GMT

@JGPromotions ;

We all get there, trust me I know I have been there, am there and have days were I want to sell it all because sometime the stress is not good. But then again I know this is and was working to get me ahead until these last couple of years. I use a local bank for my banking and get offers for Business Lines of Credit, Business Credit Cards etc; I have accepted a few so I can use lower loans to get materials I need quickly, Square loans I use are for bigger purchases that I know I can not payoff in a month or 2 when I accept the offers from Square. Just other ideas where you could get some loans from.

Re: Better Services?

JGPromotions — Thu, 03 Aug 2023 22:43:43 GMT

@Square any updates available!?