https://community.squareup.com/t5/Archived-Discussions-Read-Only/Square-Capital-Early-Repayment-bonus/m-p/46919#M52969 <P>I just got offered my first Square Capital letter, and I'm confirming that there is no early payment bonus. &nbsp;Example - I decide to pay off the whole loan in 6 months, but my fees would not shrink. &nbsp;Unlik a traditional loan I am agreeing to all fees up front and there is no bonus to me if I pay off the loan early. &nbsp;Am I correct in this assumption?</P> Wed, 23 Aug 2017 02:36:11 GMT pzenisek 2017-08-23T02:36:11Z https://community.squareup.com/t5/Archived-Discussions-Read-Only/Square-Capital-Early-Repayment-bonus/m-p/46919#M52969 <P>I just got offered my first Square Capital letter, and I'm confirming that there is no early payment bonus. &nbsp;Example - I decide to pay off the whole loan in 6 months, but my fees would not shrink. &nbsp;Unlik a traditional loan I am agreeing to all fees up front and there is no bonus to me if I pay off the loan early. &nbsp;Am I correct in this assumption?</P> Wed, 23 Aug 2017 02:36:11 GMT https://community.squareup.com/t5/Archived-Discussions-Read-Only/Square-Capital-Early-Repayment-bonus/m-p/46919#M52969 pzenisek 2017-08-23T02:36:11Z https://community.squareup.com/t5/Archived-Discussions-Read-Only/Square-Capital-Early-Repayment-bonus/m-p/46928#M52970 <P>That is absolutely correct the upfront fee, ( cost Square charges to extend capital to you) is set. Paying off early though would remove the payback percentage of your daily sales that goes towards repaying the capital. Congratulations on your offer!</P> Wed, 23 Aug 2017 11:36:29 GMT https://community.squareup.com/t5/Archived-Discussions-Read-Only/Square-Capital-Early-Repayment-bonus/m-p/46928#M52970 ecantiques5 2017-08-23T11:36:29Z