2025 square loans

[Arminius]

85% paid off all green and still no offer, does any know what's going on 

[ianssoph]

I’m sitting at 80% repaid and haven’t received an offer. I have always received one before this point. However, my business is doing great so it’s really not necessary to accept an offer at this time. Please keep us posted when you receive your offer!

[Robgrey]

@80% you should be getting an offer any day now 🙌

[Twpchair]

I'll 2nd that for every one of you! I will say for a group to wait and any day now ( going off of other people who have posted. You are a nice easy-going group. For those who are seasonal, please make sure you updated your hours within square. The algorithm picks that up or should if you watch your metrics and they are dropping in multiple areas let me know so I can tag someone who can look into it and see if took. 

[Robgrey]

72% and no offer. Hoping for this week🤟

[kacey_k]

THIS!!! I never thought to change my hours when I went down to part time, and just did it like 2 weeks ago!! Better late than never 

[Twpchair]

It helps! Hours and days, also if you are seasonal. 

[Twpchair]

I tagged some that are actually doing something 😆 I test that's it or I break things!

[Arminius]

I am at 85 and still nothing , waiting I have expansion in restaurant , will include ice cream this year , I got everything done , 8000 later now I just need to buy merchandise to sell , and I have to units that need repair . Capital would be good right now . But still nothing . This winter we have no control over sales that is why in those time is the system knowing we have bad weather across the country, or is it using that weather to determine how much capital you will get ? 

[Twpchair]

Hello, I understand winters very well! I am in Michigan and it has been a brutal March. Bare with me I just went through this with tech support 3 weeks ago ok? In your settings btw I had to use my laptop or tablet or turn the phone sideways and use desktop mode. It goes over the business settings like the day you set it up. Check out everything all good scroll down and business hours. Each day you have been closed or are closing in the winter change that day or update hours. This is for Square only ok. Your Facebook or whatever you use for social media platforms doesn't apply to this. We are “closed” Tuesday and Wednesday” this winter we have never been closed this much due to weather! The gentleman I had from the tech support was awesome and was not getting off that phone till we figured out something and this was it for now. But, I do not use Instagram so if you do and Facebook you need to make sure that your correct hours are there! Squares team is constantly changing and updating new features daily. I hope this is a huge one! If you need help call customer service and hit tech support nothing else ok. Tell them you need to update your account with Square and hours. As of right now, that's all I can say to do to help you offset some days. Now, if you close for a month during upgrades or new equipment coming in change that! Call again, tech support is great. I believe he told me but don't hold it to me because I had issues having mine save the new information. But you can see the box temporarily closed for 1 month and then a box dropped down for you to explain why again tell them under construction new equipment, upgrading, etc. Try that and then immediately after go to your social media mine was all ok but you want to make sure especially Google ok. Good luck and let me know if you have any questions ok. 

[Infusion]

I was coming on here to ask.....pre-pandemic I would always get offers for a new loan at around the 85% paid off mark.  Post pandemic, I don't get an offer until about a week or so after its 100% paid.  So, it seems they've changed their methodology.  My business is healthy.  I always pay way more off within each window of the "minimum due" date.  Hopefully that counts for something.  It was so much more convenient in how it was done, pre-pandemic.  Thank you!

[Twpchair]

Hello, it has been trending higher percentage of the upper 80s pay off (not everyone of course) if you have been reading through though it is looking better for those posting with offers coming in higher lately. That's a great sign! I received my offer 2-3 weeks ago. 85-87% roughly and 5k higher than the previous offer at 91% paid off. The one after that quickly was 69% and I passed on it. There's a great group of people on here now who help out and follow the current trends. It's not rocket science but the best way to keep each other informed. We are all different and process differently so it's up to that ole algorithm to pick up whatever triggers it for you. Good luck and thank you for posting! Please keep us updated if don't mind. It does help others waiting. 

[kacey_k]

I am currently at 92% paid off and would like to pay off completely but it makes you wait 10 more days!! Literally have $140 left to pay 😳 with no new loan offer in sight!! 

[Infusion]

I had ~$693 left and decided to pay it off.  Day 7 since I've paid it off and no new offer.  Maybe I should have not done that, idk.  It definitely seems like the offers don't come up as quick as pre-pandemic..at least for my business even though I'm trending up in all metrics.

[Bcarnes]

Received my offer at 78% on Saturday. As bad as I wanted to wait; this has been a slow and brutal winter and I need to rebuild. Hopefully with the new inventory, this will be paid in no time. It was only a $1000 increase but I’ll gladly accept it. 

[ianssoph]

How were your metrics? If you don’t mind answering. Were your yearly percentages up?

[kacey_k]

Everything is up from before. All is good. 

[Bcarnes]

My yearly sales have been up by 15% my metrics were green and consistent. Last Thursday-Saturday I had a spike in sales by 5% 

[Arminius]

I am at 86% now and still nothing. Hopefully it will come any day now 

[kacey_k]

91% here and all in green

[Twpchair]

I'm waiting and watching for you as well!

[Arminius]

Thank you