2025 square loans

[Arminius]

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

[brown17]

I was looking at it wrong.    It is correct my error

[Twpchair]

No worries! There have been issues with different companies and I always like to make sure all is working as normal. 

[Paulynne]

@Twpchair I see is still helping everybody keep their heads up. I’m jumping into this 2025 thread at 70% paid off on my 15th or 16th loan. Let’s see if I get something soon. My last loan was very small, but sales did drop so I wasn’t surprised at the loan offer. I will keep everybody updated.

[Twpchair]

I'm trying! Loans are still going out daily that's a great thing. The percentage is still hanging in the upper 80s-90s for a good majority of users. A few 70s do pop in here and there along with the fully paid off. Nice to see a familiar name! We have a good group of newer users on loans 2-3 right now. Just trying to figure out how the loan system and metrics come into play. I am sure you will receive a few questions along the way regarding your experience and timeframe. Good luck to you and I will be watching for the algorithm to pick you up! 

[Brooke34]

Yeah I'm at 88% and no offer. My loan is up in June. I'm ready to pay it off and walk at this point. Very frustrated with Square.

[Paulynne]

Hi everyone. I received and accepted an offer at 73% this past Thursday. That is much lower than the 92% completion of my last loan. I think the amount increased $1k. 

[Twpchair]

Congratulations!!!!! Way to go! Thank you for sharing and in the 70s too!

[Dalton1424]

I'm trying to figure out why I haven't got a new offer yet, could really use it to repair my truck so I can take in new business. Last loan was paid off within 30 days. It's been almost 30 days with no new offer. 

[Twpchair]

Hello, unfortunately, with no guarantee of if or when, it's hard to say exactly when or if. Square, as you see below, the comments are still doing loans every day. Can I ask how long you've been with Square? By your comment about paying it off in 30 days, it sounds like you are newer to Square and just about in loan 2-4 right now.

[Dalton1424]

It was my 1st loan out of nowhere so if I get another offer it would be number 2. I've been with square a few years but really started pushing business hard a year ago before then it was just weekends while I was off work now I'm working after work and on weekends. They approved me for 1930 pay back was 2120 and had that completely paid off in 30 days. Metrics are still good but with my truck being down I can't make as many service calls 

[Twpchair]

It sounded like you were newer to loans. It's so hard to try and make a guess on it with the first few loans especially. Besides me telling you there are no guarantees of if or when the next offer might come. The difficult part is Square and the algorithm trying to figure out your processing pattern. With any new account, you have to start somewhere. The algorithm is a tremendous help for us to use but it's not a guarantee of an offer nor is it a bust if something needs work. Square takes into account your whole profile. Time with Square, previous loans are huge. All the good signs. Increase in sales, volume of swipes, and new customers. The algorithm is doing its job and crunching numbers and recording data. It does look at your account daily. If you can help it increase sales or boost the number of swipes maybe that might trigger it to take a 2nd look at your account. That's just a wild guess. Something has to! Good luck and Keep us posted ok. 

[Mpechlys]

I agree with this comment, cause I was in your shoes. Square gave me a loan literally one month after being with them. New offer came literally weeks after, but my sales were literally every day. Keep swiping and let it kick in. They’ll give an offer soon once they see business is growing and booming.

[Mohammad1680]

Ok

[Twpchair]

Any update? It the 1-3 loans are really difficult to try and gauge with so little data. Hopefully, you received your new offer. 

[Brooke34]

I am at 96%. 2% gained in two days. Still nothing 

[Mpechlys]

What number loan are you at? How long you been with square? I know loans are still coming, but a lot plays in factor, all depend on your business, sales, and all that good and bad part of it. I been with square since Jan and my offers came pretty quick it was all at 100% paid off. Also I paid it back fairly quick as well 

[Brooke34]

This would be my 13th loan. I've been with Square since 2015. Im at 96%.

[HairQueen]

I'm the same, 85% and nothing

[brown17]

Quiet in here....... I'm at 58%.  Last offer came at 62% but that was the earliest I ever received an offer in the 5 years I have been with square.    Fingers crossed I get another early loan. Really in need to increase my staff and inventory!  Good Luck to everyone waiting 🙂

[Paulynne]

62% is awesome! I pray you see that again and it spreads my way! 

[Twpchair]

It has been honestly. We get a spurt of 4-5 in a day or 2 and then silent for a bit. Definitely a bit odd. Good luck and hopefully you can break this silence.