Acct 6 months old 35k 100 transactions No Loan Offer Why?

Hi I surpassed 35,000 in revenue 100 transactions zero disputes everything is check marked as good yeah it still says not eligible at this time for a loan quite frankly I don't know what else could be done not even looking for a lot couple of grand am I missing something thanks in advance

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@Checkmate wrote:

Hi I surpassed 35,000 in revenue 100 transactions zero disputes everything is check marked as good yeah it still says not eligible at this time for a loan quite frankly I don't know what else could be done not even looking for a lot couple of grand am I missing something thanks in advance


HI @Checkmate 

 

So you've pretty much met every requirement,as per their "eligibility" factors.  Honestly when it comes to Square, Loans it is hard to predict when one may become eligible.  With one time you may see a loan at this time, an another time it was completely irrelevant but something triggers there system to grant you an offer.  

 

Based off from your metrics, I would think that it Is honestly just a matter of time.  There really isn't any magic button to be push, but you clearly seem to have a good grasp on everything else.  I think it just comes down to more time.

Dan
Square Champion
Check out Square support center for additional help.

"If you don't stand for something, you'll fall for anything"


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@Checkmate wrote:

Hi I surpassed 35,000 in revenue 100 transactions zero disputes everything is check marked as good yeah it still says not eligible at this time for a loan quite frankly I don't know what else could be done not even looking for a lot couple of grand am I missing something thanks in advance


HI @Checkmate 

 

So you've pretty much met every requirement,as per their "eligibility" factors.  Honestly when it comes to Square, Loans it is hard to predict when one may become eligible.  With one time you may see a loan at this time, an another time it was completely irrelevant but something triggers there system to grant you an offer.  

 

Based off from your metrics, I would think that it Is honestly just a matter of time.  There really isn't any magic button to be push, but you clearly seem to have a good grasp on everything else.  I think it just comes down to more time.

Dan
Square Champion
Check out Square support center for additional help.

"If you don't stand for something, you'll fall for anything"


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Perfect response! I wish there was a hidden button to hit because trying to figure out what, why, or when is impossible! The best resource we have is right here! Everyone is different and no one is going to be the same as you the user or Jimmy Smith. It helps see what is going on with the majority of people who comment. We are each other's best resources. 

Tammi
Owner of The White Pallet Chair
Square Champion, Expert and Advisor
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