every day on average 1,000 Square customers get a Square Capital loan with an average value of almost $7,000.
Nothing specific, Square's algorithm looks at lots of different variables, like average ticket total, new customers, Average number of tickets per day. So basically keep selling stuff and running your business well.
Getting a loan is complicated because it will take a percentage of every credit card sale right off the top so you have to be financially able to handle having 10-20% of a transaction sent straight to paying off your loan.
