Anyone getting loans offer? 10/29

[Elizabeth07]

I’m currently at 93% paid, and everything on my account is in the green. This month has actually been my best month ever, and the past few have been strong too — yet I still haven’t received a new loan offer.

This is my 11th Square loan, and I’ve never had to go over 82% to get a new offer before. With sales being at their highest and everything looking good, something just doesn’t add up.

Has anyone received a new offer below 90% in the past month? Because at this point, it really feels like something has changed with the Square loan system.

[Abby_M]

Hi @Elizabeth07 

Thanks for posting on the Seller Community.

We appreciate your loyalty when choosing to partner with Square for your past business loans. Please know that your loan history is reviewed in determining loan eligibility, but there are other factors of your account that are also considered. We can’t guarantee a loan offer even if the key factors displayed on the eligibility page show all “Good.” I understand this isn’t the best experience, so I’ve shared this feedback with the product team.

We will continue to review your account daily for loan eligibility. If you become eligible, you’ll be notified directly on your Square Dashboard and through email.

Don’t hesitate to contact us directly if you have further questions or concerns.

[GAA]

I am 99% paid off and no new offer. Definitely the guidelines have changed… they are just not telling us. All I see on here is ppl waiting for a loan offer and not getting one.

[kgucc]

Currently at 90% within 4 months and no new offer. I even linked my account via Plaid and nothing.