Anyone got a new loan offer lately?

Has anyone received a new offer lately? Im at 79% on my third loan and no new offers. Ive always gotten them before now..

 

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Square Champion

@awangsness2412 ;

Square tightened the reins and most people are not getting offers till 90% or 100% paid off loans.

Keith
Owner
Pocono Candle

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Wondering the say thing.  This is our third loan. We recieved it in May it's over 75% paid off.  I noticed when reading more into our eligibility it says "our account hasn't been reviewed in awhile"  when do they start looking.   We could absolutely use a new loan now.

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Square Community Moderator

Hi @Crosstimberkoi@Candlestore and @awangsness2412,

I'd be happy to provide some more context around how your next offer works!


Each set of loan offers is unique and evaluated separately so they may differ as your business changes. The offers you receive are determined by several recent factors, including your Square processing volume, account history, and overall account activity. It's important to note that these offers are not necessarily influenced by the speed at which you are repaying your current loan.

While you may not currently be eligible for a new loan offer, Square will automatically review your account to determine loan eligibility and notify you if you become eligible.

Laurie
Community Moderator, Australia, Square
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Thank you.  I read that in the faq and answers.  It would be nice to have a straight forward answer and goals to look forward too. 

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