Are loans now being offered to only those who pay for square premiums

Wondering if you now are only offered a loan if you are paying for square premiums. I have been a large business and offered 17,000 dollar loans to now a small single person hair salon out of my house. I have always been offered multiple loans right after paying them off. Now I have never missed a payment nor have I ever had to pay it off at the deadline IM early and impeccable standing with my loan histories. The only thing I can imagine is that IM not paying for the monthly upgrade of square so now I’m not being offered makes no sense and frankly quite frustrating 

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Hi @Studio519 

I do not believe that the premium membership has anything to do with consideration for a loan.  Your statement above mentioned you were a large business and now a single person salon correct?  If so how does your sales volume look in comparison to previous months/years?

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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Hi @Studio519 

I do not believe that the premium membership has anything to do with consideration for a loan.  Your statement above mentioned you were a large business and now a single person salon correct?  If so how does your sales volume look in comparison to previous months/years?

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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Square Champion

I don't think it has to do with the subscription amount paid; I do think that the volume of revenue (specifically credit card transactions) impacts the loan volume. 

UV-Free Spray Tanning Salon Owner, Northern & Southern California (Campbell)
Square Champion - Expert
instagram.com/bronzepalms
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