Apparently Square has decided loans are no longer a priority.
I've had several Square loans over the years. Historically, I'd be offered a new loan once I reached around 50–60% paid off. I'm currently at 92% paid, and my business metrics are stronger than they've ever been—yet there's not a loan offer in sight.
At the same time, processing fees have increased, but there don't seem to be any new financial advantages or incentives for loyal businesses. It's starting to make me seriously consider exploring other payment processors that provide better value and support for small businesses.
Loyalty should work both ways.
